Managing Risk In Organizations: A Guide For Managers

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This guide examines the risks routinely encountered in business, offers prescriptions to assess the effects of various risks, and details strategies to cope with risks. Illustrating major principles with case studies, the book outlines a systematic risk management process. Individual chapters address the limitation of risk management, the identification of risk, qualitative analysis, quantitative analysis, the role of probability and statistics, planning, monitoring and controlling risk, and various types of risk. Frame is affiliated with the University of Management and Technology.

E-Book Content

Managing Risk in Organizations J. Davidson Frame Q Managing Risk in Organizations A Guide for Managers Copyright © 2003 by J. Davidson Frame. Published by Jossey-Bass A Wiley Imprint 989 Market Street, San Francisco, CA 94103-1741 www.josseybass.com No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, 978-750-8400, fax 978-750-4470, or on the web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, 201-748-6011, fax 201-748-6008, e-mail: [email protected] The Washington Post story on pp. 13–14 is © 2001, The Washington Post. Reprinted with permission. Jossey-Bass
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