Abstract
After reading this chapter you will be able to:
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recognize the omnipresence of risk of various kinds
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identify the main strategic responses to the existence of risk
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understand when avoidance is the best form of risk management
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distinguish between the management and mitigation of risk
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understand how diversification is one way of managing risk
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consider how, using scenario building and planning, risk management can be made part of the overall strategic orientation of those making strategy
Worst infection-disease catastrophe in recorded history. (Rosen et al., 2003: 81, talking of AIDS)
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© 2004 Colin White
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White, C. (2004). Managing risk. In: Strategic Management. Palgrave, London. https://doi.org/10.1007/978-0-230-55477-1_14
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DOI: https://doi.org/10.1007/978-0-230-55477-1_14
Publisher Name: Palgrave, London
Print ISBN: 978-1-4039-0400-3
Online ISBN: 978-0-230-55477-1
eBook Packages: Palgrave Social & Cultural Studies CollectionSocial Sciences (R0)