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Rethinking Risk in National Security: Lessons of the Financial Crisis for Risk Management - Hardcover

Mazarr, Michael J.

 
9781349918416: Rethinking Risk in National Security: Lessons of the Financial Crisis for Risk Management
Hardcover
ISBN 10: 1349918415 ISBN 13: 9781349918416
Verlag: Palgrave Macmillan, 2016

Inhaltsangabe

This book examines the role of risk management in the recent financial crisis and applies lessons from there to the national security realm. It rethinks the way risk contributes to strategy, with insights relevant to practitioners and scholars in national security as well as business. Over the past few years, the concept of risk has become one of the most commonly discussed issues in national security planning. And yet the experiences of the 2007-2008 financial crisis demonstrated critical limitations in institutional efforts to control risk. The most elaborate and complex risk procedures could not cure skewed incentives, cognitive biases, groupthink, and a dozen other human factors that led companies to take excessive risk. By embracing risk management, the national security enterprise may be turning to a discipline just as it has been discredited.

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Über die Autorin bzw. den Autor

Michael J. Mazarr is a Senior Political Scientist at the RAND Corporation, USA. The author of 12 books, he has been a professor and dean at the National War College, USA, a special assistant to the Chairman of the US Joint Chiefs of Staff, a senior fellow at the Center for Strategic and International Studies (CSIS), USA, and a defense aide on Capitol Hill.

Von der hinteren Coverseite

This book examines the role of risk management in the recent financial crisis and applies lessons from there to the national security realm. It rethinks the way risk contributes to strategy, with insights relevant to practitioners and scholars in national security as well as business. Over the past few years, the concept of risk has become one of the most commonly discussed issues in national security planning. And yet the experiences of the 2007-2008 financial crisis demonstrated critical limitations in institutional efforts to control risk. The most elaborate and complex risk procedures could not cure skewed incentives, cognitive biases, groupthink, and a dozen other human factors that led companies to take excessive risk. By embracing risk management, the national security enterprise may be turning to a discipline just as it has been discredited.

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Verlag
Palgrave Macmillan
Erscheinungsdatum
2016
Sprache
Englisch
ISBN 10 
1349918415
ISBN 13 
9781349918416
Einband
Gebundene Ausgabe
Auflage
1
Anzahl der Seiten
255
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