Risk management from a legal and governance perspective
Risk management is seen as the key to living with potentially catastrophic hazards, but the language of disaster risk management carries with it the implication that all risks can in fact be managed. This implies that if there is an adverse outcome, even accepting an inherent residual risk, there must have been a failure by those responsible. The concept of risk management raises the further risk of being blamed for failing to meet community expectations and that risk, too, needs to be managed....[Show more]
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