Risk management: new initiatives

Abstract

Explain clearly to a facilities manager the meaning of risk management and the response will be instantaneous — ‘I do that!’ The more cynical among them will say that they have done it for years, and there is no need to invent fancy jargon to describe what is to them a commonplace activity. But there is a need, because the rise of risk management is a further example of how management science is pervading everyday management practice, carrying with it quantification, analysis and modelling into the more subjective and intuitive world of commonsense management.

Citation

Leaman, A. (1987), "Risk management: new initiatives", Facilities, Vol. 5 No. 12, pp. 13-14. https://doi.org/10.1108/eb006427