Abstract
In this chapter theoretical models and practical arguments will be developed to show that risk management is a cost-effective way of protecting organisations from both human and financial losses. The development of risk management as a discipline is discussed including some of the problems associated with its practical application within organisations.
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© 2005 Brian Toft and Simon Reynolds
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Toft, B., Reynolds, S. (2005). The management of risk. In: Learning from Disasters: A Management Approach. Palgrave, London. https://doi.org/10.1007/978-1-349-27902-9_2
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DOI: https://doi.org/10.1007/978-1-349-27902-9_2
Publisher Name: Palgrave, London
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