Effective Risk Management Strategies in a Complex Global Landscape
Year: 2024
Type: article
Abstract: In today's increasingly interconnected and volatile world, effective risk management has become paramount for organizations and governments alike. This paper examines the contemporary risk landscape, characterized by political instability, economic uncertainty, environmental challenges, and technological threats. It explores established risk management frameworks and highlights the necessity of integrated approaches that encompass identification, assessment, and mitigation of risks. By analyzing successful case studies and lessons learned from failures, the paper underscores the importance of fostering a risk-aware culture and leveraging technology to enhance resilience. Finally, it discusses emerging trends and innovations in risk management practices, advocating for collaborative efforts among stakeholders to navigate the complexities of a troubled global environment and ensure a sustainable future.
Author: Azzi, Georges
Language: English
Field: Decision Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6911853186
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