Art And Science Of Managing Public Risks

Art And Science Of Managing Public Risks

Author: V S Ramamurthy

Publisher: World Scientific

Published: 2022-04-08

Total Pages: 413

ISBN-13: 9811254044

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The COVID-19 and the onslaught of Climate Change have exposed the fragility of our lives and ecosystem. Natural disasters like asteroid impact, earthquakes, tsunamis, volcanic eruptions, floods, cyclones, etc., and pandemics like plagues, smallpox, cholera, tuberculosis, malaria, etc., have been man's nemesis from the beginning of time. This list of public risks has now expanded to include pollutions, industrial disasters, and very many new, confusing and emerging technologies.How have governments handled these public risks? How have they convinced people to take precautions under such emergencies? What measures does one take for managing them, and for the rescue, relief, and rehabilitation of the masses? And most importantly, how does one prepare the masses to face the risks without panicking? It is argued that sermons, dictates, and discourses may not work in democratic societies. Rather, one needs a new breed of risk communicators who can enter into a dialogue with the people to prepare them for these challenges and to welcome truly beneficial new technologies.The book takes a panoramic view of the issue of risks and illustrates the challenges and opportunities of the Art and Science of Managing Public Risks. It celebrates the indomitable spirit of man, who has leveraged science to predict — where possible, and provide solutions for managing these risks.


The Art of Risk

The Art of Risk

Author: Kayt Sukel

Publisher: National Geographic Books

Published: 2016-03-01

Total Pages: 235

ISBN-13: 1426214731

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Are risk-takers born or made? Why are some more willing to go out on a limb (so to speak) than others? How do we weigh the value of opportunities large or small that may have the potential to change the course of our lives? These are just a few of the questions that author Kayt Sukel tackles, applying the latest research in neuroscience and psychology to compelling real-world situations. Building on a portfolio of work that has appeared in such publications as Scientific American, Atlantic Monthly, The Washington Post, and more, Sukel offers an in-depth look at risk-taking and its role in the many facets of life that resonates on a personal level. Smart, progressive, and truly enlightening, The Art of Risk blends riveting case studies and hard-hitting science to explore risk-taking and how it impacts decision-making in work, play, love, and life, providing insight in understanding individual behavior and furthering personal success.


You Are What You Risk

You Are What You Risk

Author: Michele Wucker

Publisher: Simon and Schuster

Published: 2021-04-06

Total Pages: 244

ISBN-13: 1643136798

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The #1 international bestselling author of The Gray Rhino offers a bold new framework for understanding and re-shaping our relationship with risk and uncertainty to live more productive and successful lives. What drives a sixty-four-year-old woman to hurl herself over Niagara Falls in a barrel? Why do we often create bigger risks than the risks we try to avoid? Why are corporate boards newly worried about risky personal behavior by CEOs? Why are some nations quicker than others to recognize and manage risks like pandemics, technological change, and climate crisis? The answers define each person, organization, and society as distinctively as a fingerprint. Understanding the often-surprising origins of these risk fingerprints can open your eyes, inspire new habits, catalyze innovation and creativity, improve teamwork, and provide a beacon in a world that seems suddenly more uncertain than ever. How you see risk and what you do about it depend on your personality and experiences. How you make these cost-benefit calculations depend on your culture, your values, the people in the room, and even unexpected things like what you’ve eaten recently, the temperature, the music playing, or the fragrance in the air. Being alert to these often-unconscious influences will help you to seize opportunity and avoid danger. You Are What You Risk is a clarion call for an entirely new conversation about our relationship with risk and uncertainty. In this ground-breaking, accessible and eminently timely book, Michele Wucker examines why it’s so important to understand your risk fingerprint and how to make your risk relationship work better in business, life, and the world. Drawing on compelling risk stories around the world and weaving in economics, anthropology, sociology, and psychology research, Wucker bridges the divide between professional and lay risk conversations. She challenges stereotypes about risk attitudes, re-frames how gender and risk are related, and shines new light on generational differences. She shows how the new science of “risk personality” is re-shaping business and finance, how healthy risk ecosystems support economies and societies, and why embracing risk empathy can resolve conflicts. Wucker shares insights, practical tools, and proven strategies that will help you to understand what makes you who you are –and, in turn, to make better choices, both big and small.


The ART of Risk Management

The ART of Risk Management

Author: Christopher L. Culp

Publisher: John Wiley & Sons

Published: 2002-07-11

Total Pages: 590

ISBN-13: 0471263699

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Learn about today's hottest new risk management tools One of the hottest areas of finance today, alternative risk transfer, or ART, refers to the use of various insurance products to manage market, credit, operational, legal, environmental, and other forms of risk. As the capital and insurance markets continue to converge, the number and complexity of new risk-defraying insurance products available to corporations, brokerages, money managers and other financial professionals will continue to grow. Expert Christopher L. Culp uses case studies of recent ART transactions used by risk managers to put the field into perspective for financial professionals and to acquaint them with the various types of risk control products now available. In addition he explores, in-depth, the links between ART, derivatives and bank-arranged risk financing, and he explains the key differences between classic insurance products and financial guarantees, risk financing, bundled layering, and other ART forms.


The Science of Bureaucracy

The Science of Bureaucracy

Author: David Demortain

Publisher: MIT Press

Published: 2020-01-21

Total Pages: 453

ISBN-13: 026253794X

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How the US Environmental Protection Agency designed the governance of risk and forged its legitimacy over the course of four decades. The US Environmental Protection Agency was established in 1970 to protect the public health and environment, administering and enforcing a range of statutes and programs. Over four decades, the EPA has been a risk bureaucracy, formalizing many of the methods of the scientific governance of risk, from quantitative risk assessment to risk ranking. Demortain traces the creation of these methods for the governance of risk, the controversies to which they responded, and the controversies that they aroused in turn. He discusses the professional networks in which they were conceived; how they were used; and how they served to legitimize the EPA. Demortain argues that the EPA is structurally embedded in controversy, resulting in constant reevaluation of its credibility and fueling the evolution of the knowledge and technologies it uses to produce decisions and to create a legitimate image of how and why it acts on the environment. He describes the emergence and institutionalization of the risk assessment–risk management framework codified in the National Research Council's Red Book, and its subsequent unraveling as the agency's mission evolved toward environmental justice, ecological restoration, and sustainability, and as controversies over determining risk gained vigor in the 1990s. Through its rise and fall at the EPA, risk decision-making enshrines the science of a bureaucracy that learns how to make credible decisions and to reform itself, amid constant conflicts about the environment, risk, and its own legitimacy.


Risk Assessment in the Federal Government

Risk Assessment in the Federal Government

Author: National Research Council

Publisher: National Academies Press

Published: 1983-02-01

Total Pages: 206

ISBN-13: 0309033497

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The regulation of potentially hazardous substances has become a controversial issue. This volume evaluates past efforts to develop and use risk assessment guidelines, reviews the experience of regulatory agencies with different administrative arrangements for risk assessment, and evaluates various proposals to modify procedures. The book's conclusions and recommendations can be applied across the entire field of environmental health.


RISK ENGINEERING

RISK ENGINEERING

Author: JAGENDRA RANA

Publisher: Blue Rose Publishers

Published: 2023-06-29

Total Pages: 297

ISBN-13:

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Risk engineering is the application of engineering skills and methodologies to the management of risk. It involves hazard identification, risk analysis, risk evaluation and risk treatment. Risk engineering is an ongoing process that allows insured’s to take cost-effective actions to protect their assets, safeguard their people and help maintain the continuity of their business. Property risk engineering and technical expertise supports a variety of industry sectors. To prevent the risk from becoming a danger which threatens their very existence, companies must recognise, analyse and eliminate threats, ideally at an early stage. Risk Engineering solutions help businesses of all sizes build resilience to today’s evolving, interconnected risk landscape by helping them manage loss control, mitigate risk, improve safety and reduce claims.


Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation

Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation

Author: Intergovernmental Panel on Climate Change

Publisher: Cambridge University Press

Published: 2012-05-28

Total Pages: 593

ISBN-13: 1107025060

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Extreme weather and climate events, interacting with exposed and vulnerable human and natural systems, can lead to disasters. This Special Report explores the social as well as physical dimensions of weather- and climate-related disasters, considering opportunities for managing risks at local to international scales. SREX was approved and accepted by the Intergovernmental Panel on Climate Change (IPCC) on 18 November 2011 in Kampala, Uganda.


Communicating Health Risks to the Public

Communicating Health Risks to the Public

Author: Dawn Hillier

Publisher: CRC Press

Published: 2016-05-23

Total Pages: 166

ISBN-13: 1317163664

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This book reviews current health risk communication strategies, and examines and assesses the technical and psycho-sociological tools available to support risk communication plans. It brings together approaches to risk communication from a number of countries and describes the techniques, including drama, storytelling and scenarios that are used to identify and prioritise key communication issues, and to identify policy responses. The book also provides a review of the methods and tools available for risk assessment, risk communication and priority setting, which are relevant not only to practitioners but to health planning more generally, and to many other areas of public health and policy. The discussion of these techniques is supported by case studies, and is concluded by a chapter reflecting on the conceptual and research issues that still need to be addressed. It also proposes new directions for risk communication that key into the public imagination with the aim of gaining their trust and confidence in the risk messages. Communicating Health Risks to the Public: A Global Perspective brings together a wide variety of perspectives on risk communication, from the perspectives of health, anthropology, psychology, and media. It should be of interest not only to those involved in risk assessment or communication but to anyone interested in the role of science and the media in the political process.


Flood Risk Science and Management

Flood Risk Science and Management

Author: Gareth Pender

Publisher: John Wiley & Sons

Published: 2010-12-01

Total Pages: 744

ISBN-13: 144434076X

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Approaches to avoid loss of life and limit disruption and damage from flooding have changed significantly in recent years. Worldwide, there has been a move from a strategy of flood defence to one of flood risk management. Flood risk management includes flood prevention using hard defences, where appropriate, but also requires that society learns to live with floods and that stakeholders living in flood prone areas develop coping strategies to increase their resilience to flood impacts when these occur. This change in approach represents a paradigm shift which stems from the realisation that continuing to strengthen and extend conventional flood defences is unsustainable economically, environmentally, and in terms of social equity. Flood risk management recognises that a sustainable approach must rest on integrated measures that reduce not only the probability of flooding, but also the consequences. This is essential as increases in the probability of inundation are inevitable in many areas of the world due to climate change, while socio-economic development will lead to spiralling increases in the consequences of flooding unless land use in floodplains is carefully planned. Flood Risk Science and Management provides an extensive and comprehensive synthesis of current research in flood management; providing a multi-disciplinary reference text covering a wide range of flood management topics. Its targeted readership is the international research community (from research students through to senior staff) and flood management professionals, such as engineers, planners, government officials and those with flood management responsibility in the public sector. By using the concept of case study chapters, international coverage is given to the topic, ensuring a world-wide relevance.