Organizational Risk Management: Managing for Uncertainty and Ambiguity

Organizations should manage risk and engage with its advantages, as every organization faces difficult decisions when managing risk and the potential consequences of its manifestation. Organizational Risk Management: Managing for Uncertainty and Ambiguity provides a series of perspectives that shed light on how organizational structures and processes adapt to manage and exploit the accompanying risks of a complex, dynamic organizational environment. It aims to promote discussion among practitioners and organizational scholars to understand organizational risk and strengthen ties between practice and science.

Format: Hardback
Length: 251 pages
Publication date: 05 July 2022
Publisher: De Gruyter

Organizations face complex decisions when managing risk and its potential consequences. To gain a comprehensive understanding of risk, organizations should also evaluate and engage with its potential advantages. Organizational Risk Management: Managing for Uncertainty and Ambiguity provides a comprehensive exploration of various perspectives that encompass both causal and interpretive frameworks. These perspectives shed light on how organizations adapt and manage risks in a dynamic and complex organizational environment.

This volume challenges the notion of clarity in crisis situations and emphasizes the importance of uncertainty and ambiguity as the conditions for exploiting organizational risk and exploring opportunities that rely on interpretation, learning, and knowledge among individuals.

The ultimate objective of Organizational Risk Management: Managing for Uncertainty and Ambiguity is to foster discussion among practitioners and organizational scholars who aim to understand organizational risk. By setting this goal, the volume promotes proactive monitoring and response to risk, strengthening the bridge between practice and science.

In conclusion, organizations must navigate a delicate balance between managing risk and maximizing its potential benefits. By adopting a comprehensive approach that considers both causal and interpretive frameworks, organizations can enhance their resilience, adaptability, and competitiveness in an ever-changing business environment.

Weight: 560g
Dimension: 240 x 170 (mm)
ISBN-13: 9783110670196