Risk Management in an Increasingly Complex and Interconnected World

Risk management is especially challenging for risks, which cannot be modelled using historical data due to rapid technological, environmental or social changes in an increasingly complex, interconnected world. This article describes and illustrates the Top Risk Assessments and Scenario Analysis appr...

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Main Author: Thomas C. Wilson
Format: Article
Language:English
Published: Globus et Locus 2016-02-01
Series:Glocalism: Journal of Culture, Politics and Innovation
Subjects:
Online Access:http://www.glocalismjournal.net/Issues/ON-GLOBAL-RISKS/Articles/Risk-Management-In-An-Increasingly-Complex-And-Interconnected-World.kl
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spelling doaj-3cb8eb6cad9b4701b9efdb5a7429e5a22020-11-25T00:03:58ZengGlobus et LocusGlocalism: Journal of Culture, Politics and Innovation2283-79492283-79492016-02-012015310.12893/gjcpi.2015.3.8Risk Management in an Increasingly Complex and Interconnected WorldThomas C. WilsonRisk management is especially challenging for risks, which cannot be modelled using historical data due to rapid technological, environmental or social changes in an increasingly complex, interconnected world. This article describes and illustrates the Top Risk Assessments and Scenario Analysis approaches which can be used to complement traditional risk modelling in these instances.http://www.glocalismjournal.net/Issues/ON-GLOBAL-RISKS/Articles/Risk-Management-In-An-Increasingly-Complex-And-Interconnected-World.klrisk managementscenari analysistop risk assestmentcomplexityinterconnected world
collection DOAJ
language English
format Article
sources DOAJ
author Thomas C. Wilson
spellingShingle Thomas C. Wilson
Risk Management in an Increasingly Complex and Interconnected World
Glocalism: Journal of Culture, Politics and Innovation
risk management
scenari analysis
top risk assestment
complexity
interconnected world
author_facet Thomas C. Wilson
author_sort Thomas C. Wilson
title Risk Management in an Increasingly Complex and Interconnected World
title_short Risk Management in an Increasingly Complex and Interconnected World
title_full Risk Management in an Increasingly Complex and Interconnected World
title_fullStr Risk Management in an Increasingly Complex and Interconnected World
title_full_unstemmed Risk Management in an Increasingly Complex and Interconnected World
title_sort risk management in an increasingly complex and interconnected world
publisher Globus et Locus
series Glocalism: Journal of Culture, Politics and Innovation
issn 2283-7949
2283-7949
publishDate 2016-02-01
description Risk management is especially challenging for risks, which cannot be modelled using historical data due to rapid technological, environmental or social changes in an increasingly complex, interconnected world. This article describes and illustrates the Top Risk Assessments and Scenario Analysis approaches which can be used to complement traditional risk modelling in these instances.
topic risk management
scenari analysis
top risk assestment
complexity
interconnected world
url http://www.glocalismjournal.net/Issues/ON-GLOBAL-RISKS/Articles/Risk-Management-In-An-Increasingly-Complex-And-Interconnected-World.kl
work_keys_str_mv AT thomascwilson riskmanagementinanincreasinglycomplexandinterconnectedworld
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