Risk Management Maturity A Multidimensional Model

“Risk Management Maturity: A Multidimensional Model” by Sylwia Bąk, published by Taylor & Francis in May 2024, offers a comprehensive examination of risk management frameworks in the context of crises, such as the COVID-19 pandemic. This 102-page book presents a new risk management maturity model designed to assess and enhance risk management processes within enterprises during challenging times. It surveys existing models and illustrates the application of the proposed framework, emphasizing its relevance to crisis situations.
Readers will find a detailed exploration of how the new model correlates its attributes with crisis management, supported by an analysis of 107 enterprises across various sectors, including financial services, construction, and IT. The book aims to serve entrepreneurs, managers, and risk management professionals, providing them with practical tools for evaluating and improving their risk management strategies. Additionally, it addresses the interests of academics and stakeholders involved in business and risk management, making it a valuable resource for those seeking to understand and implement effective risk management practices.
Official synopsis Publisher
“Crises like the COVID-19 pandemic are wake-up calls for enterprises to review their current risk management models. This book suggests a more robust risk management maturity model and illustrates the application in crisis situations. The book surveys existing risk management maturity models and proposes a new model appropriate for assessing the risk management processes in enterprises during times of crisis. Its key advantages include the correlation of its attributes with crisis situations and an innovative methodological approach to model development. The authors use the model to examine 107 enterprises from the financial services, construction and IT sector, showing how it allows the user to identify risk management maturity changes in the aftermath of the COVID-19 pandemic. The book will interest entrepreneurs, managers and risk management professionals, who can use the model in their management processes, as well as enterprise stakeholders and academics. Sylwia Bąk holds a PhD in Management Sciences. She works as Researcher and Lecturer in the Management Systems Department of Jagiellonian University in Cracow, Poland. In her interests, research and publications, she focuses on issues related to risk management, crisis management, strategic management and standardized management systems”–
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