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Developing a Culture for Sound Risk Management

In: Winning with Risk Management

Author

Listed:
  • Russell Walker

    (Northwestern University, USA)

Abstract

The following sections are included:British Petroleum and Its BeginningRisk Brewing and Early Warning SignsThe Explosion in the GulfCleaning up and Growing CostsCase ReviewRisk Management LessonsExamine your company's history for taking riskExamine anomalies in low operating expenses and cash reservesBe mindful of the political process and how it can exacerbate your lossesSet risk management goals for long-term value protectionExamine your risk-taking relative to the industry and your level of readiness relative to the industryCase Questions

Suggested Citation

  • Russell Walker, 2013. "Developing a Culture for Sound Risk Management," World Scientific Book Chapters, in: Winning with Risk Management, chapter 10, pages 143-163, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814383899_0010
    as

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