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The need for a corporate strategy on risk management and risk transfer

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  • Braithwaite, Sue

Abstract

Accidents happen to companies every day, but only some are catastrophic. Minimising them is more than just insurance; the correct strategy is risk management and involves the development of a Disaster Plan and a Crisis Management Plan. Sue Braithwaite explores the setting-up and organisation of such plans which involve, among other things, the interrelationship and co-ordination of risks, responsibilities, back-up contact, support and communications, testing and insurance. She insists that a company's long-term viability must include a developed strategy on the management of risk, loss prevention and control and damage containment.

Suggested Citation

  • Braithwaite, Sue, 1989. "The need for a corporate strategy on risk management and risk transfer," European Management Journal, Elsevier, vol. 7(4), pages 467-482, December.
    • Handle: RePEc:eee:eurman:v:7:y:1989:i:4:p:467-482
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    Cited by:

    1. Kooli, Chokri, 2019. "Governing and managing higher education institutions: The quality audit contributions," Evaluation and Program Planning, Elsevier, vol. 77(C).
    2. Som Sekhar Bhattacharyya & Sumi Jha & Christo Fernandes, 2015. "Expounding the Structural Elements of Strategic Planning in the Emerging Indian Market Context," Vision, , vol. 19(4), pages 357-365, December.

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