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image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Journal of Informati...arrow_drop_down
image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao
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Article . 2011
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The Risk of Risk Registers – Managing Risk is Managing Discourse Not Tools

Authors: Alexander Budzier;

The Risk of Risk Registers – Managing Risk is Managing Discourse Not Tools

Abstract

D rummond (2011) eloquently illustrates the Janus-head of MIS using a vivisection of risk registers, noting how, although risk registers are commonly used, they often fail. Drummond finds two root causes for their failure (1) the fog of risk and (2) the surplus reality of risk registers. Drummond first notes that risk registers compile information about the future of the world and the possible impacts the future may have on the company. As such, risk registers are predisposed to fail, because of managerial myopia and the indeterminism of the future. Second, Drummond argues, risk registers fail because they constrain managerial thinking. Risk registers are limited to measurable and explicable information, thus discarding the value of intuition, gut feelings and emotions. Because language frames managerial thinking, Drummond suggests novel metaphors to reinvent risk management, that is, reclassifying risks as ghost and shadows, mutating viruses, imps, irony, or choices. The challenge put forth to Drummond (2011) argues that (1) risk registers should not be viewed as a metonymy; (2) the root causes of the failure of risk registers are not only because of individual fallacies but are also rooted in organizational nature, for example, organizational selfservice and distrust in experts; and (3) a way out of the predicament needs to go beyond semantics.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
5
Average
Average
Average
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