Rethinking Risk in National Security

Lessons of the Financial Crisis for Risk Management

By:

Michael J. Mazarr

Format:

Hardback

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Description

This book examines the role of risk management in the recent financial crisis and applies lessons from there to the national security realm. It rethinks the way risk contributes to strategy, with insights relevant to practitioners and scholars in national security as well as business. Over the past few years, the concept of risk has become one of the most commonly discussed issues in national security planning. And yet the experiences of the 2007-2008 financial crisis demonstrated critical limitations in institutional efforts to control risk. The most elaborate and complex risk procedures could not cure skewed incentives, cognitive biases, groupthink, and a dozen other human factors that led companies to take excessive risk. By embracing risk management, the national security enterprise may be turning to a discipline just as it has been discredited.

Author Biography:

Michael J. Mazarr is a Senior Political Scientist at the RAND Corporation, USA. The author of 12 books, he has been a professor and dean at the National War College, USA, a special assistant to the Chairman of the US Joint Chiefs of Staff, a senior fellow at the Center for Strategic and International Studies (CSIS), USA, and a defense aide on Capitol Hill.

Release date NZ

April 28th, 2016

Author

Michael J. Mazarr

Audiences

Professional & Vocational
Tertiary Education (US: College)

Edition

1st ed. 2016

Illustrations

IX, 246 p.

Pages

246

Dimensions

155x235x20

ISBN-13

9781349918416

Product ID

24707350

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