Risk Management Solutions
Kallman, James, Risk Management
For many, the purpose of risk management is to help others create value. Some risk managers achieve this goal by purchasing insurance to finance losses; others initiate safety projects to save lives. Both solutions are but a small sample of risk management techniques. In this article, first we examine the set of risk management solutions; second, we review the pure risk management solution of prevention-arguably the most important of all our tools.
A convenient way to see the portfolio of all risk management solutions is to examine the risk management solution tree. This is a visual representation of the options available to create value. The tree also shows how the various …
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information: Article title: Risk Management Solutions. Contributors: Kallman, James - Author. Magazine title: Risk Management. Volume: 55. Issue: 3 Publication date: March 2008. Page number: 40+. © 1999 Risk Management Society Publishing, Inc. Provided by ProQuest LLC. All Rights Reserved.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.