Traditional Enterprise Risk Management (ERM) was first introduced and actively practiced in private sector. Recently more and more public sector organizations have been engaging in organization-wide risk management, widely using the term ‘ERM’ for it

The good thing is that public organizations are increasingly mindful about addressing risks. However, only ERM is absolutely insufficient. The critical difference here is the focus of attention. If the focus for the ERM is mainly set on addressing the objectives of the organization itself or its constituencies (one or multiple organizations), for public sector organizations – the focus is primarily set on the priorities of its beneficiaries and not the organization itself.

Published at the PM World Journal, Vol. V, Issue II, February 2016

Everyone has their own “risk landscape”, representing a set of opportunities that we can benefit from along with challenges that can limit us or threaten our development. The risk landscape differs for each of us as individuals, and different communities, professional associations, social or ethnic groups also have their own risk landscape. This is particularly true in the context of international aid and development. The risk landscape of a farmer in Malawi, for example, will be very different from that of a Dutch farmer. Similarly, the risk landscape of Ebola-affected communities will be different from that of a fragile community.

Risk is quickly becoming a buzzword in development aid. The importance of this concept to the success of any development intervention given the growing level of uncertainties in the development context should not be underestimated. However, the multiplicity of ways in which it is interpreted and the terminological diversity result in a concomitant disarray in development policy-making and programming. On4th September 2015 UNISDR will be holding a technical briefing on terminology in preparation for a forthcoming meeting of the Open-Ended Intergovernmental Expert Group on Indicators and Terminology that is to be held at the end of September.

All of us as individuals and as the representatives of different communities, professional associations, social or ethnic groups; we all have our own risk landscape. This is a landscape of opportunities that we can benefit from along with the challenges that can limit us or threaten our development.

Guest blog: Barbara Lucini, PhD, Phd Sociology and Methodology of Social Research Catholic University of Sacred Heart, Milan Idra - Itstime Disaster Resilience Agency

New Springer Book by Barbara Lucini : “Disaster Resilience from a Sociological Perspective. Exploring Three Italian Earthquakes as Models for Disaster Resilience Planning”
Here is the official link


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