People Risk Management: A Practical Approach to Managing the Human Factors That Could Harm Your Business

by Keith Blacker, Patrick McConnell

People Risk Management provides unique depth to a topic that has garnered intense interest in recent years. Based on the latest thinking in corporate governance, behavioural economics, human resources and operational risk, people risk can be defined as the risk that people do not follow the organization's procedures, practices and/or rules, thus deviating from expected behaviour in a way that could damage the business's performance and reputation. From fraud to bad business decisions, illegal activity to lax corporate governance, people risk - often called conduct risk - presents a growing challenge in today's complex, dispersed business organizations. Framed by corporate events and challenges and including case studies from the LIBOR rate scandal, the BP oil spill, Lehman Brothers, Royal Bank of Scotland and Enron, People Risk Management provides best-practice guidance to managing risks associated with the behaviour of both employees and those outside a company. It offers practical tools, real-world examples, solutions and insights into how to implement an effective people risk management framework within an organization.

312 pages, Paperback

First published April 28, 2015

Reviews

[Frank Ashe · Rating 5 out of 5]

The main reason that organisations cease to exist, against their owners' wishes, is because of people doing things that aren't good for the organisation. The authors call this people risk. This book examines the gamut of people risk and provides case studies, potential management solutions, and insight to help the risk practitioner.