Martin van Staveren finalized his dissertation about the “Design propositions for Implementing Risk Management in Organizations”. His study is an in depth search for the mysteries of human soul and the related behaviour.
He concludes that “Managing risk is difficult, applying risk management is more difficult and implementing risk management in organizations is the most difficult.
Risk management is about handling uncertainty, with which most people feel rather uncomfortable. Moreover, risk management has a preventive character. This means doing something to avoid something else happening. However, in most situations there is no direct relationship between the application and benefits of risk management. Otherwise, private and public organizations operating in our globalizing world are highly vulnerable to risk. Therefore, an increasing number of managers and executives acknowledge that the risk of not routinely applying risk management is unacceptable for their organizations, as well as for shareholders and other stakeholders.”