Transforming academic research from pure knowledge into real-world business or organizational practices is challenging for a wide variety of reasons. Time is an issue. Business unit or organizational leaders have little time to leaf through academic journals or article databases looking for research they can apply to their companies. Even if they did, the parameters […]
Author: Ferlie, Ewan
Managing Risks: Culture Matters More Than Rules
Formal risk management systems now provide the dominant logic for governing an uncertain world and are prevalent in public services as well as private firms. What happens when these systems interact with indigenous risk practices and ethics-based risk controls? Existing literature suggests that hybridization is likely — that rules-based and ethics-orientated models complement each other […]
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