I got to this book thanks to JP.

This paragraph from the summary resonates well.

In short, this important book traces the rise of the managerial concept of risk and the different logics and values which underpin it, showing that it has much less to do with real dangers and opportunities than might be thought, and more to do with organizational accountability and legitimacy.

Banks use risk as a front for too many things, beyond traditional financial risk. But that quote might tell us why … if your job is to manage something, beyond traditional financial risk, such as brand, and channel, your view will be driven by organisational matters, before the ‘right’ thing.

Technorati tags: Banking Strategy