Since the mid-1990s risk management has dramatically expanded its reach and significance to become a benchmark of good governance for a wide variety of public and private organizations. This book shows that the rise of risk management has much less to do with real dangers and opportunities than with organizational accountability and legitimacy.
Power's new book brings much the same note of sceptisism to another world-sweeping managerial pheomenon: the drive to convert uncertainty about the future into identifiable risks...[..] So what will be the new model to challenge, and perhaps even displace, risk management? We await Michael Power's next decennial book to tell us in the hope that it will be as iconoclastic and illuminating as the present one.