2011/09/20 by Alexander Budzier · 1 citation
Social Sciences · Decision Sciences · Business, Management and Accounting · #Risk Perception and Management #Complex Systems and Decision Making #Management and Organizational Studies
paper · doi:10.1057/jit.2011.13
openalex publication_date 2011/09/20 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/23
This response to Drummond (2011) argues that risk registers, despite their drawbacks, are a useful tool in organizations. Their main function is to act as a boundary object, bridging the intra- and extra-organizational discourse about the risks and organization is facing. Thus their effectiveness should not be measured in truthfulness but in terms of their ability to establish communicative rationality for which both quantitative and qualitative insights are necessary.