Elements of Risk Management: Current Trends and Future Developments

During the last two decades, there has been a fundamental change in the way organizations perceive risk management. In the past, the issue was addressed mainly in financial departments and limited, most often, to the purchase of insurances. Currently, the organization's risk management covers a wider range of risks - especially operational risks, reputation risks to the organization and, more recently, strategic risks. For a better understanding of the domain, this book presents a conceptual framing of the concepts with which we operate

Anca - Gabriela Petrescu holds a Ph.D. in management and her research interests include risk management and organisational management. Owning more than 7 years of experience in this area and having published many articles, she has also coordinated the present book with Nicoleta Sîrbu, Marius Petrescu, Florentina - Raluca Bîlcan.