The History of Risk Management
Please find a new permanent page on RISKVIEWS – The History of Risk Management. It is a simple list of major historical events that are important to Risk Management and ERM as it is practiced today. This list was compiled with the help of INARM.
Risk Management development has not followed a particularly straight line. Practices have been adopted, ignored, misused. Blow up have happened. Some of those blow ups are mentioned on another page in RISKVIEWS – Risk Management Failures.
But Risk Managers have learned from those blow ups and the next generation of Risk Management programs incorporated those learnings.
The most important thing to know about risk management that we have learned from history is that risk management must be practiced in earnest. No amount of good talks or fancy charts will take the place of roll up your sleeves and do it risk management. Promoting that sort of Risk Management is the objective of this Blog.