n Risk Management - Applying the principles of war to risk management : risk trends

Volume 2, Issue 9
  • ISSN : 1817-6585


Extracted from text ... 15 OCTOBER 2006 Risk Management R I S K T R E N D S The principles of war have been applied to various aspects of management, but when applied to risk management they provide certain unique insights. Military strategies can be traced through history, thanks to authors such as Sun Tzu (500 BC), Von Clausewitz (1832), Douhet (1921) and Van Creveld (1991). Despite this extensive body of work, the debate on the principles of war and the extent of their application continues. The principles defi ned by Johnson, Johnson II, Kievit, Lovelace, JR and Metz1 (1995) could be ..

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