The Fantods Of Risk

Author: H. Felix Kloman

This book is one of the two ‘collected works’ by H. Felix Kloman.

In this work the author starts from some premisses, preliminary conclusions actually: what is risk, what is risk management, what is the process, what are the goals? Throughout the book, the author tells about it, and tests these conclusions to his ideas and to all kinds of situations in the world. This leads to a first climax in the book in chapter 14: “Does Risk Matter?” In that chapter he also discusses “four times three”: four hypotheses, four questions and four cautions about risk management and the risk manager. The book concludes with an introduction: “The Future of Risk Management, Again”. In it he gives an overview of new objectives (the most important one seems to me is “to build and maintain the confidence of critical stakeholder groups”), new standards, in which he cites the ISO 31000 standard, new insights, (directly perceptible risks, scientifically predictable risks and virtual risks) and new tools for ERM.

In the context of this book, I also want to refer to his other book, “Mumpsimus Revisited”, which also contains many of his ideas, and which could have been used in this book during the build-up to the end.

Manu Steens

Manu works at the Flemish Government in risk management and Business Continuity Management. On this website, he shares his own opinions regarding these and related fields. Since 2012, he has been working at the Crisis Centre of the Flemish Government (CCVO), where he has progressed in BCM, risk management, and crisis management. Since August 2021, he has been a knowledge worker for the CCVO. As of January 2024, he works at the Department of Chancellery and Foreign Affairs of the Flemish Government. Here, he combines BCM, risk management, and crisis management to create a tailored form of resilience management to meet the needs of the Flemish Government.

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