Citation

Smallman C. Safety Sci. 1996; 22(1-3): 245-262.

Copyright

(Copyright © 1996, Elsevier Publishing)

DOI

unavailable

PMID

unavailable

Abstract

Risk management is placed in the context of recent social theory, recognizing the emerging chaos that is inherent in post-industrial life. The declining performance of the insurance industry is cited as evidence of the dynamic changes in society. Two risk management paradigms, "reactive" and "holistic", are described and contrasted. An outline model of the second is presented and linked with elements of recent research in risk management. The paper then presents a discussion of this new paradigm in relation to key issues in the future of risk management.