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Risky business: the domino effect of global risk

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Abstract:

Risk is out on the prowl; it's gone global and it knows no boundaries. Gone are the days when topping up your insurance premiums was enough to ensure peace of mind. No longer can a disaster abroad be met with a shrug of the corporate shoulders. We live in interdependent times and, in the interlinked global village we now inhabit, risk has just moved in next door. Disease, natural disasters, terrorism and computer viruses are all in the neighbourhood. And so are the local gossips. So no matter where you live or work you had better be ready because, like a house of cards, the whole lot could come crashing down at any moment.

Keywords: business; domino; effect; global; risk; risky

Document Type: Research Article

DOI: http://dx.doi.org/10.9774/GLEAF.978-1-909493-60-5_6

Publication date: March 10, 2006

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