Transcription of Risk - Concept Text
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Risk - Concept Text
NUFFIELD TRUST GLOBAL PROGRAMME ON HEALTH, FOREIGN POLICY AND SECURITYRISK CASE STUDIESThe Concept of RiskBill Durodi Senior Lecturer in Risk and SecurityDefence College of Management and TechnologyCranfield University, Shrivenham, Swindon, SN6 8LA, UKThe Nuffield TrustThe Nuffield Health & social Services FundUK Global Health ProgrammeThe Rise of RiskRisk is an abstraction that represents the likelihood of specific outcomes. As such, risksappear largely external to us - particular events occur whether we want them to or not. Ineffect, risks have always been around, however, that we conceive of something as being a risk,is a product of social progress and the evolution of human ability to discern patterns, and their limitations, in nature, in order to subject these toour actions, has enabled development. In turn, the meaning and history of risk have changedtoo. Our understanding of risk reflects our own confidence or lack of it in human will andagency.
3 The academic and social commentator, Frank Furedi, has noted that over recent years our use of the word risk has altered. Risk used to …
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