Risk management pervasiveness and organisational maturity: a critical review Online publication date: Sat, 27-Sep-2014
by Craig Mauelshagen; Sophie Rocks; Simon Pollard; David Denyer
International Journal of Business Continuity and Risk Management (IJBCRM), Vol. 2, No. 4, 2011
Abstract: Implementing risk management remains a significant challenge for many organisations. In order to help address this issue, risk management maturity models have become an important tool for improving and assessing organisational risk capability. In this paper, we present a critical review of the existing literature on risk management maturity models. Drawing on existing theory, we challenge current conceptions of organisational culture and reveal assumptions that are commonly implied but rarely acknowledged. We offer a new conception of organisational risk management maturity that takes into consideration both the extent to which risk behaviour is coordinated across the whole organisation and the depth to which risk management is embedded in its' culture. Our aim in producing a theoretically informed conceptualisation of risk maturity is to help provide explanation, synthesis and cohesion in a fragmented field and to help make risk maturity research more relevant and valuable to risk practitioners.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Business Continuity and Risk Management (IJBCRM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook