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Unstable Risk Management Systems

The Evolution of an ''Intelligent Building'' in Singapore

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  • 292 pages
  • 11 hours of reading

More about the book

The book explores the management of risks in complex socio-technical systems, identifying four organizational states: high reliability, normal accidents, low reliability, and Murphy's law. It emphasizes the roles of negentropy and redundancy in fostering organizational stability, while highlighting that such stability relies on minimizing environmental disturbances. The research suggests that when faced with systemic overload, resilience becomes crucial for effective decision-making, especially in non-rational scenarios where feedback loops and environmental fit are critical.

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Unstable Risk Management Systems, Kevin Foster

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Released
2010
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