"Manage Your Risk or Risk Your Management".

• Author: Greifer, Nicholas

Borgsdorf, Del and Pliszka, Dan

Public Management, December 1999, PP. 6-10.

This article focus on the differences and similarities between the duties of general managers and risk managers. City and county managers and mid-level managers must focus on managing programs that serve the general public and handling "speculative risk" that comes when starting new programs, like Internet-based permitting. Such risk has an upside and downside to the government. In contrast, risk managers must handle "pure risk" that involves only downside risks. The authors note that city and county managers must incorporate risk management...