People Risk Management A Practical Approach to Managing the Human Factors That Could Harm Your Business

People Risk Management by McConnell and Blacker is a book that has been sorely needed for some time. For too long risk practitioners, as a whole, have underplayed the role that people risk can have in an organisation. Given that the major events of the global financial crisis of 2007-2009 were a result of people, both in senior and junior positions, making poor decisions for a variety of reasons, it is time that people risk is given much more prominence. And it's not just a matter of risk culture, as McConnell and Blacker successfully argue. More attention needs to be paid to making a more robust decision making process, especially at senior levels. For the practitioner, this book offers more than an overview of the risk and some case studies; a framework for managing people risk, and proposals for increasing the quality of people risk management from the Boardroom to the individual worker make a valuable resource. This is a book that I wish I'd written.
Frank Ashe, Macquarie University

Among the many carefully reasoned observations in the wide field of risk management and its focus on People Risk, this book highlights the important roles of Human Resources which extend beyond its established domains of recruitment, selection, training, development and rewarding. The authors' detailed analyses persuasively render indispensable the wider remit of HR. The book, however, goes beyond HR. It prompts the governance functions into ensuring that people risks are included in every assignment they undertake, it argues that senior management are at the front line of promoting personal responsibility and managing people risk and it tells the board that people risks, not only need managing in the organisation, but they also need managing in the boardroom.
Bill Weinstein, Emeritus Professor of International Business, Henley Business School

An expertly written book, it takes you to the heart of the risk problem - people. The best systems, the most up to date software, the most meticulous risk mitigation plan, all can be circumvented by human ingenuity. Via case studies and analytical framing the authors review, analyse and most usefully prescribe how people risk can be minimized but never eliminated. People Risk is not a HR function but a holistic framework of thinking and this book exposes you to it.
Brian Lucey, Professor of Finance, Trinity College Dublin

It has long been appreciated that effective human resource management systems are an essential part of organisational success, however it is much less well understood that people can still bring down even the most successful organisations. Scratch beneath the surface and even apparently well run organisations can be found to have significant people risk exposures - often because they lack the necessary knowledge and expertise to manage this complex and diverse area of risk. Blacker and McConnell, two of the leading lights in people risk management, have delivered a must-read text for all senior managers and board members in organisations - combining practical insights with strong academic foundations. The book is also an important addition to the book shelves of students and academics with an interest in the human aspects of risk management.
Simon Ashby, Associate Professor at Plymouth University, and Chairman, Institute of Operational Risk