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date: 20 February 2020

Abstract and Keywords

Risk remains a puzzling concept. It is transdisciplinary in scope and multi-levelled in application. It emerged from practice, became theoretical, and has become practical again. Today it is a concept with unprecedented reach and organizing power, and for this reason is a source of fascination to social theorists and organization scholars alike. This chapter outlines a series of intersections between risk, social theory, and analyses of organization practice which share a common critique of risk individualism. These intersections suggest that risk is hybrid and multi-logic in nature. Specifically, at least three risk logics are entangled in practice, namely: anticipation (knowledge), resilience (ignorance), and auditability (blame). The chapter concludes by suggesting a dynamic theory of risk management practice as the contingent and changing mix of these three logics.

Keywords: risk, risk management, social theory, organizations, knowledge, ignorance, blame

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