Litrature Review Essay Example | Topics and Well Written Essays - 500 words

Litrature Review - Essay ExampleThe question is How can these concepts be squarely applied in risk assessment Hiring qualified people, just like what Machiavelli opined, is among the practical skills generally associated with good leadership. As corroborated by Grint (1997), an effective leader invariably chooses competent associates and subordinates who can give straightforward and well thought- verboten recommendations in retort to specific problems to carry out any undertaking regardless of their interests. This is where the significance of risk managers is realized and appreciated.Evidently, leadership and risk assessment have an overt interplay which produces desirable results especially when applied in cases wherein business call is crucial to a companys victor. As a result, the essence of risk assessment in the overall success of an organization is not only valued but also highlighted. According to Slywotzky, A. and Drzik, J. (1995), effective leaders imbued with cognition in risk management are needed so that failure can be foreseen, avoided, or addressed. As pointed out by leadership theorists, not all individuals can become ideal or effective leaders. As such, certain traits have been identified to find out who can carry out specific tasks in relation to risk assessment and risk management as a on the whole (Slywotzky, A. and Drzik, J. 1995).Th