Journal article

Organizing Risk: Discourse, Power And Riskification

C Hardy, S Maguire

Academy of Management Review | Academy of Management | Published : 2016


Drawing on the work of Foucault, we develop an integrated framework for understanding how risk is organized in three different modes: prospectively, in real time, and retrospectively. We show how these modes are situated in a dominant discourse of risk that leads organizations to normalize risk in particular ways by privileging certain forms of knowledge and authorizing certain risk identities over others. In addition to identifying the common way risk is organized in each mode and showing how it is held in place by the dominant discourse, we propose alternative ways to organize risk that resist this dominant discourse, and we explain why they are difficult to enact. We then extend our analy..

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University of Melbourne Researchers


Awarded by Australian Research Council

Awarded by Social Sciences & Humanities Research Council of Canada

Funding Acknowledgements

We thank the editor and the three anonymous reviewers for their encouragement as we developed this paper. We also acknowledge funding support from the Australian Research Council (DP110101764) and the Social Sciences & Humanities Research Council of Canada (435-2014-0256).