Findings on Risk Management Reported by Researchers at Arizona State University (Toward General Principles for Resilience Engineering)

Insurance Daily News

2020 MAY 22 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- A new study on Risk Management is now available. According to news reporting from Tempe, Arizona, by NewsRx journalists, research stated, “Maintaining the performance of infrastructure-dependent systems in the face of surprises and unknowable risks is a grand challenge. Addressing this issue requires a better understanding of enabling conditions or principles that promote system resilience in a universal way.”

The news correspondents obtained a quote from the research from Arizona State University, “In this study, a set of such principles is interpreted as a group of interrelated conditions or organizational qualities that, taken together, engender system resilience. The field of resilience engineering identifies basic system or organizational qualities (e.g., abilities for learning) that are associated with enhanced general resilience and has packaged them into a set of principles that should be fostered. However, supporting conditions that give rise to such first-order system qualities remain elusive in the field. An integrative understanding of how such conditions co-occur and fit together to bring about resilience, therefore, has been less clear. This article contributes to addressing this gap by identifying a potentially more comprehensive set of principles for building general resilience in infrastructure-dependent systems. In approaching this aim, we organize scattered notions from across the literature. To reflect the partly self-organizing nature of infrastructure-dependent systems, we compare and synthesize two lines of research on resilience: resilience engineering and social-ecological system resilience. Although some of the principles discussed within the two fields overlap, there are some nuanced differences. By comparing and synthesizing the knowledge developed in them, we recommend an updated set of resilience-enhancing principles for infrastructure-dependent systems.”

According to the news reporters, the research concluded: “In addition to proposing an expanded list of principles, we illustrate how these principles can co-occur and their interdependencies.”

For more information on this research see: Toward General Principles for Resilience Engineering. Risk Analysis, 2020;():. Risk Analysis can be contacted at: Blackwell Publishing Inc, 350 Main St, Malden, MA 02148, USA. (Wiley-Blackwell - http://www.wiley.com/; Risk Analysis - http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1539-6924)

Our news journalists report that additional information may be obtained by contacting M.L. Schoon, School of Sustainability, Arizona State University, Tempe, AZ, United States. Additional authors for this research include D.J. Yu, J.K. Hawes, S. Lee, J. Park, P.SC. Rao, L.K. Siebeneck and S.V Ukkusuri.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1111/risa.13494. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.