Managing Risk and Performance: A Guide for Government Decision Makers
by Thomas Stanton, Douglas W. Webster
About the Editors
Thomas H. Stanton teaches at Johns Hopkins University. He is president-elect of the Association of Federal Enterprise Risk Management (AFERM) and a fellow and former board member of the National Academy of Public Administration. Mr. Stanton is a former member of the Federal Senior Executive Service. He holds degrees from the University of California at Davis, Yale University, and Harvard Law School.
Mr. Stanton has written several books. Concerns he expressed in A State of Risk: Will Government Sponsored Enterprises Be the Next Financial Crisis? (HarperCollins, 1991) helped lead to the creation of a new financial regulator. The book also first presented (at p. 182) the idea of contingent capital that is now being applied to major financial institutions internationally to help mitigate financial risk.
Mr. Stanton edited Meeting the Challenge of 9/11: Blueprints for Effective Government (M. E. Sharpe, 2006) and Making Government Manageable (coedited with Benjamin Ginsberg; Johns Hopkins University Press, 2004). His book Why Some Firms Thrive While Others Fail: Governance and Management Lessons from the Crisis (Oxford University Press, 2012) explores differences in management and risk management between firms that successfully navigated the financial crisis and those that failed.
Douglas W. Webster is founder and president of the Cambio Consulting Group, cofounder and past president of the Association of Federal Enterprise Risk Management (AFERM), and a fellow of ...
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