Effective risk governance for environmental policy making: A knowledge management perspective |
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Affiliation: | 1. John Molson School of Business, Concordia University and ICN Business School, 1455 De Maisonneuve Blvd West, Montreal, Canada;2. ICN Business School, CEREFIGE, 13 rue Michel Ney, 54000 Nancy, France;1. Ph.D. student, Department of Economics, Chinese University of Hong Kong China;2. Liberal arts chair professor, China Center for Economic Research and National School of Development, Peking University China;3. Associate professor, China Center for Economic Research and National School of Development, Peking University China |
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Abstract: | Effective risk management within environmental policy making requires knowledge on natural, economic and social systems to be integrated; knowledge characterised by complexity, uncertainty and ambiguity. We describe a case study in a (UK) central government department exploring how risk governance supports and hinders this challenging integration of knowledge. Forty-five semi-structured interviews were completed over a two year period. We found that lateral knowledge transfer between teams working on different policy areas was widely viewed as a key source of knowledge. However, the process of lateral knowledge transfer was predominantly informal and unsupported by risk governance structures. We argue this made decision quality vulnerable to a loss of knowledge through staff turnover, and time and resource pressures. Our conclusion is that the predominant form of risk governance framework, with its focus on centralised decision-making and vertical knowledge transfer is insufficient to support risk-based, environmental policy making. We discuss how risk governance can better support environmental policy makers through systematic knowledge management practices. |
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Keywords: | Environmental policy Risk Enterprise risk management Knowledge management |
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