ABSTRACT
This chapter provides an insightful overview of risk management approaches in five diverse industries: Automotive, Construction, Department of Energy (DOE), Process Industry, and Space and Defense. Each sector has unique domains, risk landscapes, and strategies and techniques to address risk and uncertainty, offering valuable lessons and practices for effective risk management across various sectors.
The chapter commences by highlighting the importance of risk management as a crucial aspect of organizational resilience and success. It emphasizes that factors such as technological complexity, regulatory compliance, and supply chain intricacies shape each industry’s risk profile.
