Risk Management - In the Insurance Market's Slipstream

The focus of this chapter is consequences for community development generallybecause of requirements and expectations placed on community organizations formanaging risk. My perspective is informed and shaped by relevant historical events anddata collected through survey research reporting experiences of members of communityorganizations in South Australia. Using the interpretive filters of two images, that of aslipstream and of imaginations expressed in two cultures, this chapter explores theargument that undertaking risk management without balance and attention to core valuesand principles places community organizations increasingly in the market's slipstream.This is argued to be due to the tentacles of risk management, insurance to the businessworld, and risk management's prominence because of market failure.