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Article: Public, private work similar but different. (risk management in public and private sectors)
- Article from:
- Business Insurance
- Article date:
- May 25, 1998
- Author:
CopyrightCOPYRIGHT 1998 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Are there any truly significant differences between risk management in the public and private sectors?
Most students and practitioners of public administration adamantly answer "Yes," asserting that managing a city, a county or a park district, for example, is much different than running a for-profit business. These general administrative differences, they contend, lead to concrete, practical differences in risk management between private- and public-sector entities.
Some who do not agree argue that there are likely to be more risk management differences between two organizations in either the private or the public sector - for example, more differences ...