by Carl S. Spetzler
In this publication [$], Dr. Carl Spetzler presents the first effort to assess and deploy a risk policy for a major corporation, which included working with the corporation’s leadership team to specify the precise risk attitude that they thought the company should adopt. Dr. Spetzler then works through the process of accounting for individual differences while developing a single and consistent corporate approach to risk management.
Published September 1968 in IEEE Transactions on Systems Science and Cybernetics, a journal that has since ceased publication. The abstract is free and the paper is available for purchase from this link.