The manual is a must-have resource for government officials, executive management, and department managers who hold a leadership position in their organization. State and Local Government Series: Risk Management and Leadership, focuses on practical management, specifically, the management of risks in the public sector. It provides risk managers and leaders with guidance in implementing the foremost concepts and best practices in the field of risk management today. Since the purpose of this book is to translate ideas into action, each chapter follows a standardized structure. • First, readers will be introduced to concepts and principles that are essential to understanding the particular subject in hand. • Second, these concepts and principles will be demonstrated in the context of a public sector illustration or case. • Third, each chapter will conclude with a suitable presentation and commentary enabling readers to extend their understanding of the chapter’s main themes, in other words, to "learn more about it." The manual comprises three parts. Part 1, Establishing Context, covers the principles of risk, the history and current context of risk management, and the public sector environment. Part 2, Assessing and Analyzing Risk, looks at the fundamental tool of risk management – risk assessment – and at risk on the global, strategic, and operational levels. The concept of the Risk Leader is discussed in depth in Part 2. In Part 3, Risk Treatment, the mechanisms and methodologies for managing risk are examined. The eBook versions of this title feature links to Lexis Advance for further legal research options.