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The Biopolitics of Transformation to ERM Technologies: A Case From Egypt

Research Authors
Abdelmoneim Bahyeldin Mohamed Metwally
Research Date
Research Department
Research Journal
International Journal of Customer Relationship Marketing and Management
Research Publisher
IGI Global
Research Vol
12(4)
Research Website
https://www.igi-global.com/article/the-biopolitics-of-transformation-to-erm-technologies/287764
Research Year
2021
Research_Pages
31-45
Research Abstract

How risk management technologies are implemented in developing countries is largely underresearched.
Using a perspective on bio-politics, this paper dissects how an infusion of risk management
technologies permeates as a powerful managerial tool in governing subordinates. The notions of
power/knowledge relations, disciplinary power, and governmentality enabled the authors to rehearse
the Foucault’s biopolitics perspective in an analysis of risk-based rationalities and risk management
technologies. Qualitative case study research methods guided them to gather empirical evidence from a
privately owned, Egyptian insurance firm. They found that risk management technologies are conjoined
with institutional and discursive ramifications in a developing country where burgeoning neoliberal
economic remedies are being diffused and adopted. Further, risk management technologies go hand
in hand with this ensuing neoliberal agenda, making it inescapable for organisational managers in
such a developing country to adopt these technologies for their survival and sustainability.