Abstract
Service processes rely on the well-being of employees to ensure proper value
creation. The paper posits that the link between well-being and value creation can be studied from a risk management perspective (i.e. ill-being and value destruction). Using an exploratory approach, it surveys the Geneva wealth management service sector, which is in crisis. Based on this fieldwork we developed a model where human risks lead to ill-being and value destruction including a “human risk–value destruction loop”.
creation. The paper posits that the link between well-being and value creation can be studied from a risk management perspective (i.e. ill-being and value destruction). Using an exploratory approach, it surveys the Geneva wealth management service sector, which is in crisis. Based on this fieldwork we developed a model where human risks lead to ill-being and value destruction including a “human risk–value destruction loop”.
Original language | English |
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Pages (from-to) | 17-45 |
Number of pages | 31 |
Journal | European Review of Service Economics and Management |
Volume | 1 |
Issue number | 3 |
DOIs | |
Publication status | Published - 2017 |