Enterprise Risk Management: A Common Framework for the Entire Organization discusses the many types of risks all businesses face. It reviews various categories of risk, including financial, cyber, health, safety and environmental, brand, supply chain, political, and strategic risks and many others. It provides a common framework and terminology for managing these risks to build an effective enterprise risk management system. This enables companies to prevent major risk events, detect them when they happen, and to respond quickly, appropriately, and resiliently. The book solves the problem of differing strategies, techniques, and terminology within an organization and between different risk specialties by presenting the core principles common to managing all types of risks, while also showing how these principles apply to physical, financial, brand, and global strategy risks. Enterprise Risk Management is ideal for executives and managers across the entire organization, providing the comprehensive understanding they need, in everyday language, to successfully navigate, manage, and mitigate the complex risks they face in today’s global market. Provides a framework on which to build an enterprise-wide system to manage risk and potential losses in business settings Solves the problem of differing strategies, techniques, and terminology within an organization by presenting the core principles common to managing all types of risks Offers principles which apply to physical, financial, brand, and global strategy risks Presents useful, building block information in everyday language for both managers and risk practitioners across the entire organization
Chapter by chapter, this book: Discusses the history of risk management and more recently developed enterprise risk management practices, and how you can prudently implement these techniques within the context of your underlying business ...
In this book, Mr. Lam explains how an over-reliance on quantitative risk measurement has directly contributed to some of the high-profile risk management failures of recent years.
This book is highly accessible to a wide range of professionals, from technical personnel to senior executives to board members.
JWBK531-c03 JWBK531-Chapman November 8, 2011 11:17 Printer: Yet to come 50 Simple Tools and Techniques for Enterprise Risk Management • In November 2000, Kozlowski and Swartz engineered a cash bonus, Tyco stock and forgiveness of ...
Now, this companion volume, Implementing Enterprise Risk Management, goes a step further toward filling the void in the ERM literature. Implementing Enterprise Risk Management also works well as a stand-alone volume.
Showing readers in charge of monitoring operational exposures in corporations, nonprofit organizations, and government agencies how they can best determine and balance opportunities against the possibilities of loss, this book provides ...
This book is a concise tool for Chief Risk Officers, ERM process leaders or anyone in a leadership position who is interested in managing risk.ERM leaders know that Enterprise Risk Management is a formidable job.
Introduction : challenges in implementing ERM in the public sector / Kenneth C. Fletcher and Thomas H. Stanton -- Change management and developing organization risk culture : Transportation Security Administration (TSA) case study / Kenneth ...
Packed with practical exercises and fresh case studies from organizations such as IBM, Microsoft, Apple, JPMorgan Chase,and Sony-as well as new material on topics including the new role of Risk Owner, cutting-edge collaboration methods, and ...
This textbook demonstrates how Enterprise Risk Management creates value in strategic- and decision-making-processes.