Essential insights on the various aspects of enterprise risk management If you want to understand enterprise risk management from some of the leading academics and practitioners of this exciting new methodology, Enterprise Risk Management is the book for you. Through in-depth insights into what practitioners of this evolving business practice are actually doing as well as anticipating what needs to be taught on the topic, John Fraser and Betty Simkins have sought out the leading experts in this field to clearly explain what enterprise risk management is and how you can teach, learn, and implement these leading practices within the context of your business activities. In this book, the authors take a broad view of ERM, or what is called a holistic approach to ERM. Enterprise Risk Management introduces you to the wide range of concepts and techniques for managing risk in a holistic way that correctly identifies risks and prioritizes the appropriate responses. This invaluable guide offers a broad overview of the different types of techniques: the role of the board, risk tolerances, risk profiles, risk workshops, and allocation of resources, while focusing on the principles that determine business success. This comprehensive resource also provides a thorough introduction to enterprise risk management as it relates to credit, market, and operational risk, as well as the evolving requirements of the rating agencies and their importance to the overall risk management in a corporate setting. Filled with helpful tables and charts, Enterprise Risk Management offers a wealth of knowledge on the drivers, the techniques, the benefits, as well as the pitfalls to avoid, in successfully implementing enterprise risk management. 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 activities Provides coverage of topics such as the role of the chief risk officer, the use of anonymous voting technology, and risk indicators and their role in risk management Explores the culture and practices of enterprise risk management without getting bogged down by the mathematics surrounding the more conventional approaches to financial risk management This informative guide will help you unlock the incredible potential of enterprise risk management, which has been described as a proxy for good management.
Gramling, A.A., Myers, P.M. (2006), op cit. 15. Carnaghan, C. (2006). Business process modeling approaches in the context of process level audit risk assessment: An analysis and comparison, International Journal of Accounting ...
This textbook demonstrates how Enterprise Risk Management creates value in strategic- and decision-making-processes.
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.
This accessible book, aimed at the implementers and practitioners of ERM, provides a highly structured approach so you can easily implement processes in your own organization.
Keep this versatile book at your fingertips for everyday guidance on: Overcoming common execution issues and cultural barriers to proficiently implement a sophisticated ERM program Using an exclusive customized model of tiered defenses to ...
Specifically designed to help government risk managers, with concepts and approaches to help them advance risk management beyond the basics, the book: Provides a balanced mix of concepts, instruction and examples; Addresses topics that go ...
The book is primarily intended for risk professionals, researchers and graduate students in the fields of engineering and business, and should also be of interest to executive managers and policy makers with some background in quantitative ...
Business Continuity Management: How to Prepare for the Worst Hiles, Andrew. The Definitive Handbook of Business Continuity Management. 2nd ed. Chichester, Hiles, Andrew N. Enterprise Risk Assessment and Business Impact Analysis: Best ...
ERM - Enterprise Risk Management: Issues and Cases provides practical answers to these questions. This book contains interviews with senior risk management professionals from organizations that are in various stages of ERM implementation.