A fully revised second edition focused on the best practices of enterprise risk management Since the first edition of Enterprise Risk Management: From Incentives to Controls was published a decade ago, much has changed in the worlds of business and finance. That's why James Lam has returned with a new edition of this essential guide. Written to reflect today's dynamic market conditions, the Second Edition of Enterprise Risk Management: From Incentives to Controls clearly puts this discipline in perspective. Engaging and informative, it skillfully examines both the art as well as the science of effective enterprise risk management practices. Along the way, it addresses the key concepts, processes, and tools underlying risk management, and lays out clear strategies to manage what is often a highly complex issue. Offers in-depth insights, practical advice, and real-world case studies that explore the various aspects of ERM Based on risk management expert James Lam's thirty years of experience in this field Discusses how a company should strive for balance between risk and return Failure to properly manage risk continues to plague corporations around the world. Don't let it hurt your 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 ...
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 ...
This book is highly accessible to a wide range of professionals, from technical personnel to senior executives to board members.
I highly recommend this book to anyone who is engaged in ERM oversight and implementation.” —Paymon Aliabadi, Executive Vice President and Chief Risk Officer, Exelon Corporation
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.
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 ...