Risk is inherent in business. Without risk, there would be no motivation to conduct business. But a key principle is that organizations should accept risks that they are competent enough to deal with, and “outsource” other risks to those who are more competent to deal with them (such as insurance companies). Enterprise Risk Management (2nd Edition) approaches enterprise risk management from the perspectives of accounting, supply chains, and disaster management, in addition to the core perspective of finance. While the first edition included the perspective of information systems, the second edition views this as part of supply chain management or else focused on technological specifics. It discusses analytical tools available to assess risk, such as balanced scorecards, risk matrices, multiple criteria analysis, simulation, data envelopment analysis, and financial risk measures.
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 ...
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.
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 ...
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.
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 ...
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 ...
Written by Dr. Karen Hardy, one of the leading ERM practitioners in the Federal government, the book features a no-nonsense approach to establishing and sustaining a formalized risk management approach, aligned with the ISO 31000 risk ...
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 book is highly accessible to a wide range of professionals, from technical personnel to senior executives to board members.
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.