Synopses & Reviews
Synopsis
Using examples from companies such as Home Depot, Airbus, Boeing, and Nokia, Fundamentals of Enterprise Risk Management takes a fresh look at one of the hottest topics in business today. 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 clear strategies to help readers: - recognize both internal and external exposures - understand important concepts such as risk mapping and risk identification - recognize the weaknesses of current ERM systems - align risk opportunities with their organization's business model - stay in line with Sarbanes-Oxley compliance The book introduces innovative new concepts such as hierarchical risk structures, alignment of risks with the business model, creation of a central risk function, and the role of an ERM knowledge warehouse. Featuring enlightening case studies and practical exercises, this essential book shows readers how they can implement ERM the right way at their organizations.
Synopsis
Taking on risk is simply a part of business. But new developments in technology and communication make risk management simpler and more effective than ever before. Using examples from companies such as Home Depot, Airbus, Boeing, and Nokia, author John Hampton takes a fresh look at one of the hottest topics in business today: weighing business opportunities against the possibilities of loss. Fundamentals of Enterprise Risk Management does this by introducing innovative new concepts such as hierarchical risk structures, alignment of risks with the business model, creation of a central risk function, and the role of an ERM knowledge warehouse. Readers will learn how to recognize both internal and external exposures; understand important concepts such as risk mapping and risk identification; recognize the weaknesses of current ERM systems; align risk opportunities with their organization's business model; and stay in line with Sarbanes-Oxley compliance. Featuring enlightening case studies and practical exercises, this essential book shows readers how they can implement ERM the right way to experience unapparelled successes at their organizations.
Synopsis
For anyone in charge of monitoring operational exposures in corporations, nonprofit organizations, and government agencies this essential book explains how to best determine and balance opportunities against the possibilities of loss.
Synopsis
This one-stop guide provides you with the tools and information you need to keep their twenty-first-century organizations as blissfully risk-free as possible.
Risk in business cannot be avoided--but that doesn't mean there isn't a better way to work through it. The problem is that most risk management strategies, books, and experts are based on outdated concepts, technologies, and markets. Since the 2008 financial crisis that set the baseline for the roller-coaster market we deal with today, combined with the constantly changing developments in technology and communications, modern-day risk management demands dealing with up-to-the-minute approaches for defending against threats.
Extensively updated, the second edition of Fundamentals of Enterprise Risk Management examines the latest technologies such as Riskonnect and High Tech Electronic Platform (HTEP), and helps you:
- recognize both internal and external exposures,
- understand crucial concepts such as risk mapping and risk identification,
- and align risk opportunities with their organization's business model.
Packed with practical exercises and fresh case studies from organizations such as IBM, Microsoft, Apple, JPMorgan Chase, and Sony, this invaluable resource is key to assessing company risk, managing exposure, and seizing opportunities.