(Robert W. Kolb Series) 2nd Edition
by John R. S. Fraser (Editor), Rob Quail (Editor), Betty Simkins (Editor)
Unlock the incredible potential of enterprise risk management
There has been much evolution in terms of ERM best practices, experience, and standards and regulation over the past decade. Enterprise Risk Management: Today’s Leading Research and Best Practices for Tomorrow’s Executives, Second Edition is the
revised and updated essential guide to the now immensely popular topic
of enterprise risk management (ERM). With contributions from leading
academics and practitioners, this book offers insights into what
practitioners are doing and what the future holds. You’ll discover how
you can implement best practices, improve ERM tools and techniques, and
even learn to teach ERM. Retaining the holistic approach to ERM that
made the first edition such a success, this new edition adds coverage of
new topics including cybersecurity risk, ERM in
government, foreign exchange risk, risk appetite, innovation
risk, outsourcing risk, scenario planning, climate change risk, and
much more. In addition, the new edition includes important updates and
enhancements to topics covered in the first edition; so much of it has
been revised and enhanced that it is essentially an entirely new book.
Enterprise Risk Management introduces
you to the concepts and techniques that allow you to identify risks and
prioritize the appropriate responses. This invaluable guide offers a
broad overview, covering key issues while focusing on the principles
that drive effective decision making and determine business success.
This comprehensive resource also provides a thorough introduction
to ERM as it relates to credit, market, and operational risk, as well as
the evolving requirements of the board of directors’ role in overseeing
ERM.
Through the comprehensive chapters and leading research and best practices covered, this book:
- Provides
a holistic overview of key topics in ERM, including the role of the
chief risk officer, development and use of key risk
indicators and the risk-based allocation of resources
- Contains
second-edition updates covering additional material related to teaching
ERM, risk frameworks, risk culture, credit and market risk, risk
workshops and risk profiles and much more. Over 90% of the content from
the first edition has been revised or enhanced
- Reveals how you can prudently apply ERM best practices within the context of your underlying business activities
Filled with helpful examples, tables, and illustrations, Enterprise Risk Management, Second Edition offers
a wealth of knowledge on the drivers, the techniques, the benefits, as
well as the pitfalls to avoid, in successfully implementing ERM.