Enterprise Risk Management

Enterprise Risk Management PDF
Author: Philip E. J. Green
Publisher: Butterworth-Heinemann
ISBN: 0128006765
Size: 58.70 MB
Format: PDF, Mobi
Category : Business & Economics
Languages : un
Pages : 260
View: 3380

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Enterprise Risk Management: A Common Framework for the Entire Organization discusses the many types of risks all businesses face. It reviews various categories of risk, including financial, cyber, health, safety and environmental, brand, supply chain, political, and strategic risks and many others. It provides a common framework and terminology for managing these risks to build an effective enterprise risk management system. This enables companies to prevent major risk events, detect them when they happen, and to respond quickly, appropriately, and resiliently. 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 these principles apply to physical, financial, brand, and global strategy risks. Enterprise Risk Management is ideal for executives and managers across the entire organization, providing the comprehensive understanding they need, in everyday language, to successfully navigate, manage, and mitigate the complex risks they face in today’s global market. Provides a framework on which to build an enterprise-wide system to manage risk and potential losses in business settings Solves the problem of differing strategies, techniques, and terminology within an organization by presenting the core principles common to managing all types of risks Offers principles which apply to physical, financial, brand, and global strategy risks Presents useful, building block information in everyday language for both managers and risk practitioners across the entire organization

Fundamentals Of Enterprise Risk Management

Fundamentals of Enterprise Risk Management PDF
Author: John Hampton
Publisher: AMACOM
ISBN: 0814449042
Size: 49.75 MB
Format: PDF, ePub, Mobi
Category : Business & Economics
Languages : un
Pages : 320
View: 4141

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One thing that will never change about the business world is the presence of risk. But risk management has changed dramatically since the 2008 financial crisis. . .and new developments in technology and communications demand up-to-the-minute approaches for defending against threats-and seizing opportunities. 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 readers 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-as well as new material on topics including the new role of Risk Owner, cutting-edge collaboration methods, and the upside of risk-this critical guide provides readers with the tools and information they need to keep their organizations as blissfully risk-free as possible.

Enterprise Risk Management

Enterprise Risk Management PDF
Author: Karen Hardy
Publisher: John Wiley & Sons
ISBN: 1118911024
Size: 22.83 MB
Format: PDF, Kindle
Category : Business & Economics
Languages : un
Pages : 336
View: 5128

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Winner of the 2017 Most Promising New Textbook Award by Textbook & Academic Authors Association (TAA)! Practical guide to implementing Enterprise Risk Management processes and procedures in government organizations Enterprise Risk Management: A Guide for Government Professionals is a practical guide to all aspects of risk management in government organizations at the federal, state, and local levels. 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 management framework. International Organization for Standardization guidelines are explored and clarified, and case studies illustrate their real-world application and implementation in US government agencies. Tools, including a sample 90-day action plan, sample risk management policy, and a comprehensive implementation checklist allow readers to immediately begin applying the information presented. The book also includes results of Hardy's ERM Core Competency Survey for the Public Sector; which offers an original in-depth analysis of the Core Competency Skills recommended by federal, state and local government risk professionals. It also provides a side-by-side comparison of how federal government risk professionals view ERM versus their state and local government counterparts. Enterprise Risk Management provides actionable guidance toward creating a solid risk management plan for agencies at any risk level. The book begins with a basic overview of risk management, and then delves into government-specific topics including: U.S. Federal Government Policy on Risk Management Federal Manager's Financial Integrity Act GAO Standards for internal control Government Performance Results Modernization Act The book also provides a comparative analysis of ERM frameworks and standards, and applies rank-specific advice to employees including Budget Analysts, Program Analysts, Management Analysts, and more. The demand for effective risk management specialists is growing as quickly as the risk potential. Government employees looking to implement a formalized risk management approach or in need of increasing their general understanding of this subject matter will find Enterprise Risk Management a strategically advantageous starting point.

Enterprise Risk Management

Enterprise Risk Management PDF
Author: Gabriel Frahm
Publisher: Springer Gabler
ISBN: 9783658312831
Size: 38.59 MB
Format: PDF, Kindle
Category : Business & Economics
Languages : un
Pages : 170
View: 6770

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Das Buch stellt Methoden zur Messung von Unternehmensrisiken sowie die Grundlagen einer wertorientierten Unternehmenssteuerung aus der Sicht des Risikomanagements vor. Eine kapitelweise Lernkontrolle ermöglicht den Lernerfolg. Anhand von Fallstudien wird die Praxisrelevanz eines holistischem Enterprise Risk Managements veranschaulicht.

Enterprise Risk Management

Enterprise Risk Management PDF
Author: John Fraser
Publisher: John Wiley & Sons
ISBN: 0470499087
Size: 27.75 MB
Format: PDF, ePub
Category : Business & Economics
Languages : un
Pages : 608
View: 6185

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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.

Enterprise Risk Management

Enterprise Risk Management PDF
Author: James Lam
Publisher: John Wiley & Sons
ISBN: 111841361X
Size: 73.89 MB
Format: PDF, ePub, Mobi
Category : Business & Economics
Languages : un
Pages : 496
View: 2527

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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. Pick up the Second Edition of Enterprise Risk Management: From Incentives to Controls and learn how to meet the enterprise-wide risk management challenge head on, and succeed.

Corporate Value Of Enterprise Risk Management

Corporate Value of Enterprise Risk Management PDF
Author: Sim Segal
Publisher: John Wiley & Sons
ISBN: 9781118023303
Size: 40.15 MB
Format: PDF
Category : Business & Economics
Languages : un
Pages : 432
View: 6620

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The ultimate guide to maximizing shareholder value through ERM The first book to introduce an emerging approach synthesizing ERM and value-based management, Corporate Value of Enterprise Risk Management clarifies ERM as a strategic business management approach that enhances strategic planning and other decision-making processes. A hot topic in the wake of a series of corporate scandals as well as the financial crisis Looks at ERM as a way to deliver on the promise of balancing risk and return A practical guide for corporate Chief Risk Officers (CROs) and other business professionals seeking to successfully implement ERM ERM is here to stay. Sharing his unique insights and experiences as a recognized global thought leader in this field, author Sim Segal offers world-class guidance on how your business can successfully implement ERM to protect and increase shareholder value.

Coso Enterprise Risk Management

COSO Enterprise Risk Management PDF
Author: Robert R. Moeller
Publisher: John Wiley & Sons
ISBN: 047091288X
Size: 44.16 MB
Format: PDF
Category : Business & Economics
Languages : un
Pages : 384
View: 7404

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A fully updated, step-by-step guide for implementing COSO's Enterprise Risk Management COSO Enterprise Risk Management, Second Edition clearly enables organizations of all types and sizes to understand and better manage their risk environments and make better decisions through use of the COSO ERM framework. The Second Edition discusses the latest trends and pronouncements that have affected COSO ERM and explores new topics, including the PCAOB's release of AS5; ISACA's recently revised CobiT; and the recently released IIA Standards. Offers you expert advice on how to carry out internal control responsibilities more efficiently Updates you on the ins and outs of the COSO Report and its emergence as the new platform for understanding all aspects of risk in today's organization Shows you how an effective risk management program, following COSO ERM, can help your organization to better comply with the Sarbanes-Oxley Act Knowledgeably explains how to implement an effective ERM program Preparing professionals develop and follow an effective risk culture, COSO Enterprise Risk Management, Second Edition is the fully revised, invaluable working resource that will show you how to identify risks, avoid pitfalls within your corporation, and keep it moving ahead of the competition.

Das Coso Enterprise Risk Management Coso Erm Und Sein Vorg Nger Das Coso Internal Control Integrated Framework

Das COSO Enterprise Risk Management  COSO ERM  und sein Vorg  nger  das COSO Internal Control Integrated Framework PDF
Author: Johannes Voigt
Publisher: GRIN Verlag
ISBN: 3656743444
Size: 40.31 MB
Format: PDF, Docs
Category : Business & Economics
Languages : un
Pages : 24
View: 1359

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Akademische Arbeit aus dem Jahr 2006 im Fachbereich BWL - Unternehmensführung, Management, Organisation, Note: 1,3, , Sprache: Deutsch, Abstract: Das Committee of the Sponsoring Organizations of the Treadeway Comission (COSO) ist eine 1985 gegründete, gemeinsame Initiative privatwirtschaftlicher amerikanischer Wirtschaftsinstitute. Diese führten eine Studie bezüglich der Ursachen betrügerischer Finanzberichterstattung in den USA durch. Das Resultat brachte hervor, dass in den meisten Betrugsfällen das interne IKS entweder nicht umfassend genug war, oder durch das Management leicht umgangen werden konnte. Um dies in Zukunft zu verhindern, wurde mit dem 1992 erschienenen COSO Internal Control - Integrated Framework ein Rahmenwerk geschaffen, welches den Begriff des IKS einheitlich definiert und sowohl als Basis für ein adäquates IKS dient, sowie zur Verbesserung der Corporate Governance beitragen kann. Die Verwendung von COSO als Rahmenwerk für eine Verbesserung der Corporate Governance ist sinnvoll, da es zum einen die Anforderungen des SOA erfüllt, zum anderen aber auch bereits vor Erscheinen des SOA als ein geeignetes Rahmenwerk zur Verbesserung der Corporate Governance akzeptiert wurde.

Enterprise Risk Management Best Practices

Enterprise Risk Management Best Practices PDF
Author: Anne M. Marchetti
Publisher: John Wiley & Sons
ISBN: 0470917407
Size: 10.31 MB
Format: PDF, ePub, Mobi
Category : Business & Economics
Languages : un
Pages : 180
View: 2219

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High-level guidance for implementing enterprise risk managementin any organization A Practical Guide to Risk Management shows organizations how toimplement an effective ERM solution, starting with seniormanagement and risk and compliance professionals working togetherto categorize and assess risks throughout the enterprise. Detailedguidance is provided on the key risk categories, includingfinancial, operational, reputational, and strategic areas, alongwith practical tips on how to handle risks that overlap acrosscategories. Provides high-level guidance on how to implement enterpriserisk management across any organization Includes discussion of the latest trends and bestpractices Features the role of IT in ERM and the tools that are availablein both assessment and on-going compliance Discusses the key challenges that need to be overcome for asuccessful ERM initiative Walking readers through the creation of ERM architecture andsetting up on-going monitoring and assessement processes, this isan essential book for every CFO, controller and IT manager.

Simple Tools And Techniques For Enterprise Risk Management

Simple Tools and Techniques for Enterprise Risk Management PDF
Author: Robert J. Chapman
Publisher: John Wiley & Sons
ISBN: 1119989973
Size: 12.12 MB
Format: PDF, ePub, Docs
Category : Business & Economics
Languages : un
Pages : 680
View: 4818

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Your business reputation can take years to build—and mere minutes to destroy The range of business threats is evolving rapidly but your organization can thrive and gain a competitive advantage with your business vision for enterprise risk management. Trends affecting markets—events in the global financial markets, changing technologies, environmental priorities, dependency on intellectual property—all underline how important it is to keep up to speed on the latest financial risk management practices and procedures. This popular book on enterprise risk management has been expanded and updated to include new themes and current trends for today's risk practitioner. It features up-to-date materials on new threats, lessons from the recent financial crisis, and how businesses need to protect themselves in terms of business interruption, security, project and reputational risk management. Project risk management is now a mature discipline with an international standard for its implementation. This book reinforces that project risk management needs to be systematic, but also that it must be embedded to become part of an organization's DNA. This book promotes techniques that will help you implement a methodical and broad approach to risk management. The author is a well-known expert and boasts a wealth of experience in project and enterprise risk management Easy-to-navigate structure breaks down the risk management process into stages to aid implementation Examines the external influences that bring sources of business risk that are beyond your control Provides a handy chapter with tips for commissioning consultants for business risk management services It is a business imperative to have a clear vision for risk management. Simple Tools and Techniques for Enterprise Risk Management, Second Edition shows you the way.

Enterprise Risk Management

Enterprise Risk Management PDF
Author: Thorsten Wenke
Publisher: GRIN Verlag
ISBN: 3656229007
Size: 53.63 MB
Format: PDF, ePub
Category : Business & Economics
Languages : un
Pages : 97
View: 5633

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Masterarbeit aus dem Jahr 2012 im Fachbereich BWL - Unternehmensführung, Management, Organisation, Note: 1,3, Friedrich-Alexander-Universität Erlangen-Nürnberg (Rechts- und Wirtschaftswissenschaftlichen Fakultät ), Veranstaltung: Masterstudiengang Finance, Auditing, Controlling & Taxation, Sprache: Deutsch, Abstract: Das aktuell herrschende Wettbewerbsumfeld ist gekennzeichnet von zunehmender Dynamik und Komplexität. Dies ist insbesondere auf die immer weiter fortschreitende Globalisierung, den technologischen Wandel, wie auch die Internationalisierung der Finanzmärkte zurückzuführen. Im Zuge dieser Entwicklungen sahen sich Firmen mit bisweilen neuartigen Bedrohungen konfrontiert, die sich ihrem ursprünglichen Risikoverständnis entzogen. Infolgedessen stößt die Handlungsfähigkeit traditioneller Risikomanagementansätze an seine Grenzen, da Risiken entweder nicht erkannt oder aufgrund isolierter Betrachtung in ihrer Tragweite falsch eingeschätzt werden. Seit Mitte der 90er Jahre erfährt ein ganzheitliches Risikomanagementkonzept Beachtung, das diesem komplexer gewordenen Risikoumfeld Rechnung tragen soll. Das sog. Enterprise Risk Management (ERM) stellt einen neuen, systematischen und integrativen Ansatz dar, der u. a. die weitgehend isolierte Steuerung von Risiken aufbrechen und hierdurch das Risikobewusstsein sowie das Risikoverständnis aller Entscheidungsträger fördern soll. Wie leicht und banal das Ansinnen, das Management von Risiken optimieren zu wollen, auch erscheint, so schwer ist es dies aufgrund fehlender Handlungsentwürfe tatsächlich in der Praxis umzusetzen. Das heißt, den Unternehmen ist zwar die Bedeutung von ERM bewusst, jedoch nicht welche genauen Faktoren dieses zu mehr oder weniger Effektivität und Effizienz führt. An diesem Punkt setzt die vorliegende Arbeit an und stellt sich die Frage, welche potentiellen (Erfolgs-) Faktoren gegeben sein müssen, damit ein Enterprise Risk Management effektiv und effizient funktioniert und hierdurch Risiken optimal identifiziert, gemessen und gesteuert werden können. Die Beantwortung dieser Fragestellung soll vor dem Hintergrund der während der Finanzkrise aufgetretenen Problemfelder reflektiert werden, da gerade dieses Ereignis das Versagen gebräuchlicher Risikomanagementansätze für jeden sichtbar machte. Übergeordnetes Ziel dieser Abschlussarbeit soll es sein, dem Leser zu vermitteln, dass ERM weniger ein hochkomplexes Methodensystem darstellt, sondern vielmehr ein durch jeden Prozessbeteiligten einfach zu erschließendes Gefüge aus pragmatischen Grundvoraussetzungen, die Unternehmen mit relativ geringem Aufwand realisieren können. Zu diesem zeitgemäßen Verständnis möchte die hier vorliegende Arbeit beitragen.

Prozesse Des Risikomanagements Das Enterprise Risk Management Und Seine Herausforderungen

Prozesse des Risikomanagements  Das Enterprise Risk Management und seine Herausforderungen PDF
Author: Laura Hartung
Publisher: GRIN Verlag
ISBN: 3346370860
Size: 43.28 MB
Format: PDF
Category : Business & Economics
Languages : un
Pages : 25
View: 3778

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Studienarbeit aus dem Jahr 2021 im Fachbereich BWL - Controlling, , Sprache: Deutsch, Abstract: Die Arbeit untersucht Bestandteile des Risikomanagements und fragt, ob das Risikomanagement eine effiziente und wertvolle Investition für Firmen ist. Dies wird getan anhand von mehreren Beispielen und Analysen von Risikomanagement Methoden. Als erstes werden kritische Begriffe im Bereich Risikomanagement geklärt die für die Verständnis von Wichtigkeit sind. Als nächstes werden mehrere Methoden analysiert und deren Vorteile, Nachteile und Effizienz untersucht. Diese umfassen beispielsweise die zwei Managementstile der Top-Down und Bottom-Up Methode. Danach wird das Enterprise Risikomanagement betrachtet, welches ein neuartiger Ansatz zum traditionellen Risikomanagement ist, und ob dieser Ansatz wirtschaftlichen Sinn macht. Als letztes wird ein Fallbeispiel über das Risikomanagement von BMW analysiert sowohl als auch die generelle finanzielle Sicht über das Risikomanagement gegeben.

The Executive Guide To Enterprise Risk Management

The Executive Guide to Enterprise Risk Management PDF
Author: C. Chappell
Publisher: Springer
ISBN: 1137374543
Size: 67.86 MB
Format: PDF, Docs
Category : Business & Economics
Languages : un
Pages : 186
View: 4412

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An executive level guide to implementing or extending an enterprise risk management (ERM) framework in an organization. Avoiding complex modeling topics, and unnecessary theory, this book cuts to the heart of the topic, describing what ERM is, why it is important, what constitutes ERM and how it can be implemented to add value to an organization.

Implementing Enterprise Risk Management

Implementing Enterprise Risk Management PDF
Author: John Fraser
Publisher: John Wiley & Sons
ISBN: 1118691962
Size: 71.31 MB
Format: PDF, Docs
Category : Business & Economics
Languages : un
Pages : 688
View: 7330

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Overcome ERM implementation challenges by taking cues from leading global organizations Implementing Enterprise Risk Management is a practical guide to establishing an effective ERM system by applying best practices at a granular level. Case studies of leading organizations including Mars, Statoil, LEGO, British Columbia Lottery Corporation, and Astro illustrate the real-world implementation of ERM on a macro level, while also addressing how ERM informs the response to specific incidents. Readers will learn how top companies are effectively constructing ERM systems to positively drive financial growth and manage operational and outside risk factors. By addressing the challenges of adopting ERM in large organizations with different functioning silos and well-established processes, this guide provides expert insight into fitting the new framework into cultures resistant to change. Enterprise risk management covers accidental losses as well as financial, strategic, operational, and other risks. Recent economic and financial market volatility has fueled a heightened interest in ERM, and regulators and investors have begun to scrutinize companies' risk-management policies and procedures. Implementing Enterprise Risk Management provides clear, demonstrative instruction on establishing a strong, effective system. Readers will learn to: Put the right people in the right places to build a strong ERM framework Establish an ERM system in the face of cultural, logistical, and historical challenges Create a common language and reporting system for communicating key risk indicators Create a risk-aware culture without discouraging beneficial risk-taking behaviors ERM is a complex endeavor, requiring expert planning, organization, and leadership, with the goal of steering a company's activities in a direction that minimizes the effects of risk on financial value and performance. Corporate boards are increasingly required to review and report on the adequacy of ERM in the organizations they administer, and Implementing Enterprise Risk Management offers operative guidance for creating a program that will pass muster.