Enterprise Risk Management / Robert W. Kolb Series (ePub)

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.