Enterprise-Wide Risk Management: Strategies for Linking Risk and Opportunity (FT Management Briefings) Book

The ability to master risk and manage the inevitable uncertainty associated with evaluating future outcomes is a key to sustainable competitive advantage. Traditional risk management approaches are no longer adequate in today's rapidly changing world in which the rules of wealth creation and preservation are ever evolving. They are too fragmented and function-driven. A new approach is needed - one that is cross-functional, integrated and adaptable in the face of constant change. Enterprise-wide risk management (EWRM) is a new strategic process which enables you to identify, measure and manage the entire range of business opportunities and risks facing your organisation. This value-generating process provides you with the discipline and tools to master risk as your organisation creates value. Enterprise-wide Risk Management guides you through the key stages of designing and implementing an integrated EWRM process in your organisation. Written by risk consultant James DeLoach, it is centred on the Business Risk Model(tm) he has developed. It provides insight into the risk management practices of over 60 leading companies through in-depth interviews with their senior executives so you can learn from their experiences. This briefing facilitates the management of risk in a world of uncertainty so that you can capitalise on opportunities, risk and growth with confidence. Case studies include: * Diageo/Guinness * Holderbank * MarineMax * Cable & Wireless * Hydro-Quebec * Charles Schwab * Eidos * Cadbury-Schweppes * Post Office Contents include: * A New and Evolving Approach to Improving Risk Management Capabilities * Mastering Risk to Create Value - What is an Enterprise-Wide Approach and Why is It Essential? * The Evolution Towards EWRM * A Common Language - The Essential Starting Point * Risk Management Goals, Objectives, and Oversight - Laying the Foundation * Uniform Processes - Assessing Risks and Developing Strategies * Infrastructure Essentials - Designing and Implementing Risk Management Capabilities * Continuously Improve Risk Strategies, Processes and Measures * Taking It All the Way * Getting StartedRead More