Simple Tools and Techniques for Enterprise Risk Management

2. Revised Auflage 2011
ISBN: 978-1-119-98997-4
Verlag: Wiley

Buch, Englisch, 680 Seiten, Format (B × H): 175 mm x 250 mm, Gewicht: 1329 g

Reihe: Wiley Finance Series

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.

Autoren/Hrsg.

Chapman, Robert J

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Management Risikomanagement

Inhaltsverzeichnis

List of Figures xxvii

Preface to the Second Edition xxxi

Acknowledgements xxxv

About the Author xxxvii

PART I ENTERPRISE RISK MANAGEMENT IN CONTEXT 1

1 Introduction 3

2 Developments in Corporate Governance in the UK 19

3 Developments in Corporate Governance in the US 41

4 The Global Financial Crisis of 2007-2009: A US Perspective 59

5 Developments in Corporate Governance in Australia and Canada 85

6 Internal Control and Risk Management 97

7 Developments in Risk Management in the UK Public Sector 109

PART II THE RISK MANAGEMENT PROCESS 137

8 Establishing the Context: Stage 1 141

9 Risk Identification: Stage 2 159

10 Risk Analysis: Stage 3 185

11 Risk Evaluation: Stage 4 197

12 Risk Treatment: Stage 5 223

13 Monitoring and Review: Stage 6 233

14 Communication and Consultation: Stage 7 241

PART III INTERNAL INFLUENCES - MICRO FACTORS 247

15 Financial Risk Management 249

16 Operational Risk Management 267

17 Technological Risk Management 309

18 Project Risk Management 333

19 Business Ethics Management 355

20 Health and Safety Management 375

PART IV EXTERNAL INFLUENCES - MACRO FACTORS 391

21 Economic Risk 393

22 Environmental Risk 413

23 Legal Risk 435

24 Political Risk 453

25 Market Risk 467

26 Social Risk 499

PART V THE APPOINTMENT 513

27 Introduction 515

28 Interview with the Client 523

29 Proposal 533

30 Implementation 541

Appendix 1: Successful IT: Modernising Government in Action 549

Appendix 2: Sources of Risk 553

Appendix 3: DEFRA Risk Management Strategy 557

Appendix 4: Risk: Improving Government's Capability to Handle

Risk and Uncertainty 561

Appendix 5: Financial Ratios 567

Appendix 6: Risk Maturity Models 573

Appendix 7: SWOT Analysis 579

Appendix 8: PEST Analysis 583

Appendix 9: VRIO Analysis 587

Appendix 10: Value Chain Analysis 589

Appendix 11: Resource Audit 591

Appendix 12: Change Management 595

Appendix 13: Industry Breakpoints 599

Appendix 14: Probability 601

Appendix 15: Value at Risk 611

Appendix 16: Optimism Bias 613

Index 621

Über Autor(innen)

Robert Chapman is the Director of Risk Management in the Middle East for AECOM, a publicly traded company on the New York Stock Exchange, and listed on the Fortune 500 as one of America's largest companies. Prior to this he held the position of Director of Risk Management at a number of European companies and has provided risk management consultancy services in Holland, Ireland, South Africa, Qatar, England and the UAE to companies within the pharmaceutical, aviation, marine, rail, broadcast, heritage, health, education, manufacturing, water, sport, oil and gas, property development, construction and media sectors. He was made a Fellow of both the Institute of Risk Management (UK) and the Association for Project Management (UK) for his contribution to the development of the discipline of risk management. He has provided guidance to the Chartered Institute of Accountants in England and Wales in the form of a risk management handbook and was a co-author of Management of Risk: Guidance for Practitioners published by the Office of Government Commerce and Managing Business Risk published by Kogan Page. He has had articles on the subject of risk management published in three languages and has a PhD in risk management