Fundamentals of Risk Management: Understanding, Evaluating and Implementing Effective Enterprise Risk Management

Effective risk management allows for opportunities to be maximized while minimizing uncertainty. This guide for emerging professionals offers a comprehensive understanding of risk management, covering topics such as Covid-19, digitization, and climate change, with tools, tips, and tactics for expert insights and success. Fundamentals of Risk Management is a detailed introduction to commercial and business risk, aligned with ISO 31000 and the COSO ERM Framework. It covers key principles, types of risk, and frameworks for business continuity planning, enterprise risk management, and project risk management. The revised sixth edition includes new content on cyber risk, black swan events, and climate risk, emphasizing positive risk management in a digital/VUCA age. It also examines the impact of the climate crisis on risk management activities and includes case studies on recent failures. Supporting online resources include lecture slides and additional information.

\n Format: Paperback / softback
\n Length: 472 pages
\n Publication date: 03 December 2021
\n Publisher: Kogan Page Ltd
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Effective risk management is essential for maximizing opportunities and minimizing uncertainty. This guide, tailored specifically for emerging professionals, offers a comprehensive understanding of risk management, encompassing a wide range of topics such as COVID-19, digitization, and climate change. It provides valuable tools, tips, and tactics to offer expert insights and drive success in this dynamic field.

Fundamentals of Risk Management is a comprehensive textbook designed to provide students and risk professionals with a deep understanding of commercial and business risk. It is fully aligned with ISO 31000 and the COSO ERM Framework, covering the key principles of risk management and offering practical strategies for dealing with various types of risks encountered by organizations.

The book delves into the frameworks of business continuity planning, enterprise risk management, and project risk management, providing a comprehensive overview of international risk management standards and frameworks. It emphasizes the positive perspective of risk, recognizing it as an opportunity rather than a constant threat. In the digital/VUCA age, the book emphasizes the unique challenges and opportunities presented by risk management.

The revised sixth edition of Fundamentals of Risk Management includes brand new content on emerging trends such as cyber risk, black swan events, and climate risk. It has been thoroughly updated to reflect the changing landscape of risk management, placing greater emphasis on seeing risk as a positive force. The book also explores the impact of the climate crisis on risk management activities and provides a detailed analysis of contemporary risk areas, including digital risk management, risk culture, and appetite.

In addition to the comprehensive content, the book includes case studies on notable failures and challenges in various industries, such as Arcadia, HBO's bankruptcy, and Boohoo's issues with modern slavery. These case studies offer valuable insights into the changing risk landscape and the importance of effective risk management practices.

To support the learning process, the book includes lecture slides with figures, tables, and key points from the text. These resources provide a visual representation of the key concepts and help students grasp the material more effectively.

Overall, Fundamentals of Risk Management is a valuable resource for students, risk professionals, and anyone interested in developing a comprehensive understanding of risk management. Its comprehensive coverage, practical insights, and up-to-date content make it an essential tool for navigating the complex and ever-changing world of risk.

\n Weight: 660g\n
Dimension: 240 x 170 x 25 (mm)\n
ISBN-13: 9781398602861\n
Edition number: 6 Revised edition\n