ERM, enterprise risk management : issues and cases / [edited by] Jean-Paul Louisot, Christopher H. Ketcham.

"A wealth of international case studies illustrating current issues and emerging best practices in enterprise risk managementDespite enterprise risk management's relative newness as a recognized business discipline, the marketplace is replete with guides and references for ERM practitioner...

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Bibliographic Details
Online Access: Full Text (via O'Reilly/Safari)
Other Authors: Louisot, Jean-Paul, Ketcham, Christopher
Format: eBook
Language:English
Published: Chichester, West Sussex, United Kingdom : Wiley, 2014.
Subjects:
Table of Contents:
  • ERM Enterprise Risk Management; ERMEnterprise Risk ManagementIssues and Cases; Jean-Paul LouisotChristopher Ketcham; Contents; Contributor List; About the Editors; Acknowledgements; Introduction; Case Studies; The Articles; The References; ISO 31000 and Guide 73: 2009 Definitions; ISO 31000 and Guide 73: 2009 Select Terms and Their Definitions; Part I ERM Articles; 1 Establishing the Internal and External Contexts; 1.1 Managing Risks to Enable Strategy; 1.1.1 The Origin of Modern Risk Management; 1.1.2 Strategic Risk Management?; 1.1.3 Ethics, Sustainable Development, and Governance (ESG).
  • 1.1.4 Where Are We Heading? Why and For Whom? How?1.1.5 Fundamentals in Risk Management; 1.1.6 Risk Management Process; 1.1.7 From Risk Management to Good Governance; 1.2 Strategy, Constraint, Risk Management and the Value Chain; 1.2.1 Strategy and Constraint; 1.2.2 The Value Chain; 1.2.3 Risk Management and Strategy; 1.2.4 Towards Creating Strategy; 1.2.5 A Simple Strategy; 1.2.6 Summary; Reference; 1.3 The Risk of Group Decision Making Within Organizations: A Synthesis; 1.3.1 Outline; 1.3.2 Fundamentals
  • Setting the Frame; 1.3.3 Observed Limitations of Human Thinking.
  • 1.3.4 Organizing and Processing Information
  • The Human Cognitive Process1.3.5 Summary; 1.3.6 Behavioral Decision Making in Groups
  • Power of the Crowd; 1.3.7 How Organizations Deal With Decisions
  • Will ERM Assist?; Bibliography; References; 2 Risk Assessment; 2.1 Risk Quantification: Cornerstone for Rational Risk Management; 2.1.1 Why Is Risk Quantification Needed?; 2.1.2 Causal Structure of Risk; 2.1.3 Increasing Awareness of Exposures and Stakes; 2.1.4 Risk Quantification for Risk Control; 2.1.5 Risk Quantification for Risk Financing; 2.1.6 Conclusion; Reference.
  • 2.2 Brief Overview of Cindynics2.2.1 Basic Concepts; 2.2.2 Dysfunctions; 2.2.3 General principles and axioms; 2.2.4 Perspectives; Bibliography; 2.3 Risk Assessment or Exposure Diagnostic; 2.3.1 Foreword; 2.3.2 Threats and Opportunities: How to deal with uncertainty in a changing world?; 2.3.3 How to Manage the Risks Derived From Partners Resources?; 2.3.4 Are There Any "Free" Resources? Taking into Account Externalities; 2.3.5 What Do We Mean by Peril or Hazard?; 2.3.6 Is It Possible to Develop an Efficient Classification for Perils and Hazards?; 2.3.7 VoR or Velocity of Risk?
  • 2.3.8 What About Business Impact Analysis?2.3.9 Why Must Risk-Management Objectives Be Clearly Defined?; 2.3.10 Managing Risks or Containing the Cost of Risk, Is It the Same Objective?; 2.3.11 Why Is the Concept of Resilience Becoming So Popular With Board Members?; 2.3.12 How to Conduct an Exposure Diagnostic?; 2.3.13 How to Analyze and Evaluate Risks?; 2.3.14 Risk Centres and How to Use Them for Risk Assessment; 2.3.15 Risk Map or Risk Matrix: What for?; 2.3.16 Why Does It Make Sense to Invest in a System to Gather and Transform Information?