Risk Management Strategies And The Role Of Senior Managers

Risk Management Strategies And The Role Of Senior Managers Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of Risk Management Strategies And The Role Of Senior Managers book. This book definitely worth reading, it is an incredibly well-written.

Risk Management Strategies and the Role of Senior Managers

Difrine Madara
Risk Management Strategies and the Role of Senior Managers Book PDF

Author : Difrine Madara
Publisher : GRIN Verlag
Page : 26 pages
File Size : 54,9 Mb
Release : 2019-11-08
Category : Business & Economics
ISBN : 9783346053961

Get Book

Risk Management Strategies and the Role of Senior Managers by Difrine Madara Pdf

Seminar paper from the year 2018 in the subject Business economics - Business Management, Corporate Governance, grade: A, Kenyatta University, language: English, abstract: Risks are inevitable in any business organisation. In this case, a company must put in place comprehensive measures to address various types of risks that a company may face. A senior manager of any organisation has a significant role to play in designing risk management strategies for the company. This report is, therefore, about the role of senior management in risk assessment, development of the company’s risk management strategy, communication and ressourcing risk management strategies and the evaluation of outcomes. Risk management can be defined as the process of identifying, evaluating and prioritising risks supported by a well-coordinated efficient investment of ressources to minimise, monitor and control the probability of the occurrence of the unfortunate events and maximise attainment of opportunities. Risks originate from several sources, such as uncertainty in the financial markets, threats of project failure, legal issues, accidents, credit risks, and natural occurrences, among others. There are also cases where some events that have never happened before can occur, such as 9/11 terror attacks. These risks are referred to as unforeseeable risks. According to Nassim Taleb, unforeseeable risks are events, which are the rare but high impact on the business or organisation. In the contemporary business environment, inventions, such as social media and natural issues, such as global warming can have a massive impact on business thus the management should prepare for such issues or events appropriately. Risk management, therefore, encompasses strategies adopted by the organisation to ensure that the negative effects of these uncertainties are limited by avoiding, reducing, transferring or accepting the risk. However, risk management initiatives must also consider strategic risks. Basically, strategic risks refer to long-term risks that may arise from long-term decisions taken by the company. That is, a strategic risk refers to potential losses that the company may incur as a result of pursuing wrong business or long-term plans. In this regard, strategic risk management could be described as identifying, assessing and managing risk processes that arise from the company’s business strategy, which includes taking necessary actions if such risks are identified. It encompasses the evaluation of a broad range of probable incidents and circumstances that may disturb the company’s strategy and its performance.

The Owner's Role in Project Risk Management

National Research Council,Division on Engineering and Physical Sciences,Board on Infrastructure and the Constructed Environment,Committee for Oversight and Assessment of U.S. Department of Energy Project Management
The Owner s Role in Project Risk Management Book PDF

Author : National Research Council,Division on Engineering and Physical Sciences,Board on Infrastructure and the Constructed Environment,Committee for Oversight and Assessment of U.S. Department of Energy Project Management
Publisher : National Academies Press
Page : 102 pages
File Size : 53,7 Mb
Release : 2005-03-25
Category : Transportation
ISBN : 9780309095181

Get Book

The Owner's Role in Project Risk Management by National Research Council,Division on Engineering and Physical Sciences,Board on Infrastructure and the Constructed Environment,Committee for Oversight and Assessment of U.S. Department of Energy Project Management Pdf

Effective risk management is essential for the success of large projects built and operated by the Department of Energy (DOE), particularly for the one-of-a-kind projects that characterize much of its mission. To enhance DOE's risk management efforts, the department asked the NRC to prepare a summary of the most effective practices used by leading owner organizations. The study's primary objective was to provide DOE project managers with a basic understanding of both the project owner's risk management role and effective oversight of those risk management activities delegated to contractors.

Risk From the CEO and Board Perspective: What All Managers Need to Know About Growth in a Turbulent World

Mary Pat McCarthy,Tim Flynn
Risk From the CEO and Board Perspective What All Managers Need to Know About Growth in a Turbulent World Book PDF

Author : Mary Pat McCarthy,Tim Flynn
Publisher : McGraw Hill Professional
Page : 256 pages
File Size : 55,5 Mb
Release : 2003-12-08
Category : Business & Economics
ISBN : 9780071457187

Get Book

Risk From the CEO and Board Perspective: What All Managers Need to Know About Growth in a Turbulent World by Mary Pat McCarthy,Tim Flynn Pdf

What all managers need to know about growth in a turbulent world Especially in these turbulent times, good risk management is about exploiting opportunities for growth while protecting value already created. To do this, corporate leaders must, first and foremost, learn to manage the chain of cause and effect between risk and shareholder value. Now Risk shows them how. As vice chairs of the international consulting giant KPMG L.L.P., authors Mary Pat McCarthy and Tim Flynn are uniquely qualified to offer executives and senior managers this ultimate primer on risk and its optimization and management. Packed with case studies and exclusive interviews with executives of many Fortune 500 companies Explores the most successful risk management strategies now in use internationally and offers prescriptions for adapting them to any company

The Risk Management Process

Christopher L. Culp
The Risk Management Process Book PDF

Author : Christopher L. Culp
Publisher : John Wiley & Sons
Page : 625 pages
File Size : 55,5 Mb
Release : 2002-02-28
Category : Business & Economics
ISBN : 9780471151241

Get Book

The Risk Management Process by Christopher L. Culp Pdf

Integrates essential risk management practices with practical corporate business strategies Focusing on educating readers on how to integrate risk management with corporate business strategy-not just on hedging practices-The Risk Management Process is the first financial risk management book that combines a detailed, big picture discussion of firm-wide risk management with a comprehensive discussion of derivatives-based hedging strategies and tactics. An essential component of any corporate business strategy today, risk management has become a mainstream business process at the highest level of the world's largest financial institutions, corporations, and investment management groups. Addressing the need for a well-balanced book on the subject, respected leader and teacher on the subject Christopher Culp has produced a well-balanced, comprehensive reference text for a broad audience of financial institutions and agents, nonfinancial corporations, and institutional investors.

The Risk Manager's Desk Reference

Barbara J. Youngberg
The Risk Manager s Desk Reference Book PDF

Author : Barbara J. Youngberg
Publisher : Jones & Bartlett Learning
Page : 548 pages
File Size : 46,9 Mb
Release : 1998
Category : Hospitals
ISBN : 0834210169

Get Book

The Risk Manager's Desk Reference by Barbara J. Youngberg Pdf

The Risk Manager's Desk Reference, Second Edition is the definitive guide to ensure quality in your organization and save thousands of dollars in costly lawsuits. It puts at your fingertips the information you need on integrating quality assurance and risk management, understanding risk management in a managed care environment, and program development. With this book you learn how to integrate patient support services and facilitate physician participation. This handy reference offers concise information on your most challenging concerns and various ethical issues.

Enterprise Risk Management

John R. S. Fraser,Betty Simkins
Enterprise Risk Management Book PDF

Author : John R. S. Fraser,Betty Simkins
Publisher : John Wiley & Sons
Page : 600 pages
File Size : 54,5 Mb
Release : 2010-01-07
Category : Business & Economics
ISBN : 9780470499085

Get Book

Enterprise Risk Management by John R. S. Fraser,Betty Simkins Pdf

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.

Managing Risk in Organizations

J. Davidson Frame
Managing Risk in Organizations Book PDF

Author : J. Davidson Frame
Publisher : John Wiley & Sons
Page : 288 pages
File Size : 44,7 Mb
Release : 2003-08-05
Category : Business & Economics
ISBN : 9780787972646

Get Book

Managing Risk in Organizations by J. Davidson Frame Pdf

Managing Risk in Organizations offers a proven framework for handling risks across all types of organizations. In this comprehensive resource, David Frame—a leading expert in risk management—examines the risks routinely encountered in business, offers prescriptions to assess the effects of various risks, and shows how to develop effective strategies to cope with risks. In addition, the book is filled with practical tools and techniques used by professional risk practitioners that can be readily applied by project managers, financial managers, and any manager or consultant who deals with risk within an organization. Managing Risk in Organizations is filled with illustrative case studies and Outlines the various types of risk—pure, operational, project, technical, business, and political Reveals what risk management can and cannot accomplish Shows how to organize risk management efforts to conduct risk assessments, manage crises, and recover from disasters Includes a systematic risk management processrisk management planning, risk identification, qualitative impact analysis, quantitative impact analysis, risk response planning, and monitoring control Provides quantitative and qualitative tools to identify and handle risks This much-needed book will enable organizations to take risk seriously and act proactively.

Principles of Risk Management and Patient Safety

Barbara Youngberg
Principles of Risk Management and Patient Safety Book PDF

Author : Barbara Youngberg
Publisher : Jones & Bartlett Learning
Page : 519 pages
File Size : 43,6 Mb
Release : 2010-10-15
Category : Law
ISBN : 9780763774059

Get Book

Principles of Risk Management and Patient Safety by Barbara Youngberg Pdf

Health Sciences & Professions

Supply Chain Risk Management

Donald Waters
Supply Chain Risk Management Book PDF

Author : Donald Waters
Publisher : Kogan Page Publishers
Page : 265 pages
File Size : 53,5 Mb
Release : 2011-10-03
Category : Business & Economics
ISBN : 9780749464264

Get Book

Supply Chain Risk Management by Donald Waters Pdf

Vulnerability to sudden supply chain disruption is one of the major threats facing companies today. The challenge for businesses today is to mitigate this risk through creating resilient supply chains. Addressing this need, Supply Chain Risk Management guides you through the whole risk management process from start to finish. Using jargon-free language, this accessible book covers the fundamentals of managing risk in supply chains. From identifying the risks to developing and implementing a risk management strategy, this essential text covers everything you need to know about this critical topic. It assesses the growing impact of risk on supply chains, how to plan for and manage disruptions and disasters, and how to mitigate their effects. It examines a whole range of risks to supply chains, from traffic congestion to major environmental disasters. Highly practical, Supply Chain Risk Management provides a range of useful tables, diagrams and tools and is interspersed with real life case study examples from leading companies, including Nokia, IBM, and BP. The 2nd edition has been completely revised with brand new case studies on the Chilean Mining Disaster and BP oil spill.

Enterprise Risk Management

John R. S. Fraser,Rob Quail,Betty Simkins
Enterprise Risk Management Book PDF

Author : John R. S. Fraser,Rob Quail,Betty Simkins
Publisher : John Wiley & Sons
Page : 951 pages
File Size : 42,7 Mb
Release : 2021-07-07
Category : Business & Economics
ISBN : 9781119741480

Get Book

Enterprise Risk Management by John R. S. Fraser,Rob Quail,Betty Simkins Pdf

Unlock the incredible potential of enterprise risk management There has been much evolution in terms of ERM best practices, experience, and standards and regulation over the past decade. Enterprise Risk Management: Today’s Leading Research and Best Practices for Tomorrow’s Executives, Second Edition is the revised and updated essential guide to the now immensely popular topic of enterprise risk management (ERM). With contributions from leading academics and practitioners, this book offers insights into what practitioners are doing and what the future holds. You’ll discover how you can implement best practices, improve ERM tools and techniques, and even learn to teach ERM. Retaining the holistic approach to ERM that made the first edition such a success, this new edition adds coverage of new topics including cybersecurity risk, ERM in government, foreign exchange risk, risk appetite, innovation risk, outsourcing risk, scenario planning, climate change risk, and much more. In addition, the new edition includes important updates and enhancements to topics covered in the first edition; so much of it has been revised and enhanced that it is essentially an entirely new book. Enterprise Risk Management introduces you to the concepts and techniques that allow you to identify risks and prioritize the appropriate responses. This invaluable guide offers a broad overview, covering key issues while focusing on the principles that drive effective decision making and determine business success. This comprehensive resource also provides a thorough introduction to ERM as it relates to credit, market, and operational risk, as well as the evolving requirements of the board of directors’ role in overseeing ERM. Through the comprehensive chapters and leading research and best practices covered, this book: Provides a holistic overview of key topics in ERM, including the role of the chief risk officer, development and use of key risk indicators and the risk-based allocation of resources Contains second-edition updates covering additional material related to teaching ERM, risk frameworks, risk culture, credit and market risk, risk workshops and risk profiles and much more. Over 90% of the content from the first edition has been revised or enhanced Reveals how you can prudently apply ERM best practices within the context of your underlying business activities Filled with helpful examples, tables, and illustrations, Enterprise Risk Management, Second Edition offers a wealth of knowledge on the drivers, the techniques, the benefits, as well as the pitfalls to avoid, in successfully implementing ERM.

Managing Risk

John Stevens
Managing Risk Book PDF

Author : John Stevens
Publisher : Routledge
Page : 320 pages
File Size : 46,9 Mb
Release : 2005
Category : Business & Economics
ISBN : 9780406971456

Get Book

Managing Risk by John Stevens Pdf

This handbook is a one-stop guide that sets out a strategic approach for understanding and managing HR risks. Managing Risk: The HR Contribution will enable the user to understand how managing HR risks will benefit their organisation. It will also assist the user to put into place a practical strategy for managing risks associated with employees from recruitment through to the close of the employee/employer relationship. This book will be of particular interest to organisations looking for a strategic, integrated approach linked to business risk management and corporate governance.

Bank Regulation, Risk Management, and Compliance

Alexander Dill
Bank Regulation Risk Management and Compliance Book PDF

Author : Alexander Dill
Publisher : Taylor & Francis
Page : 327 pages
File Size : 51,5 Mb
Release : 2019-10-01
Category : Law
ISBN : 9781000702736

Get Book

Bank Regulation, Risk Management, and Compliance by Alexander Dill Pdf

Bank Regulation, Risk Management, and Compliance is a concise yet comprehensive treatment of the primary areas of US banking regulation – micro-prudential, macroprudential, financial consumer protection, and AML/CFT regulation – and their associated risk management and compliance systems. The book’s focus is the US, but its prolific use of standards published by the Basel Committee on Banking Supervision and frequent comparisons with UK and EU versions of US regulation offer a broad perspective on global bank regulation and expectations for internal governance. The book establishes a conceptual framework that helps readers to understand bank regulators’ expectations for the risk management and compliance functions. Informed by the author’s experience at a major credit rating agency in helping to design and implement a ratings compliance system, it explains how the banking business model, through credit extension and credit intermediation, creates the principal risks that regulation is designed to mitigate: credit, interest rate, market, and operational risk, and, more broadly, systemic risk. The book covers, in a single volume, the four areas of bank regulation and supervision and the associated regulatory expectations and firms’ governance systems. Readers desiring to study the subject in a unified manner have needed to separately consult specialized treatments of their areas of interest, resulting in a fragmented grasp of the subject matter. Banking regulation has a cohesive unity due in large part to national authorities’ agreement to follow global standards and to the homogenizing effects of the integrated global financial markets. The book is designed for legal, risk, and compliance banking professionals; students in law, business, and other finance-related graduate programs; and finance professionals generally who want a reference book on bank regulation, risk management, and compliance. It can serve both as a primer for entry-level finance professionals and as a reference guide for seasoned risk and compliance officials, senior management, and regulators and other policymakers. Although the book’s focus is bank regulation, its coverage of corporate governance, risk management, compliance, and management of conflicts of interest in financial institutions has broad application in other financial services sectors. Chapter 6 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.

Rethinking Risk Management

Rick Nason
Rethinking Risk Management Book PDF

Author : Rick Nason
Publisher : Business Expert Press
Page : 134 pages
File Size : 41,6 Mb
Release : 2017-02-28
Category : Business & Economics
ISBN : 9781631575426

Get Book

Rethinking Risk Management by Rick Nason Pdf

Risk management has become a key factor of successful organizations. Despite risk management's importance, outdated and inappropriate ideas about how to manage risk dominate. This book challenges existing paradigms of risk management and provides readers with new concepts and tools for the current dynamic risk management environment. The framework for the book is a series of questions that allows for an interesting and thought-provoking look at current ideas and forward-looking concepts. This book, intended for senior managers, directors, risk managers, students of risk management, and all others who need to be concerned about risk management and strategy, provides a solid base for not only understanding current best practice in risk management, but also the conceptual tools for exploiting emerging risk management technologies, metrics, regulations, and ideas. The central thesis is that risk management is a value-adding activity that all types of organizations, public, private as well as not-for-profit, can use for competitive advantage and maximum effectiveness.

Handbook of Integrated Risk Management for E-Business

Abderrahim Labbi
Handbook of Integrated Risk Management for E Business Book PDF

Author : Abderrahim Labbi
Publisher : J. Ross Publishing
Page : 318 pages
File Size : 47,7 Mb
Release : 2005-11-09
Category : Business & Economics
ISBN : 9781932159073

Get Book

Handbook of Integrated Risk Management for E-Business by Abderrahim Labbi Pdf

“This book provides a recipe for the practical application of technology and is one of the first instances where the tools and technologies that allow for the implementation of solutions to solve specific problems are actually outlined.” --Dr. Krishna Nathan, Vice President, IBM Research This ground-breaking book integrates converging views of e-business processes and offers ways to manage their inherent risks with advanced modeling techniques. Contributors from leading academic and business organizations explore state-of-the-art adaptive risk analysis systems that support business processes in project portfolio management, operations management, supply chain management, inventory control, data mining for customer relationship management, information technology security, finance, e-banking, and more. Today’s new business environments are characterized by increasing sources of uncertainty and variability which challenge current decision-making processes.Handbook of Integrated Risk Management for E-Business: Measuring, Modeling, and Managing Risk provides a roadmap for identifying and mitigating the primary risks associated with each critical e-business process. It also shows you how to transform your processes by empowering your decision-making systems and how to design appropriate risk management systems for decision support.

Managing Financial Risk and Its Interaction with Enterprise Risk Management

Daniel A. Rogers
Managing Financial Risk and Its Interaction with Enterprise Risk Management Book PDF

Author : Daniel A. Rogers
Publisher : John Wiley and Sons
Page : 21 pages
File Size : 45,6 Mb
Release : 2010-12-16
Category : Business & Economics
ISBN : 9780470952368

Get Book

Managing Financial Risk and Its Interaction with Enterprise Risk Management by Daniel A. Rogers Pdf

This chapter first discusses financial risk management from a broad perspective, including possible definitions and examples of industry applications of financial hedging. The discussion then moves to a basic review of the theoretical rationales for managing (financial) risk and the related empirical findings. The potential for the interaction of financial hedging with other areas of risk management (such as operational and strategic) is then explored. Finally, there is a discussion regarding the lessons that can be applied to Enterprise Risk Management from the knowledge base about financial hedging.