Enterprise Risk Management - Straight to the Point: An Implementation Guide Function by Function

by Al Decker, Donna Galer

We have published a Second Edition of this book with additional content.

SEARCH S traight to the Point SECOND EDITION

This book clearly and concisely describes a real world approach to use in determining how business risk can affect top priority business strategies and how to develop action plans for addressing them through Enterprise Risk Management (ERM). It can be a valuable reference tool for Board Directors, Corporate Executives, CROs, Risk Managers or anyone in a leadership position. This book, and its companion book Enterprise Risk Management – Straight to the Value, will give you a methodology for managing the organization's most critical risks thus enabling the enterprise to meet its strategic goals and objectives. It was made to be shared among executive teams or members of risk committees so they are all working from a common vocabulary and understanding of ERM. The link between strategy and ERM is well illustrated in the case study. Straight To The Point clearly explains the steps necessary to achieve an effective ERM process through a unique methodology for identifying and prioritizing risks across business functions. It provides tools including, an initial set of risks by functions, sample reports and a case study that ties everything together thus providing the reader with a practical guide for implementing ERM. Here is a synopsis of the contents. Part I – ERM Guide Guide Points to consider when developing an effective ERM process plan, including selling the concept, how to tie ERM to strategy, and democratizing management of enterprise risks. Part II – ERM Process A unique methodology - Identifying risks from practical business perspectives - Leveling the playing field for prioritizing risks consistently across the enterprise - Developing business process based mitigation - Effective monitoring and reporting Part III – ERM Function by Describes five major business functions that are common to most organizations emphasizing that ERM is far more than just financial risk. Part IV – Case A real world based case study that follows the methods described in this book and ties it all together.

150 pages, Paperback

First published January 28, 2013

Reviews

[Kat · Rating 4 out of 5]

A solid, easy-to-read review of ERM. I will certainly keep it for future reference. Knocked one star off, because it could use some formatting edits for clarity. (Ex. When bolding the beginning of a new topic in a list, make sure every new topic is bolded, or it makes it seem as though it is a continuation of the previous topic).

[Richard Marney · Rating 5 out of 5]

Simple, understandable and effective! This is the kind of book you carry in your brief case and into the conference room with you.