Effective Enterprise Risk Management

This book provides a straightforward, practical guide to enterprise risk management to help directors, executives, managers, and risk practitioners understand how they can implement ERM effectively to create value for their organisations. The book is not specific to any particular sector or kind of organisation. It is based on the authors' work with clients across private enterprise, public sector agencies, government departments, and not-for-profit entities.They have distilled, from their work, the key principles underpinning ERM as a discipline. Many executives and managers will identify with the contents of the book as they see it corresponds to the challenges they face in their own organisations. Key features: Focus on organisational objectives and improving organisational outcomes, with an emphasis on value creation rather than simplistically seeking to avoid risk. Practical guidance, informed by international consulting activities across a wide range of sectors and cultures, with many examples derived from specific organisations and general examples consolidated from several organisations. Practical processes and their implementation, described step-by-step. Aligned with the international standard ISO 31000 Risk management – Guidelines. Straightforward approach and plain English language. Learning activities in each chapter. Effective Enterprise Risk Management will benefit directors, trustees, executives, senior managers, and executive students who want to recognise what good ERM looks like and learn how to exercise effective oversight and leadership.