The most practical and sensible way to implement ERM-whileavoiding all of the classic mistakes
Emphasizing an enterprise risk management approach that utilizesactual business data to estimate the probability and impact of keyrisks in an organization, Practical Enterprise Risk Management:A Business Process Approach boils this topic down to make itaccessible to both line managers and high level executives alike.The key lessons involve basing risk estimates and preventiontechniques on known quantities rather than subjective estimates,which many popular ERM methodologies consist of.
* Shows readers how to look at real results and actual businessprocesses to get to the root cause of key risks
* Explains how to manage risks based on an understanding of theproblem rather than best guess estimates
* Emphasizes a focus on potential outcomes from existingprocesses, as well as a look at actual outcomes over time
Throughout, practical examples are included from varioushealthcare, manufacturing, and retail industries that demonstratekey concepts, implementation guidance to get started, as well astables of risk indicators and metrics, physical structure diagrams,and graphs.
Gregory H. Duckert
Business & Management Risiko-, Notfall- u. Krisenmanagement Risikomanagement Risk, Contingency & Crisis Management Wirtschaft u. Management