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作者 Louisot, Jean-Paul
書名 ERM - Enterprise Risk Management : Issues and Cases
出版項 Somerset : John Wiley & Sons, Incorporated, 2014
©2014
國際標準書號 9781118539491 (electronic bk.)
9781118539521
book jacket
版本 1st ed
說明 1 online resource (282 pages)
text txt rdacontent
computer c rdamedia
online resource cr rdacarrier
系列 The Wiley Finance Ser
The Wiley Finance Ser
附註 Intro -- ERM Enterprise Risk Management -- 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 Process -- 1.3.5 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 Cindynics -- 2.2.1 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? -- 2.4 Managing the Collection of Relevant Data for an ERM Program: The Importance of Efficient and Neutral Questionnaires -- 2.4.1 Conception Stage -- 2.4.2 Construction Stage -- 2.4.3 Administration Stage -- 2.4.4 Analysis Stage -- Appendix A: Questionnaire on Corporate Reputation -- 2.5 Enterprise Risk Analytics Systems -- 2.5.1 Enterprise Risk Management Analysis Information Orchestration -- 2.5.2 Making the Case for Enterprise Analytics Systems to the Board -- Reference -- 2.6 Emerging Enterprise Risks Facing the US Healthcare Industry -- 3 Select and Implement the Appropriate Risk Management Technique -- 3.1 Risk to Reputation -- 3.1.1 What is Reputation? -- 3.1.2 Why is Reputation Valuable? -- 3.1.3 The Stakeholder Perspective: Who Counts?
3.1.4 Reputational Risk: Risk or Impact? Threat or Opportunity? -- 3.1.5 Key Sources of Reputational Risk -- 3.1.6 Implementing Risk Management for the Risks to Reputation -- 3.1.7 Evaluating and Prioritizing Reputational Risks -- 3.1.8 Developing Risk Responses -- 3.1.9 Monitoring and Reporting -- 3.1.10 Roles and Responsibilities -- 3.1.11 Overcoming the Barriers to Effective Reputation Risk Management -- 3.1.12 Building Resilience Through Sustainable Reputation: The Way Forward -- 3.1.13 Reputational Risk Management - A Vital Element of an ERM Program -- References and Further Reading -- 3.2 Disturbance Management -- 3.2.1 Business Continuity Planning -- 3.2.2 Strategic Redeployment Planning (SRP) -- 3.2.3 Specific Elements Common to BCP and SRP -- 3.2.4 Summary -- 4 Monitor Results and Revise -- 4.1 Business Ethics and Risk Management -- 4.1.1 Defining What Business Ethics Is -- 4.1.2 Business Ethics: "Good to Have" or Business Imperative? -- 4.1.3 ERM: A Rules or a Values-Based Approach? -- 4.1.4 Building Ethical Risk Management in Organizations -- References and Bibliography -- 4.2 Governance, Risk, Compliance: the New Paradigm of Risk Management -- 5 Communicate and Consult -- 5.1 Communication as a Risk Mitigation Tool -- 5.1.1 Risks Perception and Reality: Communication of Risks -- 5.1.2 Conditions and Objectives of the Communication of Risks -- 5.1.3 Basic Principles for Efficient Communication on Risks -- 5.1.4 Which Stakeholders Need to Be Informed of Risks? -- 5.1.5 Tips for Communicating Risks to the Major Group of Stakeholders -- Part II Case Studies -- 6 Case Study Protocol -- Appendix A - Case Study Interview Questions -- 7 Case Study: Risk Management Implementation in China -- 7.1 Market background -- 7.2 Chinas SOEs and SASAC -- 7.3 Current Development -- 7.4 Implementation Case Study -- 7.4.1 Implementation Case I
7.4.2 Implementation Case II -- 7.4.3 Implementation Case III -- 7.5 Lessons Learned -- 7.6 Questions for Students and Practitioners -- Appendix A -- 8 Case Study: Agreeing Upon the Scope of the Project and the Job of the ERM Risk Manager -- 8.1 Scope of the Project -- 8.2 Job Description for ERM -- 8.3 Questions for Students and Practitioners -- 9 Case Study: Wellcome Trust -- 9.1 Generalities and Presentation -- 9.2 The ERM Program -- 9.3 The Benefits of ERM: Cost and benefit analysis -- 9.4 The Problems or Challenges Associated With ERM -- 9.5 Recommendations for Others Seeking to Implement ERM -- 9.6 Questions for Students and Practitioners -- 10 Case Study: Large Health Insurer in the US -- 10.1 The Large Health Insurer Today -- 10.2 Implications of the Affordable Care Act -- 10.3 Why ERM for This Insurer -- 10.4 ERM Reporting Structure and ERM Department Structure -- 10.5 The ERM Initiative Today -- 10.6 The Risk Management Process -- 10.7 Surprises -- 10.8 How Can an Organization Sustain an ERM Initiative over Time? -- 10.9 How Does This Insurer Risk Management Program Measure ERM Success? -- 10.10 Questions for Students and Practitioners -- Appendix A -- Project Committee Risk Assessment - User Guide -- Appendix B -- Risk Evaluation Tool -- 11 Case Study: Three Steps for Bringing Risk Management Back in House -- 11.1 Memorial Hermann -- 11.2 The Decision to Bring Risk Management Back InHouse -- 11.3 Step One - Laying the Groundwork: Re-establish Risk Management -- 11.4 Second Step - Introducing New Approaches: The ERM Council -- 11.5 The Third Step - Evolving Towards Enterprise Risk Management: Narrative Risk Description -- 11.6 Tangible Results at MH -- 11.7 Recommendations for Other Risk Managers -- 11.8 Questions for Students and Practitioners -- References -- 12 Case Study: University of California
12.1 The University of California and the Office of Risk Services -- 12.2 Why ERM? -- 12.3 Critical Strategic Risks -- 12.4 ERM Accomplishments -- 12.5 ERM Progress Over Time -- 12.6 The "Upside of Risk" -- 12.7 Challenges Facing Higher Education and the University of California -- 12.8 Recommendations for Others Engaged With ERM -- 12.9 Where Further Research and Analysis is Needed -- Appendix A: UC Enterprise Risk Management Tools -- Questions for Students and Practitioners -- 13 Case Study: Managing Risk at the OPAC du Rhône -- 13.1 The organization -- 13.1.1 Context -- 13.2 Activity -- 13.3 Turnover and Competition -- 13.4 Main stakeholders -- 13.5 Vision and Social License to Operate -- 13.6 The identified Need for ERM -- 13.7 Summary -- Questions for Students and Practitioners -- ERM References for Practitioners -- Further Reading -- Index -- ERMEnterprise Risk ManagementIssues and Cases -- Jean-Paul LouisotChristopher Ketcham
"Whether you are a seasoned risk manager or a business leader who feels compelled to bring direction and control of all critical risks facing an organization, Enterprise Risk Management: Issues and Cases is for you. This thoughtfully organized book challenges you to think strategically and tactically about risk." -F. Scott Addis, CPCU, CRA, President & CEO, The Addis Group "When I started my career as a risk manager, a book like this would have enabled me to learn faster and deliver more effectively and quickly. In its chapters there is ample description of the ISO standard and practical implementation. ERM is firmly linked to business and strategy.  It deals not only with process and methodology, but also addresses the cultural and change management aspects of ERM. The case studies are rich in real experience that will be useful for students or professional risk managers. For those that want to go beyond the basic processes and analysis, more sophisticated techniques of analysis and management are included. The number of experienced contributors ensures that there is a whole range of expert thought and experience."  -Paul Taylor, Director, Risk Management Options Limited
Description based on publisher supplied metadata and other sources
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2020. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries
鏈接 Print version: Louisot, Jean-Paul ERM - Enterprise Risk Management : Issues and Cases Somerset : John Wiley & Sons, Incorporated,c2014 9781118539521
主題 Risk management
Electronic books
Alt Author Ketcham, Christopher H
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