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Books > Business & Economics > Business & management > Business strategy
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Operational Risk Management (Paperback, 2nd edition)
Loot Price: R657
Discovery Miles 6 570
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Operational Risk Management (Paperback, 2nd edition)
Expected to ship within 5 - 10 working days
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Operational risk management is fast becoming an independent
management discipline in its own right. As such, it is crucial for
risk managers to understand the concept and make use of available
management methods to ensure a streamlined management process. It
is therefore imperative to implement a framework for the
development of a risk management culture, the introduction of a
strategic risk management process and an effective risk management
governance structure. Operational risk management effectively
identifies and evaluates operational risk exposures, as well as the
development and implementation of control measures, the costs of
risks and the continuous monitoring of processes within the
business environment from a risk management perspective -
communicating the relevant concepts and the implementation of a
practical approach to operational risk management. Contents include
the following: Recognising operational risk exposures; Formulating
mitigating action plans; Allocating responsibilities for the
management of action plans; Improving control measures on a
proactive basis; Reducing operating losses; Improving insurance
management; Ensuring accurate risk reporting and disclosure;
Improving shareholder value; Becoming a risk stable organisation;
Ensuring a realistic risk appetite. Operational risk management is
aimed at banking, financial management and economics students, as
well as organisations interested in the management of operational
risk.
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