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Strategy and Risk Management - An Integrated Practical Approach (Paperback)
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Strategy and Risk Management - An Integrated Practical Approach (Paperback)
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Employees make dozens of day-to-day decisions and any one of them
could come back to haunt you, even when the decision does not seem
to have hidden or unknown ramifications. That is why your
organisation must have a protocol in place for identifying and
mitigating all major business risks long before it is needed. At
the strategic level, risk management and strategic management are
intertwined. Using this book, learn how to apply powerful tools and
approaches to make your planning processes more effective and
flexible and build a set of decision-making processes based on
plain language. Author, Ron Rael, uses quality concepts/language
(TQM & Six Sigma) to define the Enterprise Risk Management
(ERM) process and value of prevention, while showing how these
elements are both necessary and highly desired in an organisation s
strategic decision-making. ERM extends to your everyday business
decisions because employees take actions and make daily choices
that could have a detrimental effect on your profits and business s
longevity and future. This book will * provide a best practices
view on the latest developments in ERM * deliver how-to guidance on
developing ERM processes at the enterprise and department levels *
facilitate enterprise-wide ERM participation via practical
information and examples * deliver cross-functional management and
implementation of ERM
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