The book shows you how to use a highly innovative and surprisingly easy-to-use visual architecture for accurately identifying your organization’s exposure to hundreds, sometimes thousands, of risks, and clearly seeing how they interlink with one another—and can potentially set off a cascade of negative effects.
Packed with eye-opening case studies, engaging stories, and “lessons learned,” Fundamentals of Enterprise Risk Management helps you: ● Avoid the dire consequences of failing to recognize both your external and internal risk exposures.
Last but not least, my administrative assistant, Mary Sullivan, and my graduate assistants, Juan Peng (Adele) and Yu Miao (Grace), were invaluable in creating the final product. It is mostly about how to do a better job of risk identification.After the devastation experienced by AIG, Bear Stearns, Lehman Brothers, and other financial institutions, the need for effective, comprehensive enterprise risk management (ERM) systems has never been more stark or immediate.Whether your organization needs to implement an ERM program from scratch or radically improve upon an existing one, Fundamentals of Enterprise Risk Management is the most up-to-date, all-in-one resource for creating a proactive, clearly articulated ERM system.Bob understood immediately the message of the book and was a wise and steady motivator to tell it as best I can.Mike was a pleasant surprise as he guided me through the editorial/production process to completion of the book. This is really a book about risk from a new perspective.