Author: Publisher:
ISBN:
Category : Corporate governance
Languages : en
Pages : 86
Book Description
Managing Risk to Enhance Stakeholder Value
Author: Managing Risk to Enhance Stakeholder Value
Author: International Federation of Accountants (IFAC)Publisher:
ISBN: 9781887464932
Category : Corporate governance
Languages : en
Pages : 72
Book Description
Riskprobe
Author: Managing Business Risks
Author: Publisher:
ISBN:
Category : Risk assessment
Languages : en
Pages : 18
Book Description
Examines how businesses are, and are perceived to be, dealing with the risks they face.
Operational Risk and Resilience
Author: Chris FrostPublisher: Elsevier
ISBN: 008051314X
Category : Business & Economics
Languages : en
Pages : 319
Book Description
Well publicised failures in risk management have appeared with shocking frequency over the past few years. Affected firms can suffer significant commercial damage or even bankruptcy as a result. Only now is there a growing realisation that risk management is a key management responsibility. This book will help turn your firm into a 'risk aware' organization which will be able to avoid catastrophic loss. It will also enable senior management to make better strategic and operational decisions, thanks to an informed understanding of business hazards. Case studies from a wide cross section of different firms and markets are used to explain how to define, analyse and control operational risk. - An insightful guide to one of the key topics of modern strategic and operational management, written by a team of expert risk management professionals - Learn about the application of operational risk management to a wide range of market sectors, including commercial, retail and investment banking, investment management, insurance, the energy industry, telecommunications, manufacturing and logistics - Case studies and worked examples from around the world, including North America, Western Europe, South East Asia and Latin America
Risk Management
Author: CIMA's Fraud and Risk WorkingPublisher: CIMA Publishing
ISBN: 9781859715642
Category : Business & Economics
Languages : en
Pages : 0
Book Description
This introductory guide to risk management provides a robust framework and tools within which managers can minimise the impact of adverse events and enhance the returns from new opportunities. It provides guidance on how effective management of the resultant risk can make an important contribution to business improvement. Risk management is the process of identifying those events which could influence the achievements of a company's objectives and making positive plans to limit their potential for damage where they represent threats or take advantage where they represent opportunities. Developments such as e-business and globalisation mean organizations need to respond faster to change and are therefore exposed to a wider range of different risks. Additionally, stakeholders and the general public have higher expectations and companies are expected to show more responsibility and have well developed risk management strategies. This guide will assist companies to implement an approach to risk management which can contribute to improved competitive advantage and increase shareholder value. It is illustrated throughout with examples and case studies to provoke and provide ideas.
Value-Based Management in Government
Author: Douglas W. WebsterPublisher: John Wiley & Sons
ISBN: 1119658675
Category : Business & Economics
Languages : en
Pages : 288
Book Description
Provides step-by-step guidance on implementing and using a value-based management system within the government Countless books on proposed management practices have been written and published over the past century. Some of these have focused on specific management practices for government. In more recent decades, the topics of strategic planning, performance management, cost management and risk management have been extensively covered. However, little has been offered as an approach to integrate these and numerous other management methods and practices in a manner that maximizes the delivery of value to the organization’s key stakeholders. A general management framework is presented in this book in a manner particularly applicable to government organizations. Value-Based Management in Government introduces a new, integrating framework for management practices that optimizes the balancing of results sought; resources supplied and allocated; and risks accepted. These considerations are all balanced for the purpose of delivering maximum stakeholder value. The book offers guidance on how strategic planning, performance management, cost/resource management, and risk management must all be integrated as part of a portfolio management framework across the organization. The book also discusses the role of information technology (IT) in providing data for insights and decision-making, and the importance of organizational change management to implement the needed organizational and behavioral changes. Beginning by explaining the concept of Value-Based Management for the public sector and government, the text goes on to explore topics such as the evolutionary stages of maturity of management accounting, the benefit of attributes (e.g., value-add versus nonvalue-add) in cost data, predictive planning with expense projections, risk management, and various performance measurements (e.g., key performance indicators [KPIs] ). This authoritative book: Discusses a framework for balancing and integrating cost, performance, and risk Explains IT systems integration issues related to activity-based cost management (ABC/M) Addresses why some ABC/M implementation projects fail to meet expectations Describes how quality management efforts can be measured in financial terms Explores the wider uses of predictive accounting (e.g., driver-based budgeting, what-if scenario analysis) Provides organizational change management insights and recommendations needed to achieve the required changes in management decision-making. Value-Based Management in Government is an important source of information for leaders, executives, managers, and employee teams working within or with government organizations.
A Stakeholder Rationale for Risk Management
Author: Gregor GossyPublisher: Springer Science & Business Media
ISBN: 3834997587
Category : Business & Economics
Languages : en
Pages : 219
Book Description
Gregor Gossy develops a stakeholder rationale for risk management arguing that firms which are more dependent on implicit claims from their non-financial stakeholders, such as customers, suppliers, and employees, prefer conservative financial policies.
Simplifying Risk Management
Author: Patrick RobertsPublisher: CRC Press
ISBN: 1000574571
Category : Business & Economics
Languages : en
Pages : 110
Book Description
Recent decades have seen much greater attention paid to risk management at an organizational level, as evidenced by the proliferation of legislation, regulation, international standards and good practice guidance. The recent experience of Covid-19 has only served to heighten this attention. Growing interest in the discipline has been accompanied by significant growth in the risk management profession; but practitioners are not well served with suitable books to guide them in their work or challenge them in their professional development. This book attempts to place the practice of risk management within organizations into a broader context, looking as much at why we try to manage risk as how we try to manage risk. In doing so, it challenges two significant trends in the practice of risk management: • The treatment of risk management primarily as a compliance issue within an overall corporate governance narrative; and • The very widespread use of qualitative risk assessment tools (“heat maps” etc.) which have absolutely no proven effectiveness. Taken together, these trends have resulted in much attention being devoted to developing formalized systems for identifying and analyzing risks; but there is little evidence that this is driving practical, cost-effective efforts to actually manage risk. There appears to be a preoccupation with the risks themselves, rather than a focus on the positive actions that can (and should) be taken to benefit stakeholders. This book outlines a simple, quantitative approach to risk management which refocuses attention on treating risks; and presents choices about risk treatment as normal business decisions.
Crisis Communication
Author: Martin N. NdlelaPublisher: Springer
ISBN: 3319972561
Category : Business & Economics
Languages : en
Pages : 168
Book Description
This timely book explores crises as an inevitable part of modern society, which causes ramifications not only for organisations, but also for a diverse range of stakeholders. Addressing the need for organisations to be guided by a stakeholder-oriented approach throughout all phases of the crisis communication process, the author draws upon various business disciplines and covers the management of issues, risk, reputation and relationships. Covering all stages of crisis communication, from pre-crisis to post-crisis, stakeholder engagement is analysed through a series of case studies, with a particular focus on the role of social media. Scholars of corporate communications and business strategy will find this new book undoubtedly useful, and it will be of particular interest to those involved in crisis communication and management.