{"product_id":"implementing-enterprise-risk-management-case-studies-and-best-practices-hardback-9781118691960","title":"Implementing Enterprise Risk Management; Case Studies and Best Practices (Hardback) 9781118691960","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eImplementing Enterprise Risk Management\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eCase Studies and Best Practices\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eJohn R. S. Fraser (Author), Betty Simkins (Author), Kristina Narvaez (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781118691960, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 23 December 2014\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e688 pages\u003cbr\u003e25.9 x 18.5 x 4.1 cm, 1.383 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cp\u003e\u003cb\u003eOvercome ERM implementation challenges by taking cues from leading global organizations\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eImplementing Enterprise Risk Management\u003c\/i\u003e is a practical guide to establishing an effective ERM system by applying best practices at a granular level. Case studies of leading organizations including Mars, Statoil, LEGO, British Columbia Lottery Corporation, and Astro illustrate the real-world implementation of ERM on a macro level, while also addressing how ERM informs the response to specific incidents. Readers will learn how top companies are effectively constructing ERM systems to positively drive financial growth and manage operational and outside risk factors. By addressing the challenges of adopting ERM in large organizations with different functioning silos and well-established processes, this guide provides expert insight into fitting the new framework into cultures resistant to change.\u003c\/p\u003e \u003cp\u003eEnterprise risk management covers accidental losses as well as financial, strategic, operational, and other risks. Recent economic and financial market volatility has fueled a heightened interest in ERM, and regulators and investors have begun to scrutinize companies' risk-management policies and procedures. \u003ci\u003eImplementing Enterprise Risk Management\u003c\/i\u003e provides clear, demonstrative instruction on establishing a strong, effective system. Readers will learn to:\u003c\/p\u003e \u003cul\u003e \u003cli\u003ePut the right people in the right places to build a strong ERM framework\u003c\/li\u003e \u003cli\u003eEstablish an ERM system in the face of cultural, logistical, and historical challenges\u003c\/li\u003e \u003cli\u003eCreate a common language and reporting system for communicating key risk indicators\u003c\/li\u003e \u003cli\u003eCreate a risk-aware culture without discouraging beneficial risk-taking behaviors\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eERM is a complex endeavor, requiring expert planning, organization, and leadership, with the goal of steering a company's activities in a direction that minimizes the effects of risk on financial value and performance. Corporate boards are increasingly required to review and report on the adequacy of ERM in the organizations they administer, and \u003ci\u003eImplementing Enterprise Risk Management\u003c\/i\u003e offers operative guidance for creating a program that will pass muster.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eForeword xiii\u003c\/p\u003e \u003cp\u003e1 Enterprise Risk Management Case Studies: An Introduction and Overview 1\u003cbr\u003e\u003ci\u003eJohn R.S. Fraser, Betty J. Simkins, and Kristina Narvaez\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I Overview and Insights for Teaching ERM 17\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e2 An Innovative Method to Teaching Enterprise Risk Management: A Learner-Centered Teaching Approach 19\u003cbr\u003e\u003ci\u003eDavid R. Lange and Betty J. Simkins\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II ERM Implementation at Leading Organizations 37\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e3 ERM at Mars, Incorporated: ERM for Strategy and Operations 39\u003cbr\u003e\u003ci\u003eLarry Warner\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e4 Value and Risk: Enterprise Risk Management at Statoil 59\u003cbr\u003e\u003ci\u003eAlf Alviniussen and H\u003c\/i\u003e\u003ci\u003eåkan Jankensg\u003c\/i\u003e\u003ci\u003eård\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e5 ERM in Practice at the University of California Health System 75\u003cbr\u003e\u003ci\u003eGrace Crickette\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e6 Strategic Risk Management at the LEGO Group: Integrating Strategy and Risk Management 93\u003cbr\u003e\u003ci\u003eMark L. Frigo and Hans Læssøe\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e7 Turning the Organizational Pyramid Upside Down: Ten Years of Evolution in Enterprise Risk Management at United Grain Growers 107\u003cbr\u003e\u003ci\u003eJohn Bugalla\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e8 Housing Association Case Study of ERM in a Changing Marketplace 119\u003cbr\u003e\u003ci\u003eJohn Hargreaves\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e9 Lessons from the Academy: ERM Implementation in the University Setting 143\u003cbr\u003e\u003ci\u003eAnne E. Lundquist\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e10 Developing Accountability in Risk Management: The British Columbia Lottery Corporation Case Study 179\u003cbr\u003e\u003ci\u003eJacquetta C. M. Goy\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e11 Starting from Scratch: The Evolution of ERM at the Workers’ Compensation Fund 207\u003cbr\u003e\u003ci\u003eDan M. Hair\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e12 Measuring Performance at Intuit: A Value-Added Component in ERM Programs 227\u003cbr\u003e\u003ci\u003eJanet Nasburg\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e13 TD Bank’s Approach to an Enterprise Risk Management Program 241\u003cbr\u003e\u003ci\u003ePaul Cunha and Kristina Narvaez\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III Linking ERM to Strategy and Strategic Risk Management 251\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e14 A Strategic Approach to Enterprise Risk Management at Zurich Insurance Group 253\u003cbr\u003e\u003ci\u003eLinda Conrad and Kristina Narvaez\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e15 Embedding ERM into Strategic Planning at the City of Edmonton 281\u003cbr\u003e\u003ci\u003eKen Baker\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e16 Leveraging ERM to Practice Strategic Risk Management 305\u003cbr\u003e\u003ci\u003eJohn Bugalla and James Kallman\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart IV Specialized Aspects of Risk Management 319\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e17 Developing a Strategic Risk Plan for the Hope City Police Service 321\u003cbr\u003e\u003ci\u003eAndrew Graham\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e18 Blue Wood Chocolates 335\u003cbr\u003e\u003ci\u003eStephen McPhie and Rick Nason\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e19 Kilgore Custom Milling 363\u003cbr\u003e\u003ci\u003eRick Nason and Stephen McPhie\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e20 Implementing Risk Management within Middle Eastern Oil and Gas Companies 377\u003cbr\u003e\u003ci\u003eAlexander Larsen\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e21 The Role of Root Cause Analysis in Public Safety ERM Programs 397\u003cbr\u003e\u003ci\u003eAndrew Bent\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e22 JAA Inc.—A Case Study in Creating Value from Uncertainty: Best Practices in Managing Risk 427\u003cbr\u003e\u003ci\u003eJulian du Plessis, Arnold Schanfield, and Alpaslan Menevse\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e23 Control Complacency: Rogue Trading at Société Générale 461\u003cbr\u003e\u003ci\u003eSteve Lindo\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e24 The Role of VaR in Enterprise Risk Management: Calculating Value at Risk for Portfolios Held by the Vane Mallory Investment Bank 489\u003cbr\u003e\u003ci\u003eAllissa A. Lee and Betty J. Simkins\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e25 Uses of Efficient Frontier Analysis in Strategic Risk Management: A Technical Examination 501\u003cbr\u003e\u003ci\u003eWard Ching and Loren Nickel\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart V Mini-Cases on ERM and Risk 523\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e26 Bim Consultants Inc. 525\u003cbr\u003e\u003ci\u003eJohn R.S. Fraser\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e27 Nerds Galore 529\u003cbr\u003e\u003ci\u003eRob Quail\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e28 The Reluctant General Counsel 535\u003cbr\u003e\u003ci\u003eNorman D. Marks\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e29 Transforming Risk Management at Akawini Copper 539\u003cbr\u003e\u003ci\u003eGrant Purdy\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e30 Alleged Corruption at Chessfield: Corporate Governance and the Risk Oversight Role of the Board of Directors 547\u003cbr\u003e\u003ci\u003eRichard Leblanc\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e31 Operational Risk Management Case Study: Bon Boulangerie 555\u003cbr\u003e\u003ci\u003eDiana Del Bel Belluz\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart VI Other Case Studies 559\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e32 Constructive Dialogue and ERM: Lessons from the Financial Crisis 561\u003cbr\u003e\u003ci\u003eThomas H. Stanton\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e33 Challenges and Obstacles of ERM Implementation in Poland 577\u003cbr\u003e\u003ci\u003eZbigniew Krysiak and Stawomir Pijanowski\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e34 Turning Crisis into Opportunity: Building an ERM Program at GeneralMotors 607\u003cbr\u003e\u003ci\u003eMarc S. Robinson, Lisa M. Smith, and Brian D. Thelen\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e35 ERM at Malaysia’s Media Company Astro: Quickly Implementing ERM and Using It to Assess the Risk-Adjusted Performance of a Portfolio of Acquired Foreign Companies 623\u003cbr\u003e\u003ci\u003ePatrick Adam K. Abdullah and Ghislain Giroux Dufort\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eAbout the Editors 649\u003c\/p\u003e \u003cp\u003eIndex 651\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52173822984472,"sku":"9781118691960","price":67.39,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781118691960_199924.jpg?v=1781173683","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/implementing-enterprise-risk-management-case-studies-and-best-practices-hardback-9781118691960","provider":"Freshly Printed Books","version":"1.0","type":"link"}