Inhaltsangabe
Strategic Risk: A Guide for Directors presents a challenging new approach to risk management known as STRATrisk, which helps enterprises to focus on the outcomes that really matter. The authors state that strategic risks differ from tactical risks, not just in magnitude but also in their nature - even though they often arise from project or operational risks; that is because the really big risks are more dynamic, uncertain and interconnected.
This guide has been produced by collaboration between the civil engineering and actuarial professions, and shows why managing strategic risk needs a different approach; outlines a recommended methodology; stresses the necessity for the board to provide risk leadership and create the right culture, internal communications systems and risk-management frameworks; and discusses how to proceed in practice and outlines constructive tools.
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Strategic Risk
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Paperback. Zustand: New. The success of enterprises can often be attributed to their successful management of strategic risk. Conversely, failure to manage strategic risk can lead to often catastrophic consequences - Enron, Arthur Anderson, Kvaerner and Equitable Life were all seriously affected by a failure to think sufficiently about strategic risk.Most organisations have well embedded procedures for assessing and mitigating project and operational risks. Strategic risks are an order of magnitude greater and, by their very nature, involve a wider range of uncertainty and the interaction between a large number of factors, with major benefits accruing from managing them well and often dire consequences from the failure to manage them effectively.This major new printed guide and CD, compiled by a group of industry experts working under the auspices of the DTI, the Institution of Civil Engineers and the Actuarial Profession, presents in a succinct and cogent way a recommended approach to the management of strategic risk, STRATrisk, and an explanation of how to apply the approach.Among the practical steps recommended are:examination of the key processes already embedded in the organisation to see whether they contain hidden strategic risksadequate follow-through from risk identificationthe use of tools such as horizon scanning, concept mapping, pattern recognition and risk groupingThe CD amplifies the information contained in the printed guide and provides video clips and a number of case studies.i. Bestandsnummer des Verkäufers LU-9780727734679
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Strategic Risk (Paperback)
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Emerald Publishing Limited, London, 2006
ISBN 10: 0727734679
ISBN 13: 9780727734679
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Paperback. Zustand: new. Paperback. The success of enterprises can often be attributed to their successful management of strategic risk. Conversely, failure to manage strategic risk can lead to often catastrophic consequences - Enron, Arthur Anderson, Kvaerner and Equitable Life were all seriously affected by a failure to think sufficiently about strategic risk.Most organisations have well embedded procedures for assessing and mitigating project and operational risks. Strategic risks are an order of magnitude greater and, by their very nature, involve a wider range of uncertainty and the interaction between a large number of factors, with major benefits accruing from managing them well and often dire consequences from the failure to manage them effectively.This major new printed guide and CD, compiled by a group of industry experts working under the auspices of the DTI, the Institution of Civil Engineers and the Actuarial Profession, presents in a succinct and cogent way a recommended approach to the management of strategic risk, STRATrisk, and an explanation of how to apply the approach.Among the practical steps recommended are:examination of the key processes already embedded in the organisation to see whether they contain hidden strategic risksadequate follow-through from risk identificationthe use of tools such as horizon scanning, concept mapping, pattern recognition and risk groupingThe CD amplifies the information contained in the printed guide and provides video clips and a number of case studies.i Strategic risks are an order of magnitude greater and, by their very nature. This guide and CD presents an approach to the management of strategic risk, STRATrisk, and an explanation of how to apply the approach. The CD provides video clips and a number of case studies. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Bestandsnummer des Verkäufers 9780727734679
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Strategic Risk
Verlag:
Emerald Publishing Limited, GB, 2006
ISBN 10: 0727734679
ISBN 13: 9780727734679
Neu
Paperback
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Verkäuferbewertung 5 von 5 Sternen
Paperback. Zustand: New. The success of enterprises can often be attributed to their successful management of strategic risk. Conversely, failure to manage strategic risk can lead to often catastrophic consequences - Enron, Arthur Anderson, Kvaerner and Equitable Life were all seriously affected by a failure to think sufficiently about strategic risk.Most organisations have well embedded procedures for assessing and mitigating project and operational risks. Strategic risks are an order of magnitude greater and, by their very nature, involve a wider range of uncertainty and the interaction between a large number of factors, with major benefits accruing from managing them well and often dire consequences from the failure to manage them effectively.This major new printed guide and CD, compiled by a group of industry experts working under the auspices of the DTI, the Institution of Civil Engineers and the Actuarial Profession, presents in a succinct and cogent way a recommended approach to the management of strategic risk, STRATrisk, and an explanation of how to apply the approach.Among the practical steps recommended are:examination of the key processes already embedded in the organisation to see whether they contain hidden strategic risksadequate follow-through from risk identificationthe use of tools such as horizon scanning, concept mapping, pattern recognition and risk groupingThe CD amplifies the information contained in the printed guide and provides video clips and a number of case studies.i. Bestandsnummer des Verkäufers LU-9780727734679