The Use of Scenario Planning in Enterprise Risk Management: A Critical Assessment - Softcover

Höppener, Timo

Softcover

ISBN 10: 3639464575 ISBN 13: 9783639464573

Verlag: AV Akademikerverlag, 2013

Inhaltsangabe

There has been an increasing need for risk management after the Global Financial Crisis, which resulted in the collapse of large financial institutions, downturns in the stock market and bailouts of banks by national governments. Furthermore, today’s environment of uncertainty requires new planning tools. Most organisations plan as if the world is predictable, developing point forecasts, budgets, and initiatives that will succeed as long as the external environment is favourable. In reality, so many variables are in play that linear planning rarely works. Moreover, scenarios allow organisations to consider complex changes and act accordingly. The objective of this study is to explore how and to which extent scenario planning can be used in Enterprise Risk Management (ERM). Moreover, the potentialities as well as the limits of the scenario planning method in ERM will be identified and discussed.

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Über die Autorin bzw. den Autor

Timo Höppener, Bachelor of Arts & Bachelor of Business. I have studied International Business at the University of Applied Sciences Aachen (Germany) and the University of the Sunshine Coast, Australia. Currently I am participant of the PreMaster Programm at Bosch GmbH.

Details zur Ausgabe

• Verlag: AV Akademikerverlag
• Erscheinungsdatum: 2013
• Sprache: Englisch
• ISBN 10: 3639464575
• ISBN 13: 9783639464573
• Einband: Taschenbuch
• Anzahl der Seiten: 72
• Kontakt zum Hersteller: Nicht verfügbar
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