No More Risk as Usual
This eBook takes the pain out of risk management. It is not intended to create a rigid, step-by-step method for risk management. It is aimed to reveal effortless strategies that will allow you to take advantage of risks and grow your business.
Complexity and volatility in the business arena is higher than ever. This brings about more powerful and diverse sources of risk. The ability to deliver growth and performance in varied business climates with confidence and clarity has become a business imperative in the wake of the financial crisis.
To achieve resiliency and sustainability in the current environment, companies must let go of business-as-usual approaches to risk management. Now, more than ever, risk management is in need of change and transformation.
This eBook is written for board members, business owners and senior executives – the people responsible, in their capacity as strategic leaders, for identifying and responding to the potential risks and game-changing opportunities that face an enterprise. These risks can be “strategic advantage,” since managing the risk and taking advantage of the opportunities is an essential part of an effective business strategy. In this eBook, we discuss why business leaders often suffer from an incomplete understanding of strategic risk – and what they can do to avoid being blindsided by the unexpected.
Ch1 A Different Perspective
Ch2 Risk as Opportunity and Strategic Advantage
Ch3 Be Aware of your Point of View about Risk
Ch4 Risk management
Ch5 Three Distinct Types of Risk
Ch6 Taking Advantage of Potential Opportunities
Ch7 Why the Board Should be Interested in Risk
Ch8 Governance Risk Management Framework
Ch9 The Role of the CEO/Senior Staff
Ch10 Risk Management Committee
Ch11 Risk Management Process
Ch12 Define the Risk Management Framework
Ch13 Risk Management Policy
Ch14 Identify Risks
Ch15 Risk categories
Ch16 Evaluate Risks
Ch17 Establish Level of Risk
Ch18 Risk Management Strategies
Ch19 Risk Management Plan
Ch20 Monitor and review
Ch21 Embedding Risk Management into the Organization
Ch22 Risk Management Project Plan
Ch23 What Else is Possible