00000cmm a22000005i 4500 UP-1685594773862447329 Buklod 20220302161617.0 m o u ta 220302s2015 nju e u eng d 9781118745762 (ebook) (iLib)UPBAG-00044054842 DLC BAG rda eng GRC-ebook Implementing enterprise risk management [electronic resource] case studies and best practices editors, John R.S. Fraser, Betty J. Simkins, Kristina Narvaez. Enterprise risk management Hoboken, N.J. Wiley [2015] 1 online resource (xiii, 673 pages) illustrations text rdacontent computer rdamedia online resource rdacarrier Robert W. Kolb series in finance Includes bibliographical references, Internet addresses and index. Access available through the Open Educational Resources of the University Library. Overcome ERM implementation challenges by taking cues from leading global organizations Implementing Enterprise Risk Management 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. Enterprise 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. Implementing Enterprise Risk Management provides clear, demonstrative instruction on establishing a strong, effective system. Readers will learn to: Put the right people in the right places to build a strong ERM framework Establish an ERM system in the face of cultural, logistical, and historical challenges Create a common language and reporting system for communicating key risk indicators Create a risk-aware culture without discouraging beneficial risk-taking behaviors ERM 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 Implementing Enterprise Risk Management offers operative guidance for creating a program that will pass muster. Electronic reproduction. Boston, MA Safari Available via World Wide Web. Risk management. Risk management Case studies. Business enterprises Finance. Electronic books. Fraser, John R. S. 1946- author. Available for University of the Philippines Baguio via OER. Click here to access https://drive.google.com/file/d/1Cz1uGdM9L1h0gDAj7Ak3wJRGNtOqnfXq/view (viewed 02 March 2022) FO Monograph UPBAG GRC GRC-ebook Electronic Resource