Summary |
Simple Tools and Techniques for Enterprise Risk Management provides a readily understood description of the risk management process. It places this evolving methodology in context by describing development in both corporate governance and successive government sector publications. The book clearly recognises the importance of risk identification by describing the sources of risk, which are explored in detail. To provide easy navigation of the subject covered, the book is divided into five parts.
PART 1 describes the catalysts for and developments in corporate governance internal control and risk management.
Part 2 examines the procurement of risk management services by a client together with the steps a consultant engages in, in terms of interviewing the client prior to an assignment and the preparation of a proposal, to secure a new commission.
Part 3 describes the risk management process being composed of six stages. The inputs, outputs, constrained and enablers of each stage are described to aid implementation.
Part 4 describes what are termed management applications, those sources of risk that to a large extent are under the control of any individual business.
Part 5 describes the external influences on a business which present sources of risk which in the main are beyond the control of any one business.
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