Empowered Enterprise Risk Management: Theory and Practice

by Hakan Jankensgard, Petter Kapstad (Contributor)

In this book, two experts on the topic raise the question of why many ERM programmes end up as box-checking silos with almost no connection to important decision-making processes, whereas others are empowered and end up having a profound impact on the firm’s culture, governance structures, and strategy process. The book establishes a path to empowered ERM by drawing on insights from theory and hard-won lessons from practice. Success factors enabling this transition are thoroughly discussed in a start-to-finish narrative describing the theoretical underpinnings of ERM, its proven best practices, and onto more advanced topic such as risk budgeting and the integration of ERM into strategic decision-making.

224 pages, Hardcover

Published March 15, 2021

Reviews

[Nattapan · Rating 4 out of 5]

Enlightening! If you want to learn more about ERM in reality, you had better read this book.