Mastering 21st century enterprise risk management. The Future of ERM - Book 1 - Executive's Guide
(2021)

Nonfiction

eBook

Provider: hoopla

Details

PUBLISHED
[United States] : BookBaby, 2021
Made available through hoopla
DESCRIPTION

1 online resource

ISBN/ISSN
9781098372729 (electronic bk.) MWT14132603, 1098372727 (electronic bk.) 14132603
LANGUAGE
English
NOTES

"Mastering 21st century Enterprise Risk Management" is an Executive's Guide for transforming ERM from an overhead to a value-adding driver of growth. It combines the best of ISO 31000 and COSO ERM to deliver bottom-line returns. By linking risk to strategy using Scenario Analysis, Bayesian modeling, and aggregating their effect, it allows organizations to fulfil the primary directive of ISO 31000 - managing the uncertainty in strategic objectives. In the post COVID business environment, managing uncertainty (risk) is not a management technique, it is a survival skill. From working with the Australian Dept. of Defence, Victorian Infectious Diseases Labs, Serco, and Motorola, this book presents a proven set of strategies and practices that can take you to the next level. This book aims to set the foundation that will allow organizations to implement the Future of ERM - AI-based Risk Management. Putting in place Good Governance, Ethics, Strategic Management, and Risk based Auditing, are all necessary perquisites to tackle the two-edged sword that is AI based Risk Management. Understanding the principles of Bayesian statistics, causal mapping, and threat management, puts Executives in the driver's seat. It also sets a solid platform to manage volatility and exploit the vast potential inherent in the full range of artificial intelligence and disruptive technologies available today

Mode of access: World Wide Web

Additional Credits