Financial Times Business Classics: Enterprise Broad Risk Management -- A Systematic Strategy for Dynamically Handling the Relationship Between Risk and Opportunity

Author: De Ake (Author), Ding Yibing (Translator)
Publisher:
Publish Date: 2001-08-01
Features: CEOs are focused on investment and return, opportunities and rewards, competitive advantage and performance growth. This is why enterprise risk management is of critical importance to their success. CEOs are focused on investment and return, opportunities and rewards, competitive advantage and performance growth. This is why enterprise risk management is of critical importance to their success. Are you concerned about investment and return? — All investments face uncertainty, and understanding and controlling risks are key aspects of managing investment and return. Are you concerned about opportunities and rewards? — Risks always coexist with opportunities. Only when managers understand and are capable of controlling the risks they face can their pursuit of opportunities become active. Are you concerned about competitive advantage and performance growth? — Managing risks does not merely mean avoiding "bets" or "betting on both sides." It is also a special skill. This book is the latest work of the renowned American management scholar, De Ake. Over the years, the author has dedicated himself to researching enterprise risk management and has achieved remarkable accomplishments in both the theory and practice of risk management while working at Arthur Andersen, a globally renowned top-tier management consulting company. This book can be considered the crystallization of the author's years of research. It primarily introduces a new risk management method that is gaining momentum abroad — Enterprise-Level Risk Management (ELRM). The structure of the book revolves around the core content of the Enterprise-Level Risk Management method, integrating modern enterprises' investment and return, opportunities and rewards, performance growth, and risk management control, providing exciting practical operational methods for the long-term strategic development and establishment of competitive advantages.
Chapter 2 introduces the development history of risk management, the necessity of implementing new management methods, and their basic content. Chapters 3 to 8 progressively introduce the main steps of implementing the new risk management method. The final chapter comprehensively summarizes the above steps and identifies the winning elements for successfully implementing ELRM.