{"product_id":"enterprise-risk-management-isbn-9780470372333","title":"Enterprise Risk Management","description":"Written for enterprise risk management (ERM) practitioners who recognize ERM?s value to their organization, \u003ci\u003eEnterprise Risk Management: A Methodology for Achieving Strategic Objectives\u003c\/i\u003e thoroughly examines operational risk management and allows you to leverage ERM methodology in your organization by putting author and ERM authority Gregory Monahan's Strategic Objectives At Risk (SOAR) methodology to work. A must-read for anyone interested in risk management as a strategic, value-adding tool, this no-nonsense book shows you how to use ERM and SOAR to empower your company to go from stuck to competitive. Preface.  \u003cp\u003e\u003c\/p\u003e Acknowledgments.  \u003cp\u003e\u003c\/p\u003e Introduction.  \u003cp\u003e\u003c\/p\u003e \u003cb\u003eChapter 1. Defining Enterprise Risk Management.\u003c\/b\u003e  \u003cp\u003e\u003c\/p\u003e Management.  \u003cp\u003e\u003c\/p\u003e Enterprise Risk management.   \u003cp\u003e\u003c\/p\u003e \u003cb\u003eChapter 2. Strategic Objectives\u003c\/b\u003e.  \u003cp\u003e\u003c\/p\u003e Financial Objectives.  \u003cp\u003e\u003c\/p\u003e Market objectives.  \u003cp\u003e\u003c\/p\u003e Operational Objectives.  \u003cp\u003e\u003c\/p\u003e Note on the Interdependence of objectives.   \u003cp\u003e\u003c\/p\u003e \u003cb\u003eChapter 3. At-Risk Concept.\u003c\/b\u003e  \u003cp\u003e\u003c\/p\u003e A very Simple Distribution.  \u003cp\u003e\u003c\/p\u003e A Slightly More Interesting Distribution.  \u003cp\u003e\u003c\/p\u003e Location of the Distribution.  \u003cp\u003e\u003c\/p\u003e Basic Statistical Measures.  \u003cp\u003e\u003c\/p\u003e At-Risk Measure.   \u003cp\u003e\u003c\/p\u003e \u003cb\u003eChapter 4. SOAR (the Methodology): Strategic Objectives at Risk.\u003c\/b\u003e  \u003cp\u003e\u003c\/p\u003e SOAR Methodology Components.  \u003cp\u003e\u003c\/p\u003e SOAR Process.   \u003cp\u003e\u003c\/p\u003e \u003cb\u003eChapter 5. SOAR (the Process).\u003c\/b\u003e  \u003cp\u003e\u003c\/p\u003e \u003cb\u003eChapter 6. Set Metrics for Defined Strategic Objectives.\u003c\/b\u003e  \u003cp\u003e\u003c\/p\u003e Why Measure?  \u003cp\u003e\u003c\/p\u003e Classes of metrics.  \u003cp\u003e\u003c\/p\u003e Setting Metrics.  \u003cp\u003e\u003c\/p\u003e Examples of Metrics.  \u003cp\u003e\u003c\/p\u003e Setting Target Values for Metrics.   \u003cp\u003e\u003c\/p\u003e \u003cb\u003eChapter 7. Observe Metric Values.\u003c\/b\u003e  \u003cp\u003e\u003c\/p\u003e  Observation Methods.  \u003cp\u003e\u003c\/p\u003e Recording Observations of Metrics.  \u003cp\u003e\u003c\/p\u003e Frequency of Observation.  \u003cp\u003e\u003c\/p\u003e Triggers.  \u003cp\u003e\u003c\/p\u003e \u003cb\u003eChapter 8. Analyze Movements in Metrics.\u003c\/b\u003e  \u003cp\u003e\u003c\/p\u003e Conducting the Analysis.  \u003cp\u003e\u003c\/p\u003e Validating the Data.  \u003cp\u003e\u003c\/p\u003e Validating Metric Choice.  \u003cp\u003e\u003c\/p\u003e Reporting Findings.   \u003cp\u003e\u003c\/p\u003e \u003cb\u003eChapter 9. React to the Metric Analysis.\u003c\/b\u003e  \u003cp\u003e\u003c\/p\u003e Record the Rationale for Your Reaction.  \u003cp\u003e\u003c\/p\u003e Simple Task of Reacting According to the Measures.  \u003cp\u003e\u003c\/p\u003e Confidence.  \u003cp\u003e\u003c\/p\u003e Difficult Task of Managing Human Behaviors.  \u003cp\u003e\u003c\/p\u003e \u003cb\u003eChapter 10. SOAR Dashboard.\u003c\/b\u003e  \u003cp\u003e\u003c\/p\u003e Today's Dashboard.  \u003cp\u003e\u003c\/p\u003e SOAR Black Box Recorder.  \u003cp\u003e\u003c\/p\u003e \u003cb\u003eChapter 11. Existing Enterprise Risk Management Approaches.\u003c\/b\u003e  \u003cp\u003e\u003c\/p\u003e Six Sigma.  \u003cp\u003e\u003c\/p\u003e Balanced Scorecard.  \u003cp\u003e\u003c\/p\u003e COSO.  \u003cp\u003e\u003c\/p\u003e \u003cb\u003eChapter 12. Regulation and Compliance.\u003c\/b\u003e  \u003cp\u003e\u003c\/p\u003e Sarbanes-Oxley Act.  \u003cp\u003e\u003c\/p\u003e Basel II.  \u003cp\u003e\u003c\/p\u003e AS\/NZS 4360:2004: Risk Management.  \u003cp\u003e\u003c\/p\u003e Organizational Risk Management Policy.  \u003cp\u003e\u003c\/p\u003e \u003cb\u003eChapter 13. Application of the Concept of “Shifting the Distribution”.\u003c\/b\u003e  \u003cp\u003e\u003c\/p\u003e GE.  \u003cp\u003e\u003c\/p\u003e Bank Treasury Operations.  \u003cp\u003e\u003c\/p\u003e Humans in Daily Life.  \u003cp\u003e\u003c\/p\u003e Airlines.  \u003cp\u003e\u003c\/p\u003e One Other Example.  \u003cp\u003e\u003c\/p\u003e \u003cb\u003eChapter 14. Implementing the SOAR Methodology.\u003c\/b\u003e  \u003cp\u003e\u003c\/p\u003e Resourcing the Enterprise Risk Management Office.  \u003cp\u003e\u003c\/p\u003e Applying the SOAR Process.  \u003cp\u003e\u003c\/p\u003e \u003cb\u003eChapter 15. SOAR in Action Example.\u003c\/b\u003e  \u003cp\u003e\u003c\/p\u003e Step 1. Set (Metrics).  \u003cp\u003e\u003c\/p\u003e Step 2. Observe (End-of-Year Metric Values).  \u003cp\u003e\u003c\/p\u003e Step 3. Analyze (Movements in Metric Values).  \u003cp\u003e\u003c\/p\u003e Step 4. React (to the End-of-Year Analysis).  \u003cp\u003e\u003c\/p\u003e \u003cchapter\u003e\u003c\/chapter\u003eConclusion.  \u003cp\u003e\u003c\/p\u003e Appendix: SOAR Methodology FAQ.  \u003cp\u003e\u003c\/p\u003e Resources.  \u003cp\u003e\u003c\/p\u003e Index. \u003cb\u003eGregory Monahan\u003c\/b\u003e is a consultant and the former head of risk practice for SAS Australia. His consulting clients include SAS Australia\/New Zealand, and the University of New South Wales. While at SAS Australia, he helped define and execute the marketing strategy for risk management products, primarily credit and operational risk. In addition, he helped develop the first version of the SAS Credit Risk Management Solution.  \u003cb\u003eEnterprise Risk Management: A Methodology for Achieving Strategic Objectives\u003c\/b\u003e  \u003cp\u003eIf having your corporation reach its strategic objectives is important to you, read on.\u003c\/p\u003e \u003cp\u003eWritten for enterprise risk management (ERM) practitioners who recognize the value of ERM to their organization, Enterprise Risk Management: A Methodology for Achieving Strategic Objectives thoroughly examines operational risk management, in particular strategic plans, and presents a robust methodology—Strategic Objectives At Risk (SOAR)—that allows professionals a greater chance of success in meeting their strategic objectives and in gaining a better understanding of the factors that influence the outcomes of their actions relating to the management of strategic objectives.\u003c\/p\u003e \u003cp\u003eThis invaluable reference tool for CFOs, risk managers, and chief strategy officers helps you manage the risks associated with strategic objectives and strategic plans and lays out, step by step, the SOAR methodology, prescribing a process for measurement of risk associated with the achievement of strategic objectives that can be applied once these objectives have been defined.\u003c\/p\u003e \u003cp\u003eIf your organization is on board with ERM but is struggling to determine what an effective ERM framework looks and feels like, this forward-looking book reveals what it takes to execute the SOAR process. As well, if you want to try SOAR as part of your company's investment analysis, Enterprise Risk Management: A Methodology for Achieving Strategic Objectives clearly shows you how to run the SOAR process, plus the benefits your company will enjoy from it.\u003c\/p\u003e \u003cp\u003eERM expert and SOAR creator Gregory Monahan breaks it all down practically, with discussion of:\u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eDefining Enterprise Risk Management\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eStrategic Objectives At Risk (SOAR)—The Methodology\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eStrategic Objectives\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eThe At Risk Concept\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eSOAR Process\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eRegulation and Compliance\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eImplementing the SOAR Methodology\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAddressing the application of SOAR methodology to the strategic objectives of an organization, Enterprise Risk Management: A Methodology for Achieving Strategic Objectives focuses on the challenges many organizations face in managing the risks associated with attempting to achieve strategic objectives and lays out clear strategies in addressing this complex issue.\u003c\/p\u003e  \u003cb\u003ePraise for \u003ci\u003eEnterprise Risk Management: A Methodology for Achieving Strategic Objectives\u003c\/i\u003e\u003c\/b\u003e  \u003cp\u003e\"Managing enterprise risk is the responsibility of all managers. This book will assist you in understanding this once complex subject and its impact on you achieving your strategic objectives.\" —Steven Ing, Executive Director, SAS Professional Services, Asia Pacific\u003c\/p\u003e \u003cp\u003e\"Monahan presents a focused methodology that forces managers to confront the real risks their enterprises face. He brings his long experience to the creation of a practical tool that will change the practice of enterprise risk management, whatever the nature of the business. Exceptionally clearly written.\" —Professor James Franklin, University of New South Wales, author of \u003ci\u003eThe Science of Conjecture\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\"Monahan suggests a practical application to the established VaR concept. Anyone interested in the application of risk management as a strategic tool would find this book an interesting read. This book should be read by anyone interested in risk management as a strategic, value-adding tool.\" —Ming Soong Tham, Head of Risk Management, United Overseas Bank Ltd.\u003c\/p\u003e \u003cp\u003e\"Definitely not banal. Greg's book has been written for the progressive thinker—someone who is willing to follow a logical argument to its natural conclusion even when those conclusions may challenge the conventional wisdom.\" —Ali Samad-Khan, President, OpRisk Advisory\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAn essential primer for achieving your company's strategic objectives through enterprise risk management (ERM)\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eEnterprise Risk Management: A Methodology for Achieving Strategic Objectives\u003c\/i\u003e enables you to leverage ERM methodology in your organization by putting author and ERM authority Gregory Monahan's SOAR methodology to work.\u003c\/p\u003e \u003cp\u003eThought-provoking and no-nonsense in style, Enterprise Risk Management: A Methodology for Achieving Strategic Objectives focuses on the challenges your organization may face in managing the risks associated with achieving strategic objectives. This important book shows you how you can best use ERM and SOAR to meet your company's business goals and empower your company to go from \"stuck\" to \"competitive.\"\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989141733605,"sku":"NP9780470372333","price":80.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470372333.jpg?v=1761782967","url":"https:\/\/k12savings.com\/es\/products\/enterprise-risk-management-isbn-9780470372333","provider":"K12savings","version":"1.0","type":"link"}