Guard your organization from losses with this ultimate, step-by-step guide to risk management
Myth: Implementing an ERM program is a long, painful process
Myth: An ERM program is too expensive to sustain
Myth: An ERM program has minimal perceived value
Fact: Enterprise Risk Management Best Practices takes you step-by-step through the entire process of getting a cost-effective risk management program up and running in any organization, regardless of its size, structure, and culture.
Written by Sarbanes-Oxley expert Anne Marchetti, Enterprise Risk Management Best Practices proves that you do not need a huge investment of time, expertise, resources, and dollars to build, design, and ??sustain an effective ERM program that shields you from risk and allows you to act on profitable opportunities.
Addressing the development of programs in two major areas—enterprise risk management and ongoing compliance—Enterprise Risk Management Best Practices provides a simplified explanation of related concepts to help demystify this deceptively easy-to-execute program.
In this hands-on guide, you'll discover how to:
Assign roles and responsibilities through a corporate governance/organizational framework
Use risk management offensively instead of the more common defensive reaction to incident occurrence
Launch a formal company-wide risk assessment executed by the upper echelon staff
Take intelligent risks through a well-designed risk management program
Implement the process with step-by-step, user-friendly directions
Apply the risk assessment process to your financial controls
Use technology effectively in your program
Optimize your company's risk profile with the user-friendly tools and strategies found in Enterprise Risk Management Best Practices.