By Thompson, CliveBy Hopkin, Paul
Effective risk management allows opportunities to be maximized and uncertainty to be minimized. This guide for emerging professionals provides a comprehensive understanding of risk management with tools, tips and tactics on how to offer expert insights and drive success. Fundamen...tals of Risk Management is a detailed and comprehensive introduction to commercial and business risk for students and risk professionals. Completely aligned with ISO 31000 and COSO ERM Framework, this book covers the key principles of risk management and how to deal with different types of risks organizations face. The frameworks of business continuity planning, enterprise risk management, project risk management are covered alongside an overview of international risk management standards and frameworks, strategy and policy. The revised sixth edition includes updates throughout as well as providing new content on emerging trends such as cyber risk, black swan events and climate risk. Supported by relevant international case examples including Ericsson, Network Rail and Unilever, this book provides a full analysis of changes in contemporary risk areas including supply chain, risk culture and appetite, improvements in risk management documentation and statutory risk reporting. Online supporting resources include lecture slides with figures, tables and key points from the book.Read more
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Clive Thompson was founding Chair of the Professional Standards and the Interest Group Committees of the Institute of Risk Management where he served on the board and was Deputy Chair until 2020. Based in West Sussex, UK, he has been a risk manager and consultant delivering projects globally. He is a Certified Fellow of the IRM. Paul Hopkin was Technical Director at the Institute of Risk Management (IRM) and held the same role at Airmic. He was previously Director of Risk Management for The Rank Group and prior to that Head of Risk Management at the BBC. He is a Certified Fellow of the IRM. The IRM is a world leading professional body for risk management, driving excellence in managing risk to ensure organizations are ready for opportunities and threats of the future.
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