Risk management is not just a topic for risk professionals. Managers, business owners and directors at all levels must be equipped with an understanding of risk and the tools and processes required to assess and manage it successfully.
Risk Managementoffers a practical and structured approach while avoiding jargon, theory and many of the complex issues that preoccupy risk management practitioners but have little relevance for non-specialists. Risk professional Paul Hopkin covers: the nature of risk; the relevance of risk management to the business model; essential elements of the risk management process; different approaches to risk assessment; strategy, tactics, operations and compliance requirements; how to build a risk-aware culture; and the importance of risk governance.
With online templates that allow managers to adopt an approach that is proportionate to the size, nature and complexity of their organization, this is a straightforward and engaging guide to the practice and the benefits of good risk management.
Paul Hopkinis currently Technical Director at the Institute of Risk Management, having held the same role at the Association of Insurance and Risk Managers (AIRMIC) for nine years. He was previously Director of Risk Management for The Rank Group Plc and before that Head of Risk Management at the BBC. He is also the author ofThe Fundamentals of Risk Management(Kogan Page).
List of Figures
Preface
Acknowledgements
Introduction
Part I Risk agenda
Importance of the risk agenda
Scope of the risk agenda
Key messages for Part I
1 Relevance of the risk agenda
Definitions and types of risk
Compiling a risk description
Scope of risk management activities
Establishing the risk agenda
2 Drivers of risk management
Risk management drivers
Business development model
3 Features of risk management
![Risk Management [Paperback]](/itemImage/2/2/4/5/2_1477852.jpg)