Pulling together into a single framework the two separate disciplines of strategy management and risk management, this book provides a practical guide for organizations to shape and execute sustainable strategies with full understanding of how much risk they are willing to accept in pursuit of strategic goals.Table of Figures Living in Turbulent Times: the Need for Risk-based Performance Management Risk-Based Performance Management, an Explanation of this New Strategic Paradigm Risk-Based Performance Management, a Roadmap for Delivering this New Strategic Paradigm Clarify Strategy Operationalize Change Embed the Change (formerly known as 'Monitor and Analyse Results') Model Future Uncertain Ensuring a Risk-based Performance Culture The Crucial Role of Technology Conclusion and Call to Action
'This is the best handbook I have read on Risk Based Performance Management It equips the manager with the knowledge, tools and road maps to successfully develop and implement RBPM in their organization'
?Kieran Rigby, CEO, GAB Robins Group, United Kingdom
'Grounded in compelling research and rich practical experience, readers and their organizations will gain greatly from their insights.'
?Brian Brodie, Former CEO, Homeloan Management Limited, United Kingdom
'Risk management has been often overlooked in strategy literature despite its immense importance. Smart and Creelman argue convincingly why, and in the light of recent crises, risk management and strategy should be integrated and show how.'
?Professor Hasan Cavusoglu, Ph.D. Sauder School of Business, Canada
'Not only an essential read but a necessary culture for any business attempting to compete and succeed post the financial crisis era.'
?Amer Shashati, Enterprise Risk Consultant, Saudi Telecom Group, Saudi Arabia
'We cannot pursue, and l£¡