Risk Management

A jargon-free guide on the nature of risk and its relevance to the business model Encourages the reader to feel confident in adopting a proactive and appropriate treatment of risk Supported throughout by real-life examples, checklists and case studies for risk measurement and analysis Shows the reader how to reduce the frequency and severity of possible loss events and to put contingency plans in place to cope with them Sets out a simple, practical approach to risk management, making it relevant by setting it within the context of an integrated set of activities

Risk Management provides a straightforward but structured approach to risk management; a practical guide geared towards the needs of managers and owners of SMEs, but relevant to managers at all levels.Risk management is not just a topic for risk professionals. Managers 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 Management offers 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. Supported by online templates and with real-life examples throughout, this is a straightforward and engaging guide to the practice and the benefits of good risk management. Coverage includes: 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. Online supporting resources for this book include downloadable templates including risk agenda, risk response and risk communication.