This textbook demonstrates how Enterprise Risk Management creates value in strategic- and decision-making-processes. The author introduces modern approaches to balancing risk and reward based on many examples of medium-sized and large companies from different industries. Since traditional risk management in practice is often an independent stand-alone process with no impact on decision-making processes, it is unable to create value and ties up resources in the company unnecessarily. Herewith, he serves students as well as practitioners with modern approaches that promote a connection between ERM and corporate management. The author demonstrates in a didactically appropriate manner how companies can use ERM in a concrete way to achieve better risk-reward decisions under uncertainty. Furthermore, theoretical and psychological findings relevant to entrepreneurial decision-making situations are incorporated. This textbook has been recommended and developed for university courses in Germany, Austria and Switzerland.
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This textbook demonstrates how Enterprise Risk Management creates value in strategic- and decision-making-processes. Since traditional risk management in practice is often an independent stand-alone process with no impact on decision-making processes, it is unable to create value and ties up resources in the company unnecessarily.
Les mer

Produktdetaljer

ISBN
9783658253561
Publisert
2019
Utgiver
Vendor
Springer Gabler
Vekt
420 gr
Høyde
240 mm
Bredde
168 mm
Aldersnivå
06, P
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
234

Forfatter

Om bidragsyterne

Professor Dr. Stefan Hunziker is Head of the competence center "Risk and Compliance Management" at Lucerne University of Applied Sciences and Arts. Furthermore, he is the Chairman of the Board of Swiss Enterprise Risk Management Association (SwissERM).