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A01=Shital Thekdi
A01=Terje Aven
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Enterprise Risk Management

English

By (author): Shital Thekdi Terje Aven

Enterprise Risk Management: Advances on its Foundation and Practice relates the fundamental enterprise risk management (ERM) concepts and current generic risk assessment and management principles that have been influential in redefining the risk field over the last decade. It defines ERM with a particular focus on understanding the nexus between risk, uncertainty, knowledge and performance.

The book argues that there is critical need for ERM concepts, principles and methods to adapt to the latest and most influential risk management developments, as there are several issues with outdated ERM theories and practices; problems include the inability to effectively and systematically balance both opportunity and downside performance, or relying too much on narrow probability-based perspectives for risk assessment and decision-making. It expands traditional loss-based risk principles into new and innovative performance-risk frameworks, and presents fundamental risk principles that have recently been developed by the Society for Risk Analysis (SRA). All relevant statistical and risk concepts are clearly explained and interpreted using minimal mathematical notation. The focus of the book is centered around ideas and principles, more than technicalities.

The book is primarily intended for risk professionals, researchers and graduate students in the fields of engineering and business, and should also be of interest to executive managers and policy makers with some background in quantitative methods such as statistics.

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€56.99
A01=Shital ThekdiA01=Terje AvenAge Group_UncategorizedantifragilityAuthor_Shital ThekdiAuthor_Terje Avenautomatic-updateBlack SwanBlack Swan TypeCategory1=Non-FictionCategory=GPQDCategory=KJCCategory=KNXCCOP=United Kingdomcurrent generic risk assessmentDefeat DeviceDelivery EntitiesDelivery_Delivery within 10-20 working daysdownsideenterprise riskenterprise risk managementeq_business-finance-laweq_isMigrated=2eq_non-fictionERMERM ManagerERM ProcessERM ProgramFAAFacility Energy ConsumptionFarFatal Accident RateFaulty SwitchFederal Aviation AdministrationHSE ManagementIgnition SwitchImprecise Probabilityinfluential risk management developmentsISO DefinitionKnowledge StrengthKPI TargetLanguage_EnglishMajor Risk Sourcesmanagement principlesopportunityPA=AvailablePerformance ResiliencePrice_€50 to €100probabilityPS=Activeresiliencerisk analysisRisk Management Activitiesrisk principlesRisk ProgramrobustnessSecure Information Technology Systemssoftlaunchtask risk managementtraditional loss-based risk principlesuncertaintyUnited States Clean Air Act
Delivery/Collection within 10-20 working days
Product Details
  • Weight: 340g
  • Dimensions: 156 x 234mm
  • Publication Date: 02 Aug 2021
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Language: English
  • ISBN13: 9781032082691

About Shital ThekdiTerje Aven

Terje Aven is Professor of Risk Analysis and Risk Management at the University of Stavanger, Norway. He has recently served as Chair of the European Safety and Reliability Association (ESRA) and as the President of Society for Risk Analysis (SRA) worldwide. He is Editor-in-Chief of the Journal of Risk and Reliability, and Associate Editor for Risk Analysis.

Shital Thekdi is Associate Professor of Management at the University of Richmond, USA.

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