Advertisement

Enterprise Risk Management

Modern Approaches to Balancing Risk and Reward

  • Stefan Hunziker
Textbook

Table of contents

  1. Front Matter
    Pages i-ix
  2. Stefan Hunziker
    Pages 1-15
  3. Stefan Hunziker
    Pages 17-48
  4. Stefan Hunziker
    Pages 49-162
  5. Stefan Hunziker
    Pages 163-207
  6. Stefan Hunziker
    Pages 209-234

About this book

Introduction

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.

Table of Contents

  • Introduction to ERM
  • Countering Biases in Risk Analysis
  • Creating Value through ERM Process
  • Setting up Enterprise Risk Governance
  • Looking at Trends in ERM
The Author
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).

Keywords

Textbook Risk Management Enterprise Risk Management Risk Management ERM Corporate Governance Risk and Reward Corporate Management ERM Framework Corporate Decision Making Decision Making Strategic Planning Risk Culture Risk Policies Biases in ERM Risk Scenarios Digital Risks Digitization of ERM

Authors and affiliations

  • Stefan Hunziker
    • 1
  1. 1.RotkreuzSwitzerland

Bibliographic information

Industry Sectors
Finance, Business & Banking