Enterprise Risk Management - Straight to the Point: An Implementation Guide Function by Function

I've read "too-many" books on ERM. I believed at the time that I read this book, and remain convinced today, that Straight to the Point" was/is the best of the bunch. The content is clearly and succinctly presented. A complex subject is made as simple as it can be. The steps to implement an ERM framework are well-explained. His examples provide a basis for extending the model to cover large and structurally-complex organizations. I have recommended the book to many colleagues. To date, all have praised the book in a similar fashion. Al has done an outstanding job.

In just 150 pages, the authors provide a direct explanation of ERM with chapters that include:The definition of ERMStrategy of ERMDemocratization of ERMImplementationHuman Resource ElementsFinanceMarketing requirementsBlack Swan ConsiderationsThe authors finish with a practical case study involving a software company and the appendix includes templates for heat maps, risk categories, likelihood and impacts scale, sample risk ID questionnaire and more.The authors break ERM down in relative simple fashion and using the example of guessing how many jelly beans in a jar, the more participation, the more likely to be projecting the answer. Not the end all, but a good beginning.

This book on Enterprise Risk Management provides a clear working framework for understanding how to put together a program from a practical standpoint. Part of the value is the recognition that not all enterprise risk is purely financial, but that other operations departments also create or manage risk that can be disastrous to the organization also. I found this to be a practical guide for establishing an enterprise risk management function particularly for smaller organizations.

Good book.

This is a great book for organizations of all sizes to help educate the broader enterprise on ERM and provide a framework for implementation. The authors have done a great job organizing the material to 'level set' the enterprise. The tools, charts and case studies are helpful and complete. I strongly recommend it.

Well written with a well organized presentation. Very informative.

I bought this book and it's been really helpful in understanding Enterprise Risk Management (ERM). It's an easy read, and is a good resource text. I only wish the authors had expanded the functions covered by the text. Functions covered were Finance, Human Resources, Marketing, Information Technology and Investor Relations. Perhaps, they will do so in future editions. I would buy this book again and recommend to others..

Excellent, user friendly and practical advice. S happy I bought this book which can be applied to a variety of companies in many industries.

Literally straight to the point - this could be a new series brand for the format of this decade - IT professionals appreciate this option for learning material since many of them live in a PowerPoint bulleted world and can fill in the blanks.Great content that is highly appropriate as well. Never before has good governance been more important. The pendulum has finally shifted to appropriate accountabilities in corporate management and it's here to stay for awhile.

Very clear introduction to the area