Risk-Based Performance Management: Integrating Strategy and Risk Management
- 5h 2m
- Andrew Smart, James Creelman
- Palgrave Macmillan Ltd
- 2013
The world of business has undergone unparalleled change in recent years as a result of dramatic social, economic and political events. Senior managers are faced with a business landscape that bears little resemblance to the world in which they began their careers and are challenged with more risks than ever before.
A new model for management in a new time, this book introduces the Risk-Based Performance Management methodology. This pioneering and practical framework enables senior management to understand, manage and control the risks facing their organizations while exploiting emerging opportunities to gain and maintain competitive advantage. By establishing the wider context of change within business, from the Credit Crunch, the upheaval of the Arab Spring, the uncertainty created by the Euro-zone Crisis and the increasing global influence of social media, the authors explain how and why a revolution is taking place in how organizations are structured, regulated and go to market. This results-focused guide to embedding risk management into strategic and operational decision-making gives executive teams the tools to align their risk-taking to strategy, enabling them to drive sustainable success while operating within appetite.
About the Author
Andrew Smart is CEO and Founder of Manigent, a strategy execution and risk management consulting firm and StratexSystems, a software company which develops an integrated strategy and risk management solution, StratexPoint. He has worked in the field of enterprise performance management and risk management for over 15 years, primarily in the financial services and other regulated industries. He holds an MBA from Henley Business School.
James Creelman is an author, practitioner and advisor specializing in the Balanced Scorecard and enterprise performance management. He is the author of more than 20 book or major research reports, most recently More with Less: Maximizing value in the public sector and Creating a Balanced Scorecard for a Financial Services Organization. James has consulted to public and private sector organizations across the globe and regularly leads both public and in-house training events. He is presently heading the Knowledge and Research Center for Palladium, the world's leading strategy execution consulting and training firm.
In this Book
-
Continuous Turbulent Times: The Case for Risk-Based Performance Management
-
Risk-Based Performance Management: An Explanation of This New Strategic Paradigm
-
RBPM: Integrating Risk Frameworks and Standards with the Balanced Scorecard
-
Defining Strategy: The Question of Appetite
-
Understanding the Relationship between the Three Types of Indicators: KPIs, KRIs and KCIs
-
Managing Performance
-
Managing Risk
-
Aligning Risk-Taking to Strategy
-
Governance
-
Culture and Communication
-
The Enabling Role of Technology
-
Conclusion and Change Roadmap
-
Notes
YOU MIGHT ALSO LIKE
