Description
Book SynopsisIntroduces a range of tools for risk evaluation, risk response and risk governance. This book looks at management of risk to operations across industries, professional disciplines and history to help operations risk leaders become aware of the entire landscape of proven experience, not just their own conference room.
Table of ContentsAbout the Author Acknowledgements Preface Foreword-Marshall Carter on Plan B Thinking Introduction Touchstones to Keep Focus on Efficiency and Effectiveness 'Been There, Done That'-the Voice of Experience Bringing it Together Part 1. Evaluating Risk 1.1. Lighting up 'Dark Corners' 1.2. Know the Business: evaluating the environment and the enterprise 1.3. The Right Tool for the Right Risk Type 1.4. Seeking Scenarios: providing more power to see-the 'why' and 'what' 1.5. Creating More Robust Scenarios More Easily-the 'how' 1.6. Evaluating Scenario Quality and Avoiding Bias 1.7. Creating Insightful Single Sources of Risk Information 1.8. Capital Estimates: Trips, Traps and Pitfalls 1.9. Capital and Performance Incentives 1.10. Watch for Warnings 1.11. Key Insights for Evaluating Risk Part 2. Responding to Risks 2.1. Responding to Risk: managing options, finding balance, creating levers 2.2. Prioritizing Improvements 2.3. Strengthening the Institution in its Environment 2.4. Improving Control Capability 2.5. Improving Product Management and Fraud Prevention 2.6. Improving IT-related Business Risk Management 2.7. React and Recover-Right Action at the Right Time 2.8. Key Insights for Responding to Risk Part 3. Oversight of Risk Management 3.1. Oversight of Risk Management 3.2. Four Functions of a Governor 3.3. Key Insights for Oversight and Governing Risk Part 4. You in Your Institution 4.1. Overcoming Barriers to Better Risk Management 4.2. Your Questions for the Board of Directors 4.3. Conclusion: your opportunity to make a difference Index
