Risk management is not just a topic for risk professionals. Managers and directors at all levels must be equipped with an understanding of risk and the tools and processes required to assess and manage it successfully. Risk Management offers a practical and structured approach while avoiding jargon, theory and many of the complex issues that preoccupy risk management practitioners but have little relevance for non-specialists. Supported by online templates and with real-life examples throughout, this is a straightforward and engaging guide to the practice and the benefits of good risk management. Coverage includes: the nature of risk; the relevance of risk management to the business model; essential elements of the risk management process; different approaches to risk assessment; strategy, tactics, operations and compliance requirements; how to build a risk-aware culture; and the importance of risk governance.
Online supporting resources for this book include downloadable templates including risk agenda, risk response and risk communication.
Paul Hopkin is Technical Director at the Association of Insurance and Risk Managers (AIRMIC) and a Fellow of the Institute of Risk Management. He was previously Director of Risk Management for The Rank Group Plc and prior to that Head of Risk Management at the BBC. He is regular speaker at conferences across the world on a range of risk management topics and author of the classic IRM textbook, Fundamentals of Risk Management, also published by Kogan Page.