Managing Business Risk: A Practical Guide to Protecting Your Business
Kogan Page Publishers, 2005 - Business & Economics - 226 pages
The effective management of risk is now a key boardroom issue. Companies realise that, while financial integrity and business continuity are still of primary importance, these must be considered alongside practical business risks, such as branding and reputation, employment practices, product liability, health and safety, fraud, intellectual property, customer loyalty and supply chains. Problems in any of these areas can undermine prospects for creating value and delivering earnings to forecast. To manage business risks it is imperative that a company's board is structured to provide clear controls on risks and to deliver transparent reporting to stakeholders. Passively complying with rules and regulations is no longer an option. The second edition of this practical guide to potential areas of risk within a business contains invaluable advice for directors of both large and small companies, bringing readers up to speed with the latest thinking and techniques for managing risk in a structured and integrated way.
What people are saying - Write a review
We haven't found any reviews in the usual places.
approach areas assets behaviour benefits best practice business continuity business continuity plan business risks Cadbury Report cent change programmes clients Combined Code Company Law competition law consultant Control Risks Group corporate governance cost credit risk data protection directors DJSI driver effective employees employment ensure environment Environment Agency Ernst & Young example firm flood global health and safety identify impact implementation increased industry information security intellectual property investment involved issues KSB Law liquidity risk loss major accident management systems measures monitoring non-executive objectives off-site data protection operational risk organization organization's pension potential procedures reduce Regulations responsibility risk and control risk assessment risk management role scheme scorecard sector senior management shareholders staff stakeholders strategy suppliers supply chain third party tion Turnbull Report