Standardization and Risk Governance

Standardization and Risk Governance PDF Author: Odd Einar Olsen
Publisher: Routledge
ISBN: 1000731510
Category : Political Science
Languages : en
Pages : 279

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Book Description
This multi-disciplinary book conceptualizes, maps, and analyses ongoing standardization processes of risk issues across various sectors, processes, and practices. Standards are not only technical specifications and guidelines to support efficient risk governance, but also contain social, political, economic, and organizational aspects. This book presents a variety of standardization processes and applications of standards that may influence our judgements of risk, the organizing of risk governance, and, accordingly, our behaviour. Standardization and standards can impact risk governance in different ways. The most important lessons drawn from the present volume can be summarized in three areas: (1) how standardization might impact on power relations and interests; (2) how standardization may change flexibility in decision-making, communication, and cooperation; and (3) how standardization could (re)direct attention and risk perception. The volume’s aim is to present an analysis of standardization processes and how it affects our thinking about risk, how we organize risk governance, and how standardization may influence risk management. In so doing, it contributes to a more informed discourse regarding the use of standards and standardization in contemporary risk management. Standardization and Risk Governance will be of great interest to students of risk, standardization, global governance, and critical security studies.

Standardization and Risk Governance

Standardization and Risk Governance PDF Author: Odd Einar Olsen
Publisher: Routledge
ISBN: 1000731510
Category : Political Science
Languages : en
Pages : 279

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Book Description
This multi-disciplinary book conceptualizes, maps, and analyses ongoing standardization processes of risk issues across various sectors, processes, and practices. Standards are not only technical specifications and guidelines to support efficient risk governance, but also contain social, political, economic, and organizational aspects. This book presents a variety of standardization processes and applications of standards that may influence our judgements of risk, the organizing of risk governance, and, accordingly, our behaviour. Standardization and standards can impact risk governance in different ways. The most important lessons drawn from the present volume can be summarized in three areas: (1) how standardization might impact on power relations and interests; (2) how standardization may change flexibility in decision-making, communication, and cooperation; and (3) how standardization could (re)direct attention and risk perception. The volume’s aim is to present an analysis of standardization processes and how it affects our thinking about risk, how we organize risk governance, and how standardization may influence risk management. In so doing, it contributes to a more informed discourse regarding the use of standards and standardization in contemporary risk management. Standardization and Risk Governance will be of great interest to students of risk, standardization, global governance, and critical security studies.

The Standard for Risk Management in Portfolios, Programs, and Projects

The Standard for Risk Management in Portfolios, Programs, and Projects PDF Author: Project Management Institute
Publisher: Project Management Institute
ISBN: 1628255668
Category : Business & Economics
Languages : en
Pages : 218

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Book Description
This is an update and expansion upon PMI's popular reference, The Practice Standard for Project Risk Management. Risk Management addresses the fact that certain events or conditions may occur with impacts on project, program, and portfolio objectives. This standard will: identify the core principles for risk management; describe the fundamentals of risk management and the environment within which it is carried out; define the risk management life cycle; and apply risk management principles to the portfolio, program, and project domains within the context of an enterprise risk management approach It is primarily written for portfolio, program, and project managers, but is a useful tool for leaders and business consumers of risk management, and other stakeholders.

Risk Governance

Risk Governance PDF Author: Elizabeth Sheedy
Publisher: Routledge
ISBN: 100039560X
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
Biases, blind spots and bonuses (or incentives more broadly) have led to numerous risk management disasters. Risk governance is a potential solution to these problems yet is not always as effective as we would like it to be. One reason for that is the current dearth of risk governance expertise. This book seeks to address this issue, providing: Understanding of the fundamental forces that cause disasters: the biases, blind spots and bonuses. This understanding is drawn from the disciplines of economics/finance and psychology; Explanation of the structures of risk governance and common challenges experienced in their use e.g. board risk committee, risk/compliance function, assurance function, risk appetite statement, risk disclosures; Thorough investigation of risk culture and its importance in risk governance, including the assessment of risk culture; Understanding of the mechanisms of executive compensation and how they link to risk management – one of the most difficult challenges confronting both risk and remuneration committees; Explanation of the risk management process (based on international standards ISO31000), including practical guidance on risk communication, analysis and treatment; Guidance on the management of strategic risk, emphasising the importance of scenario analysis; Application of these principles to cyber risk, climate risk – two pervasive risks affecting almost every organisation; Numerous case studies and examples drawn from various industries around the world; and Discussion of what has been learned about risk governance from the COVID-19 experience. The book is an essential guide for postgraduate students; participants in professional education programs in governance and risk management; directors; senior executives; risk, compliance and assurance professionals as well as conduct and prudential regulators worldwide.

Governance and Risk

Governance and Risk PDF Author: George S. Dallas
Publisher: McGraw Hill Professional
ISBN: 9780071429542
Category : Business & Economics
Languages : en
Pages : 638

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Book Description
· Brings together diverse country environments in a common analytical framework.

Global Risk Governance

Global Risk Governance PDF Author: Ortwin Renn
Publisher: Springer Science & Business Media
ISBN: 1402067992
Category : Technology & Engineering
Languages : en
Pages : 386

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Book Description
The establishment of the International Risk Governance Council (IRGC) was the direct result of widespread concern that the complexity and interdependence of health, environmental, and technological risks facing the world was making the development and implementation of adequate risk governance strategies ever more difficult. This volume details the IRGC developed and proposed framework for risk governance and covers how it was peer reviewed as well as tested

Risk Management and Governance

Risk Management and Governance PDF Author: Terje Aven
Publisher: Springer Science & Business Media
ISBN: 3642139264
Category : Science
Languages : en
Pages : 284

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Book Description
Risk is a popular topic in many sciences - in natural, medical, statistical, engineering, social, economic and legal disciplines. Yet, no single discipline can grasp the full meaning of risk. Investigating risk requires a multidisciplinary approach. The authors, coming from two very different disciplinary traditions, meet this challenge by building bridges between the engineering, the statistical and the social science perspectives. The book provides a comprehensive, accessible and concise guide to risk assessment, management and governance. A basic pillar for the book is the risk governance framework proposed by the International Risk Governance Council (IRGC). This framework offers a comprehensive means of integrating risk identification, assessment, management and communication. The authors develop and explain new insights and add substance to the various elements of the framework. The theoretical analysis is illustrated by several examples from different areas of applications.

Governance, Risk, and Compliance Handbook

Governance, Risk, and Compliance Handbook PDF Author: Anthony Tarantino
Publisher: John Wiley & Sons
ISBN: 047009589X
Category : Business & Economics
Languages : en
Pages : 1044

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Book Description
Providing a comprehensive framework for a sustainable governance model, and how to leverage it in competing global markets, Governance, Risk, and Compliance Handbook presents a readable overview to the political, regulatory, technical, process, and people considerations in complying with an ever more demanding regulatory environment and achievement of good corporate governance. Offering an international overview, this book features contributions from sixty-four industry experts from fifteen countries.

Governance, Risk Management, and Compliance

Governance, Risk Management, and Compliance PDF Author: Richard M. Steinberg
Publisher: John Wiley & Sons
ISBN: 1118024303
Category : Business & Economics
Languages : en
Pages : 339

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Book Description
An expert's insider secrets to how successful CEOs and directors shape, lead, and oversee their organizations to achieve corporate goals Governance, Risk Management, and Compliance shows senior executives and board members how to ensure that their companies incorporate the necessary processes, organization, and technology to accomplish strategic goals. Examining how and why some major companies failed while others continue to grow and prosper, author and internationally recognized expert Richard Steinberg reveals how to cultivate a culture, leadership process and infrastructure toward achieving business objectives and related growth, profit, and return goals. Explains critical factors that make compliance and ethics programs and risk management processes really work Explores the board's role in overseeing corporate strategy, risk management, CEO compensation, succession planning, crisis planning, performance measures, board composition, and shareholder communications Highlights for CEOs, senior management teams, and board members the pitfalls to avoid and what must go right for success Outlines the future of corporate governance and what's needed for continued effectiveness Written by well-known corporate governance and risk management expert Richard Steinberg Governance, Risk Management, and Compliance lays a sound foundation and provides critical insights for understanding the role of governance, risk management, and compliance and its successful implementation in today's business environment.

Measuring and Managing Information Risk

Measuring and Managing Information Risk PDF Author: Jack Freund
Publisher: Butterworth-Heinemann
ISBN: 0127999329
Category : Computers
Languages : en
Pages : 411

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Book Description
Using the factor analysis of information risk (FAIR) methodology developed over ten years and adopted by corporations worldwide, Measuring and Managing Information Risk provides a proven and credible framework for understanding, measuring, and analyzing information risk of any size or complexity. Intended for organizations that need to either build a risk management program from the ground up or strengthen an existing one, this book provides a unique and fresh perspective on how to do a basic quantitative risk analysis. Covering such key areas as risk theory, risk calculation, scenario modeling, and communicating risk within the organization, Measuring and Managing Information Risk helps managers make better business decisions by understanding their organizational risk. Uses factor analysis of information risk (FAIR) as a methodology for measuring and managing risk in any organization. Carefully balances theory with practical applicability and relevant stories of successful implementation. Includes examples from a wide variety of businesses and situations presented in an accessible writing style.

Responsible Investment Banking

Responsible Investment Banking PDF Author: Karen Wendt
Publisher: Springer
ISBN: 3319103113
Category : Business & Economics
Languages : en
Pages : 674

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Book Description
This book provides evidence on the relevance of environmental and social factors in decision making. It discusses the Gold Standard Frameworks for integrating extra-financial risks into the philosophy, culture, strategies, products and value chain management procedures of investment and banking and highlights the current emergence of global administrative law. New emerging topics like positive impact investing and finance, climate friendly markets, human rights, the enhanced role of fiduciary duties and shared values are approached with a lot of examples for practical application. Steps towards a new banking culture, a new climate for double loop learning and sustainable financial innovation are outlined and the additional benefits of robust stakeholder engagement explained. The anthology paves the way from robust impact and risk management to positive impact creation and a new investment culture. As well, challenges for the implementation and ways to overcome them are broadly discussed. The book is rooted in the fact that institutions and investors which fail to professionally integrate the management of extra-financial risk into their whole lending and investment chain and fail to move to positive impact creation may well loose positions and mandates and finally the trust of their clients, partners and stakeholders. The contributing authors of this anthology are internationally renowned experts in the field of ESG and impact investing. The compendium brings together practitioners and academics to allow a confluence of thoughts, concepts and viewpoints. This huge variety of perspectives and approaches makes this volume a comprehensive compendium on responsible investment and banking.