Synopsis of the Enterprise Risk Management in the Fourth Industrial Revolution

Tankiso Moloi () and Tshilidzi Marwala ()
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Tankiso Moloi: University of Johannesburg, Johannesburg Business School
Tshilidzi Marwala: United Nations University

Chapter Chapter 9 in Enterprise Risk Management in the Fourth Industrial Revolution, 2023, pp 87-100 from Springer

Abstract: Abstract This book examined enterprise risk management in the fourth industrial revolution. It did this by providing a broader introduction of the fourth industrial revolutionindustrial revolutions and the enterprise risk management in Chapter 1 . A detailed account of what the fourth industrial revolutionfourth industrial revolution (4IR) is and what it is not was carried out in Chapter 2 . Documenting the fourth industrial revolutionfourth industrial revolution (4IR) laid the ground for Chapter 3 , which examined the technologies of the fourth industrial revolutionfourth industrial revolution (4IR). Capabilitiescapabilities of these technologies were discussed. Furthermore, this chapter postulated on how these technologies could be utilised in enterprise risk managemententerprise risk management (ERM) setting. Chapter 4 attended to the concept of enterprise risk managemententerprise risk management (ERM), and Chapter 5 discussed stakeholdersstakeholder in enterprise risk managemententerprise risk management (ERM). The discussions in Chapter 5 highlighted the typical information the stakeholdersstakeholder will be responsible for and their role in integrating risk management information. In Chapter 6 , information processinginformation processing steps and the new capabilitiescapabilities in the enterprise risk setting necessitated by the capabilitiescapabilities of the fourth industrial revolutionfourth industrial revolution (4IR) technologies in harnessing, analysing and integrating information for decision-making and understanding internal and external contexts were discussed. Chapter 7 conceptualised enterprise risk managemententerprise risk management (ERM) in the fourth industrial revolutionfourth industrial revolution (4IR), whilst Chapter 8 mapped out the potential role changes in enterprise risk managemententerprise risk management (ERM) as a result of the fourth industrial revolutionfourth industrial revolution (4IR).

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-6307-2_9

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DOI: 10.1007/978-981-99-6307-2_9

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