Mastering ERM Across Industries (Case Studies)

Chuen Fei Lee, Sean Sik Lung Chan and Andeed Ma

Chapter 4 in Everyone is a Risk Manager:Mastering Enterprise Risk Management Across Industries, 2026, pp 79-214 from World Scientific Publishing Co. Pte. Ltd.

Abstract: In today’s rapidly evolving business landscape, risk management is no longer confined to the boardroom or the domain of specialized professionals— it is a shared responsibility that permeates every level of an organization, “Everyone is a Risk Manager”. Mastering Enterprise Risk Management (ERM) Across Industries delves into this critical discipline through a series of insightful case studies spanning diverse sectors, from healthcare and finance to manufacturing and technology. By examining real-world scenarios, this chapter underscores the universal relevance of risk management and reinforces the principle that everyone is a risk manager. Whether you are a front line employee, a mid-level manager, or a C-suite executive, these case studies equip you with the tools, strategies, and mindset needed to identify, assess, and mitigate risks effectively in the context of the respective Sectors, ensuring resilience and sustainable success in an unpredictable world.

Keywords: ERM; Enterprise Risk Management; Strategic; Operational; Financial; Project Risk Management; PRM; SS ISO31000; SS ISO31073; SS IEC 31010; Risk-Based; Practical; Risk Assessment; Treatment; Communication; Monitoring; Case Studies; Real Life Examples of ERM Practices; Gen AI for Risk Manager; Aviation; Chemical; Education; Power; Energy; Hospitality; Financial Services; Healthcare; Human Capital; Legal; Governance; IT; OT; Cybersecurity; Insurance; Sustainability; Utilities (search for similar items in EconPapers)
JEL-codes: G32 L21 L26 M1 M13 M16 (search for similar items in EconPapers)
Date: 2026
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