Creating Value Through ERM Process

Stefan Hunziker ()

Chapter Chapter 3 in Enterprise Risk Management, 2019, pp 49-162 from Springer

Abstract: Summary This chapter takes you step by step through the ERM process and presents practical challenges using concrete examples. Robustly developed risk scenarios can challenge management intuition with more rational information on risky decisions. In addition to risk identification and risk assessment, the integration of risk-relevant information into decision-making processes is a key element of value-creating risk management. Level-appropriate, integrated risk reporting suggestions and concepts for continuous improvement of ERM quality complete this chapter.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-658-25357-8_3

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DOI: 10.1007/978-3-658-25357-8_3

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