Introduction to 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 1 in Enterprise Risk Management in the Fourth Industrial Revolution, 2023, pp 1-10 from Springer

Abstract: Abstract This chapter provides a high-level introduction to enterprise risk management in the fourth industrial revolution. It outlines the nine chapters that are covered in this book. Following the introduction in Chapter 1, the book details the fourth industrial revolution in Chapter 2 . Documenting the fourth industrial revolution, Chapter 2 lays the ground for the chapters that follow. This is followed by Chapter 3 , which examines the technologies of the fourth industrial revolution. This chapter is crucial as it lays the background for understanding what these technologies are, their potential capabilities and the beginning of the experimentation on how some of these technologies could be utilised in the enterprise risk management setting. Furthermore, Chapter 5 of the book looks at the concept of enterprise risk management, whereas Chapter 6 examines the information processing steps and the new capabilities in the enterprise risk setting owing to the capabilities of the fourth industrial revolution technologies to harness, analyse, and integrate information for decision-making and understanding internal and external contexts. In addition, Chapter 7 conceptualises enterprise risk management in the fourth industrial revolution, whilst Chapter 8 maps out the potential role changes in enterprise risk management as a result of the fourth industrial revolution, and Chapter 9 provides the synopsis of enterprise risk management in the fourth industrial revolution.

Date: 2023
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DOI: 10.1007/978-981-99-6307-2_1

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