Implementing Enterprise Risk Management: Case Studies and Best Practices

Implementing Enterprise Risk Management provides professional risk managers and educators with in-depth case studies of how organizations are implementing the evolving business science of ERM on a granular level. Authored by thought leaders in the field, the book is a useful companion to a popular Kolb Series volume, Enterprise Risk Management: Todays Leading Research and Best Practices for Tomorrows Executives (Wiley, 2010). The book profiles a variety of organizations, focusing on the macro implementation of ERM, while also addressing how ERM informs the response to specific incidents. Organizations profiled include Lehman Brothers, General Motors, and Saudi Aramco. Surveys have shown that there is a critical need for more detailed real world applications on ERM. The book answers that need by addressing how organizations implement ERM in the face of the cultural, logistical, historical challenges. Moreover, it addresses how organizations bring various silos together by creating a common reporting system and language regarding ERM. The case studies will include questions at the end of the case and teaching notes will be made available for those adopting the cases in higher education courses and executive education.Additional ISBNs: 9781118691960, 1118691962, 9781118745762, 1118745760