Risk Management

Managing risk is a skill that extends well beyond the specialists who hold the title of risk professional. This guide is written for managers and directors at every level, who need to grasp what risk is and which tools and processes help them evaluate and handle it well. Rather than getting lost in theory or the technical debates that absorb practitioners, the author presents a clear, organised method suited to people outside the field. Real-life cases appear throughout to illustrate the points.

The book explains how risk connects to a company's business model and walks through the core steps of the risk management process. It compares several ways of assessing risk and sets out how risk relates to strategy, tactics, day-to-day operations and regulatory compliance. Later chapters address how an organisation can develop a culture in which people naturally consider risk, and why governance of risk matters at the top.

Downloadable templates, available through the book's online resources, support the material. They include a risk agenda, a risk response form and a risk communication tool.