Enterprise Risk Management: A Methodology for Achieving Strategic Objectives. Gregory Monahan. Wiley.




Enterprise Risk Management: A Methodology for Achieving Strategic Objectives Book Cover Enterprise Risk Management: A Methodology for Achieving Strategic Objectives
Gregory Monahan
Wiley
September 29, 2008
Hardcover
180
9780470372333

Written for enterprise risk management (ERM) practitioners who recognize the value of ERM to their organization, Enterprise Risk Management: A Methodology for Achieving Strategic Objectives thoroughly examines operational risk management, in particular strategic plans, and presents a robust methodology – Strategic Objectives at Risk (SOAR) – that allows professionals a greater chance of success in meeting their strategic objectives and in gaining a better understanding of the factors that influence the outcomes of their actions relating to the management of strategic objectives.

This invaluable reference tool for CFOs, risk managers, and chief strategy officers helps you manage the risks associated with strategic objectives and strategic plans and lays out, step-by-step, the SOAR methodology, prescribing a process for measurement of risk associated with the achievement of strategic objectives that can be applied once these objectives have been defined.

If your organization is on board with ERM but is struggling to determine what an effective ERM framework looks and feels like, this forward-looking book reveals what it takes to execute the SOAR process. As well, if you want to try SOAR as part of your company’s investment analysis, Enterprise Risk Management: A Methodology for Achieving Strategic Objectives clearly shows you how to run the SOAR process, plus the benefits your company will enjoy from it.

ERM expert and SOAR creator Gregory Monahan breaks it all down practically, with discussion of:

  • Defining Enterprise Risk Management
  • Strategic Objectives at Risk (SOAR) – The Methodology
  • Strategic Objectives
  • The At Risk Concept
  • SOAR Process
  • Regulation and Compliance
  • Implementing the SOAR Methodology

Addressing the application of SOAR methodology to the strategic objectives of an organization, Enterprise Risk Management: A Methodology for Achieving Strategic Objectives focuses on the challenges many organizations face in managing the risks associated with attempting to achieve strategic objectives and lays out clear strategies in addressing this complex issue.

Gregory Monahan is a consultant and the former head of risk practice for SAS Australia. His consulting clients include SAS Australia/New Zealand, and the University of New South Wales. While at SAS Australia, he helped define and execute the marketing strategy for risk management products, primarily credit and operational risk. In addition, he helped develop the first version of the SAS Credit Risk Management Solution.