Designed for students and professionals, this introduction to the management of commercial and business risk features application examples from the public and private sectors. The book starts
off with a review of basic concepts of risk and risk reduction, then covers risk management strategy and policy, and the emergence of risk management as a profession. The next three sections
concentrate on the application of risk management tools and techniques in areas such as risk assessment, risk classification and analysis, options for responding to risk, risk governance, and
the relationship between risk management and the business model. The book’s final section treats risk assurance and risk reporting. In addition to many checklists and summary tables, the book
contains a step-by-step implementation guide. This second edition has been revised to reflect the influence of ISO 31000 and the use of the bow-tie method for illustrating risk management.
There is a new chapter on required skills of risk managers. Hopkin is affiliated with the Association of Insurance and Risk Managers. Annotation ©2012 Book News, Inc., Portland, OR
(booknews.com)
