The third volume of The FERMA-rimap Series defines approaches to modelling uncertainty and helps readers distinguish between simple, complex and matrix organisational structures, and explores operational risk management.
The need to manage risk is increasingly featured in legislation and regulations. Simultaneously the need to integrate risk management into general management practices of organisations is fast becoming a key objective for all stakeholders. In addition, the drive to improve corporate governance is compelling organisations to examine the manner in which they manage risks and operational and strategic levels
The third volume of The FERMA-rimap Series defines approaches to modelling uncertainty and helps readers distinguish between simple, complex and matrix organisational structures, and explores operational risk management.
All risk professionals have a duty to remain updated with the evolution of the risk landscape. The FERMA-rimap Series serves as a proactive, continuous and dynamic learning and research platform to respond to risk managers’ present and future educational and professional needs. The volumes set crucial standard taxonomy for European Risk Professionals and an essential reading for students aspiring to gain a qualification in Risk Management.
Chapter
1. Uncertainty modelling
Chapter
2. Present value, portfolio approach and efficient frontier
Chapter
3. Corporate social responsibility
Chapter
4. Communication, consultation, corporate governance and the role of the board
Chapter
5. Risk monitoring and reviewing
Chapter
6. Risk reporting
Chapter
7. Operational risk management
Chapter
8. Supply chain risk management
Chapter
9. Project management
Chapter
10. Mergers and acquisition
Chapter
11. Cyber security and managing cyber risks
Chapter
12. Managing terrorism risks
Chapter
13. Reputation
Chapter
14. Emerging and future risks
Chapter
15. Emerging issues in risk management
FERMA was established in 1974 under the name of the European Association of Industrial Insureds (AEAI) as an international association with the aim of representing the interests of commercial insurance buyers and exchanging ideas and experiences. Today, FERMA brings together 22 risk management associations in 21 European countries and represents more than 4,800 risk managers across a wide range of business sectors, from major industrial and commercial companies to financial institutions and local government bodies. FERMA provides the means of co-ordinating risk management and optimising the impact of its membership associations outside their national boundaries on a European level. FERMA promotes communication among its members and also within IFRIMA (International Federation of Risk and Insurance Management Associations), of which FERMA is a member.