Risk Frameworks: Models, Designs and Implementation

By Martin Davies

GRC (Governance, Risk Management and Compliance) is the little acronym that has become the shorthand watchword for how large organizations of all kinds structure the elements that make up their approach to risk. Articulating the acronym still leaves the challenge of designing, implementing and monitoring an effective operational framework to manage these three elements. Martin Davies' Risk Frameworks is a comprehensive guide to the elements within the framework and they correlation one to another; as well as to the models and processes that enable organizations to design and test risk management strategies and solutions. The author provides a battery of risk tools: flow charts, dashboards, statistical tables, mathematical formulae with a plenty of explanation and sound good advice. For risk managers and analysts, the challenge is how to communicate risk and governance to a lay audience; for non-specialists, it is learning how to operate safely with a sense of risk in their daily work. Risk Frameworks is written for organizations who must managing risk effectively, as a fundamental of business survival, balancing the complexity of GRC with the need to create a sensible level of risk awareness across all levels of the business.

• Format: Hardcover
• Language: English
• ISBN: 1472430611
• ISBN13: 9781472430618
• Release Date: December 2023
• Publisher: Routledge