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Creating Value Through ERM Process

In: Enterprise Risk Management

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  • Stefan Hunziker

Abstract

This chapter takes you step-by-step through the ERM process. It presents practical challenges using concrete examples. Robust risk scenarios form the basis to challenge management intuition. They offer more rational information on risky decisions. Risk identification and risk assessment are important ERM steps. Yet, risk managers add value with risk-relevant information in decision-making processes. Also, meaningful risk reporting can support decision-making. We complete the chapter with some tips on continuous ERM improvement.

Suggested Citation

  • Stefan Hunziker, 2021. "Creating Value Through ERM Process," Springer Books, in: Enterprise Risk Management, edition 2, chapter 0, pages 53-163, Springer.
    • Handle: RePEc:spr:sprchp:978-3-658-33523-6_3
    DOI: 10.1007/978-3-658-33523-6_3
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