Risk Management (5th Edition)

Description:

Protect the future of the organization. Risk Management (5th Edition) is a comprehensive resource designed to help students understand the complexities of risk in the 21st century. This edition is highly valued for its practical South African perspective, moving beyond simple insurance to cover the broader spectrum of enterprise-wide risk management (ERM).

Why the 5th Edition is a Finance & Management Essential:

• South African Context: Aligned with local corporate governance requirements, including the King IV Report.

• ISO 31000 Standards: Based on the latest international risk management standards, ensuring your skills are globally applicable.

• Operational & Strategic Risk: Covers everything from day-to-day operational failures to high-level strategic threats.

• Practical Application: Includes tools for risk identification, assessment matrices, and mitigation strategies that are used in real South African boardrooms.

Key Topics Covered:

• Risk Identification: Techniques for spotting potential threats before they manifest.

• Risk Assessment: Learning to use the Probability vs. Impact matrix to prioritize risks.

• Risk Financing: Understanding the balance between risk retention (self-insurance) and risk transfer (traditional insurance).

• Corporate Governance: The role of the Board and the Risk Committee in managing organizational health.

• Disaster Recovery: Planning for business continuity in the face of major disruptions.

Key Specifications:

• ISBN-13: 9781485709206

• Author: Jakov Young

• Publisher: Pearson South Africa

• Edition: 5th Edition

• Format: Physical Softcover

Condition Note: This textbook is in excellent condition