Risk Management: 10 Principles

The importance of risk management has increased due to recent global developments, and Risk Management: 10 Principles is aimed at small- and medium-sized enterprises to help them establish a practical and holistic risk management system. The book covers modern topics such as COVID-19 and increased risk in supply chains, and includes case studies and self-reflection questions. It is also useful for non-experts who need to establish a workable risk management system in smaller business units.

Format: Paperback / softback
Length: 114 pages
Publication date: 29 December 2023
Publisher: Taylor & Francis Ltd

The world has undergone a significant transformation in recent years, impacting the way businesses operate and social interactions occur. It has become increasingly crucial to adopt a comprehensive approach to managing risks across various aspects of an organization. Risk Management: 10 Principles, specifically designed for small- and medium-sized enterprises (SMEs), which constitute the majority of business units worldwide, provides a comprehensive guide to identifying and mitigating significant risk factors. This updated edition, which has been in print for over 20 years, emphasizes a practical and holistic approach to risk management, focusing on practical strategies for identifying potential risks and developing effective management plans.

The book addresses modern topics such as the shift to remote work due to the COVID-19 pandemic and the heightened risks in supply chains. It includes case studies and self-reflection questions to facilitate learning and application of the risk management principles. Additionally, downloadable checklists are available to assist readers in focusing on specific areas of their businesses. The text is written in a readable and engaging style, aimed at helping non-experts establish a functional risk management system across their organizations, particularly in smaller business units where dedicated risk management professionals are not available.

The book has been restructured and reordered to ensure its relevance in today's business landscape. It is tailored for individuals working in SMEs, business consultants assisting client companies, and as an introductory resource for those new to the field of risk management, including safety and environmental consultants, as well as students pursuing occupational health and safety and environmental studies courses. By embracing a broader perspective on risk management, businesses can position themselves for success in an ever-changing global environment.

Weight: 212g
Dimension: 154 x 234 x 11 (mm)
ISBN-13: 9781032520964
Edition number: 2 ed