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: Hardback
Length: 114 pages
Publication date: 29 December 2023
Publisher: Taylor & Francis Ltd

The world has witnessed significant transformations in recent years, reshaping the landscape of conducting businesses and engaging in social transactions. In this ever-evolving context, it has become paramount to adopt a broader perspective when managing risks across various aspects of an organization. Particularly relevant to small- and medium-sized enterprises (SMEs), which constitute the majority of business units worldwide, Risk Management: 10 Principles offers a comprehensive guide to identifying and mitigating the ten critical risk factors that every business must consider when establishing a robust risk management system.

This invaluable resource, first published over two decades ago, has been thoroughly revised and updated to reflect the latest developments and challenges. With a focus on practicality and holistic risk management, the book guides.

In this revised edition, readers will find a wealth of information on emerging topics such as the shift to remote work due to the COVID-19 pandemic, heightened risks in supply chains, and numerous other contemporary challenges. Throughout the text, case studies and self-reflection questions are interspersed, providing practical insights and prompting thoughtful discussions. Additionally, downloadable checklists are available to assist readers in focusing on specific areas of the business.

Written in a clear and engaging style, this book aims to empower non-experts to establish a workable risk management system across all departments of their organization, particularly in smaller business units where dedicated risk management professionals may not be present. Whether you are a business consultant working with client companies, an SME owner, or a newcomer to the field of risk management, this book will serve as a valuable resource.

The content has been restructured and reordered to ensure it remains current and relevant to the needs of today's readers. It is tailored to those working in SMEs, business consultants, and students pursuing occupational health and safety and environmental studies courses. By embracing a comprehensive and proactive approach to risk management, organizations can navigate the complexities of the modern business world with greater confidence and resilience.

Weight: 390g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032522302
Edition number: 2 ed