Risk Management provides a straightforward but structured approach to risk management; a practical guide geared towards the needs of managers and owners of SMEs, but relevant to managers at all levels.
Risk management is not just a topic for risk professionals. Managers and directors at all levels must be equipped with an understanding of risk and the tools and processes required to assess and manage it successfully. Risk Management offers a practical and structured approach while avoiding jargon, theory and many of the complex issues that preoccupy risk management practitioners but have little relevance for non-specialists. Supported by online templates and with real-life examples throughout, this is a straightforward and engaging guide to the practice and the benefits of good risk management. Coverage includes: the nature of risk; the relevance of risk management to the business model; essential elements of the risk management process; different approaches to risk assessment; strategy, tactics, operations and compliance requirements; how to build a risk-aware culture; and the importance of risk governance.
Online supporting resources for this book include downloadable templates including risk agenda, risk response and risk communication.
Paul has brought together some very useful and practical risk management guidance, for business leaders and managers of small and medium sized companies, to enhance and protect business performance over the long term. It is a treasure trove of ideas and concepts.
John Ludlow, SVP Global Risk Management IHG
Paul Hopkin brings decades of experience in the application of the key principles and the practice of risk management... All managers with operational responsibilities, not just risk managers, will find a great deal of useful material in this book. Other senior managers, even Board members, will also find much to learn in the chapters covering risk communication and risk governance.
Alan Punter, Visiting Professor in Risk Financing, Cass Business School
Well structured, with checklists, text boxes, diagrams, further reading references and lots of examples, this book is a joy to read, either cover-to-cover or dipping into it as an introduction to the subject.
Steve Fowler, Chief Executive of the Institute of Risk Management
This practical guide to risk management will serve as a useful map for any risk manager seeking to enhance business and performance through the various pillars of the practice. In this, Paul Hopkin's second title published by Kogan Page (following Fundamentals of Risk Management), his jargon-free account of the nature of risk and of its relevance to the business model takes the reader on a comprehensive journey from risk assessment, through to response, communication and governance; advocating a proactive and appropriate treatment of risk throughout.
Deborah Ritchie, Continuity, Insurance & Risk Magazine
Paul Hopkin is Technical Director at the Association of Insurance and Risk Managers (AIRMIC) and a Fellow of the Institute of Risk Management. He was previously Director of Risk Management for The Rank Group Plc and prior to that Head of Risk Management at the BBC. He is regular speaker at conferences across the world on a range of risk management topics and author of the classic IRM textbook, Fundamentals of Risk Management, also published by Kogan Page.
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