Description
Taylor and Francis Ltd Agile Enterprise Risk Management 1st Edition 2022 Hardbound by Wiener, Howard M.
In the VUCA (Volatile, Uncertain, Complex and Ambiguous) world in which we are currently operating the rapid evolution of forces acting on your company, such as technology, are driving continual change to the degree that you will need to be prepared to evolve and transform again and again to keep pace. There is no single target end-state that you can reach that will allow you to take an extended breather. The chances are, you will have to change course, maybe more than once, while executing any substantial transformation you undertake.If your company is to be sustainable, you will need to perform a Digital Transformation and prepare yourself to manage the numerous, varied and changing risks that go along with it. Authorities on risk management, such as ISO, COSO, OMB and NIST, focus more on what Risk Management should look like once it's in place than they do on how to get there. They generally leave it up to companies to determine how to organize and implement it, themselves.Agile Enterprise Risk Management is the discipline you will need to meet this challenge. Managing risks while transforming a company to enable continuous adaptation are substantial, and AERM practices are an evolutionary step away from traditional Risk Assessment, Risk Management and Risk Assurance. The value that Agile Enterprise Risk Management provides is guidance as to how to achieve accelerated RM while continuing to comply with relevant standards.Although you are now faced with the challenge of performing two transformations simultaneously, it is feasible if you are willing to do it. It is quite possible that you are already doing a lot of what you need to do to succeed at this. Digital transformation and AERM adoption are symbiotic-both require common management disciplines, which must be implemented and exercised in a manner consistent with running a digital business, to be successful. This book provides a road map to achieving this. AcknowledgementsAbout this BookIntroduction1. Context-Covid, BLM and Upheaval2. Enterprise Risk Management Today3. Digital Transformation, Business Agility & Risk4. The Company You Need to BeCase Study 1: A Street-Level Startup-Introducing EA and BA to Agile ERM5. Planning the Transformation Journey and Managing Its RisksCase Study 2: The HiCTools Company Transformation6. Integration-Executing Your Digital Transformation and Integrating Agile ERMCase Study 3: The Human Powered Transportation Company (HPTCo)7. Book Summary and The Future of WorkIndex