Enterprise Risk Management

1. Front Matter

   Pages i-xiii

   PDF

2. Introducing ERM

   • Stefan Hunziker

   Pages 1-15

3. Countering Biases in Risk Analysis

   • Stefan Hunziker

   Pages 17-51

4. Creating Value Through ERM Process

   • Stefan Hunziker

   Pages 53-163

5. Setting up Enterprise Risk Governance

   • Stefan Hunziker

   Pages 165-208

6. Looking at Trends in ERM

   • Stefan Hunziker

   Pages 209-236

7. Correction to: Countering Biases in Risk Analysis

   • Stefan Hunziker

   Pages C1-C1

This textbook demonstrates how Enterprise Risk Management creates value in strategic- and decision-making-processes. The author introduces modern approaches to balancing risk and reward based on many examples of medium-sized and large companies from different industries. Since traditional risk management in practice is often an independent stand-alone process with no impact on decision-making processes, it is unable to create value and ties up resources in the company unnecessarily. Herewith, he serves students as well as practitioners with modern approaches that promote a connection between ERM and corporate management. The author demonstrates in a didactically appropriate manner how companies can use ERM in a concrete way to achieve better risk-reward decisions under uncertainty. Furthermore, theoretical and psychological findings relevant to entrepreneurial decision-making situations are incorporated. This textbook has been recommended and developed for university courses in Germany, Austria and Switzerland.

• Textbook Risk Management
• Enterprise Risk Management
• Risk Management
• ERM
• Corporate Governance
• Risk and Reward
• Corporate Management
• ERM Framework
• Corporate Decision Making
• Decision Making
• Strategic Planning
• Risk Culture
• Risk Policies
• Biases in ERM
• Risk Scenarios
• Digital Risks
• Digitization of ERM

• Rotkreuz, Switzerland

  Stefan Hunziker

Professor Dr. Stefan Hunziker is Head of the competence center “Risk and Compliance Management” at Lucerne University of Applied Sciences and Arts. Furthermore, he is the Chairman of the Board of Swiss Enterprise Risk Management Association (SwissERM).

Policies and ethics