The performance and survival of a business in a global economy depends on understanding and managing the risks-external and those embedded within its operations.It is vital to identify and prioritize significant risks and detect the weakest points. Adding other elements to an essential ERM program, such as PESTEL and Porter's 5 forces, treatment plans, scorecards, the three lines of defense (3LoD) components, and process improvements (six sigma, 8D, etc.) significantly increases the ERM success rate.
The authors outline a comprehensive strategy to designing and implementing a robust and successful ERM program - and not just successful in implementation but also yielding enormous returns for the organizations that implemented this enhanced ERM program.
John Sidwell (CPA, CIA, CRMA) is currently with Infinera transforming business practices and controls. His experience includes roles with PepsiCo and Coca-Cola, Cypress Semiconductor (Infineon), SunPower (TotalEnergies), Electronic Arts, Dolby Laboratories, and 3COM. Past ten years John specialized in developing robust ERM programs, spoken at MetricStream Global GRC Summits, Institute of Internal Auditors, and Risk Management/Internal Audit class at San Jose University, and written to blogs of companies such as AuditBoard. John has a BS degree in accounting from Quincy University (Quincy, IL) and is a member of Institute of Internal Auditors, Financial Executives International, Neu Group Internal Audit Peer Group, and others. Peter Hlavnicka is Venture Partner with R3i Ventures and Founder of Phi Ventures specializing in risk management, IP strategy/commercialization, and brand protection. Previous roles include director brand protection APAC (Fitbit), director pricing (Blackberry), director IP protection & enforcement (Dolby Laboratories). Mr. Hlavnicka's other roles included strategic pricing, ERM, contract management, operations, and SCM (Nortel, Avaya). He is an active speaker, writer, and contributed to numerous publications, including Business Week. Mr. Hlavnicka received his MSc in computer science from the Technical University of Kosice, Slovakia, and his executive MBA from the University of Western Ontario, Richard Ivey School of Business.
Title: Enhanced Enterprise Risk Management
Author: Sidwell, John,Hlavnicka, Peter
ISBN: 9781637423981
Binding:
Publisher: Business Expert Press
Publication Date: 2022-11-30
Number of Pages: 306
Weight: 0.4281 kg
