The Risk and Insurance Management Society (RIMS) has released for pre-order its new "Strategic Risk Management Implementation Guide," written for organizations seeking to integrate their corporate risk and strategic business operations.
The 68-page book, developed by members of the RIMS Strategic Risk Management Development Council, guides readers through the components of a strategic risk management framework while giving concrete examples of how several global businesses have successfully implemented SRM.
"There is no single best way to do strategic risk management, but, taking the first step and thinking about risk in a predictive and strategic way will not only protect the value of an organization, it will proactively help create and capture value – all in alignment with [the organization's objectives," says Carol Fox, RIMS director of strategic and enterprise risk practice. "Our goal was to provide all executives with a comprehensive but easy-to-understand resource to develop a framework for implementing a strategic risk management program, enabling them to navigate around potentially dangerous obstacles on the path to success."
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