Fundamentals of Risk Management

Index
452
disaster recovery planning 213
BCP and 206–08
IT infrastructure and 279–80
loss control and 155
risk controls and 187–90
risk magnitude 153
risk management development 48
timeline and costs 209
disclosure and transparency 341
Disney (Walt) Company
market disclosures 172–73
disruption see events and disruption
distribution, business model and 234
documentation
guidelines 252–56
importance of records 254
internal control 394
performance and certification reports 256
reporting risk 423–25
risk management manual 249–52
risk reporting 426–30
types of 249
economic reporting 426–27
Ekurhuleni Metropolitan Municipality
risk management and 286–87
EM3 model
appetite for risk 314
Emperor Watch & Jewellery
risk management strategies 221
employees
bank operational risks 365
board-level representation 358–59
career success 230–31
corporate social responsibility 236
HR risk control 280–81
insurance for 198–200
operational risk and 369
responsibilities of 259
skills and resources 86
tactics and 357
energy sector
ERM and 101
risk management specialism 49
tolerating risk and 179
enterprise risk management (ERM) 6
business continuity and 100–01, 214–16
COSO framework 76–8
definitions of 98–9
energy sector and 101
enterprise-wide approach 96–8
FOIL approach 297
future development of 102–03
global financial crisis and 368
holistic approach of 53–4
implementation of 103
internal audit and 412–14
Network Rail 286
organizational practice and 99–100
responsibility of CRO 263
risk management development 48
Severn Trent Water 336
steps to success 290–91
see also risk management
environment
corporate responsibility and 235
corporate social responsibility 236
PESTLE classification system and 139
recycling 282
responsibility 336–37
risk control 282–83
sustainability 336–37
waste disposal 282
equal opportunities
levels of risk management and 54
equality and inequality
perception of risk and 127
Ericsson
corporate governance 287
ethics 235
audit committee and 403
PESTLE classification system 138–39
reputation and 240–43
supply chain trading and 238–39
European Commission
on corporate social responsibility 235
European Foundation for Quality Management 
(EFQM) model 301
European Union
UK Brexit options 31–2
events and disruption
bow-tie model of 33–4
categories of 42–3
civil emergencies 216–17
COSO framework 77–8
documentation of 245
insurance and 197
positive outcomes 160
recovery time and cost 209
reporting on 427
exposure to risk
appetite for risk and 304–06
and risk capacity 308–10
failure modes effect analysis (FMEA)
risk assessment 124
Ferrari, F1 tyre risk and 30
finances, organizational
alternatives to insurance 197
audit committee 403
authorization of risk 149
benefits of management 65

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