Fundamentals of Risk Management - 6th Edition by Clive Thompson & Paul Hopkin (Paperback)

About the Book

Develop a complete understanding of the core concepts and frameworks of risk management with this guide designed for emerging professionals and students.

Book Synopsis

Effective risk management allows opportunities to be maximized and uncertainty to be minimized. This guide for emerging professionals provides a comprehensive understanding of risk management with tools, tips and tactics on how to offer expert insights and drive success.

Fundamentals of Risk Management is a detailed and comprehensive introduction to commercial and business risk for students and risk professionals. Completely aligned with ISO 31000 and the COSO ERM Framework, this book covers the key principles of risk management and how to deal with the different types of risk organizations face. The frameworks of business continuity planning, enterprise risk management, and project risk management are covered alongside an overview of international risk management standards and frameworks, strategy and policy.

The revised sixth edition includes updates throughout as well as providing new content on trends such as cyber risk, black swan events and climate risk. Supported by relevant international case examples including BP, Singapore Airlines and Darktrace, this book provides a full analysis of changes in contemporary risk areas including digital risk management, risk culture and appetite, supply chain and statutory risk reporting. Supporting online resources include lecture slides with figures, tables and key points from the book.

Review Quotes

"

This book provides a thorough and instructive foundation for any professional or team looking to increase their enterprise's rigour around risk. Acknowledging and discussing critical contextual issues, such as global finance, international regulations, corporate culture and natural human responses to risk, sets the reader up for success - and
empowers them to proactively and positively navigate the uncertainty we all work in."-

"-- "Kelly Barner, Owner and Managing Director, Buyers Meeting Point"

"This book is the definitive 'go to' guide for those involved in risk management. Its logical structure offers a comprehensive analysis of every facet of risk management, including current challenges such as alignment with corporate strategy, ESG and cyber risks."-- "Paul McDonald, Director, Group Insurable Risk, BAE Systems"

About the Author

Clive Thompson was founding Chair of the Professional Standards and the Interest Group Committees of the Institute of Risk Management where he served on the board and was Deputy Chair until 2020. Based in West Sussex, UK, he has been a risk manager and consultant delivering projects globally. He is a Certified Fellow of the IRM.