Empowered Enterprise Risk Management: Theory and Practice (Wiley Corporate F&A)

Praise for Empowered Enterprise Risk Management

"The authors have produced a thought-provoking and timely addition to how best to approach risk management. The chapters on budgeting and strategy are especially important and helpful in dealing with this evolving methodology. A valuable resource and an excellent addition to every risk manager's library."
—John R.S. Fraser, former Chief Risk Officer and Senior Vice President of Internal Audit, Hydro One Inc.; author of Implementing Enterprise Risk Management: Case Studies and Best Practices and Enterprise Risk Management: Today's Leading Research and Best Practices for Tomorrow's Executives

"Jankensgård and Kapstad capture the practical reality and changing dynamics of managing enterprise risk in complex, global ecosystems. Empowered Enterprise Risk Management represents the trifecta of navigating and leveraging risk as a business asset and path to profitability. It provides a fundamental understanding of the theory, the business context through an evolving timeline of risk activities and cases, and practical, modernized advice to transform the management of risk through all organization levels."
—Gary S. Lynch, CEO and Founder, Risk Project, LLC; author of The Uncertainty Advantage: Leadership Lessons in Turning Risk Outside-In and Single Point of Failure: The Ten Essential Laws of Supply Chain Risk Management; adviser to World Economic Forum and US Department of Commerce; lecturer at Massachusetts Institute of Technology and Stern School of Business, NY

"A timely entry into the expanding ERM literature with the right blend of theory and practice. Highly readable and informative without getting bogged down in details which could be accessed by interested readers elsewhere. The theoretical build-up expertly leads to the very relevant case study of one of the earliest practitioners of ERM: Statoil/Equinor. Readers should pay particular attention to the honest exposé of the history of ERM in the company from its pre-IPO in the late 1990s to the present. I strongly recommend the book to practitioners, students and academics."
—Dr. Erol Hakanoglu, former Global Head of Enterprise Risk Management, Barclays; former Global Head of Capital Markets Strategies, Goldman, Sachs & Co.