Corporate Value of Enterprise Risk Management: The Next Step in Business Management

Praise for Corporate Value of Enterprise Risk Management

The Next Step in Business Management

"I have read nearly every book related to this topic, and I heartily recommend this one. This could well be the only ERM book you will ever need." —Dave Ingram, CERA Senior Vice President, Willis Re Former leader of Standard & Poor's insurance ERM evaluations

"An excellent book on ERM! This book is highly accessible to a wide range of professionals, from technical personnel to senior executives to board members. Its principles-based approach and excellent real-world examples make it a highly practical guide for those who want to understand ERM without getting lost in technical jargon." —Adam Litke Chief Risk Strategist, Bloomberg

"Finally, a comprehensive guide to implementing ERM. This book offers an advanced but practical solution to successfully implementing ERM based on a disciplined, measured approach. In my nearly two decades as a board member, chief risk officer, and chief audit executive, I've been presented with many risk management frameworks, but this is the best I have seen." —Leslie Bauer, CPA Vice President and Chief Risk Officer, ARC

"A firm's value is based on its risk-adjusted return. The traditional focus on return (P&L) addresses only half the picture, at best; ERM completes it. Segal, one of the world's leading authorities on managing risk, provides a comprehensive and practical guide to ERM strategy and implementation. It is essential reading for anyone concerned with managing risk and return." —Garrett Van Ryzin, PhD, SM, BSEE Chair of Decision, Risk, and Operations Division Columbia Business School

"Segal's value-based ERM approach gives readers a truly integrated road map for risk management. It employs practical and holistic techniques for improving how risk and return are considered, evaluated, and managed in business decision making, from day-to-day decisions to strategic planning." —Rob Pollock, FSA President and Chief Executive Officer, Assurant