Book: Enterprise Risk Management: From Incentives to Controls
Author: James Lam
ISBN: 978-1-118-41361-6
Chapter 21 is where the book shifts from theory to action. Confucius said knowledge is useless if you don’t use it. Lam agrees. This chapter is about turning ERM concepts into real programs.
Book: Enterprise Risk Management: From Incentives to Controls
Author: James Lam
ISBN: 978-1-118-41361-6
Chapter 6 shifts from the boardroom to where risk actually starts: the business units. Line managers run the revenue. They touch customers and suppliers. They launch products, cut deals, and staff operations. They also create most of the company’s business, financial, and operational risk.
Book: Enterprise Risk Management: From Incentives to Controls
Author: James Lam
ISBN: 978-1-118-41361-6
Chapter 2 of Lam’s book is about learning before you bleed. A Chinese proverb he quotes: a smart person learns from their own mistakes, a wise person learns from others’ mistakes, a fool never learns.