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Enterprise Risk Management: From Incentives to Controls

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Title: Enterprise Risk Management: From Incentives to Controls
by James Lam
ISBN: 0-471-43000-5
Publisher: John Wiley & Sons
Pub. Date: 16 May, 2003
Format: Hardcover
Volumes: 1
List Price(USD): $79.95
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Average Customer Rating: 5 (4 reviews)

Customer Reviews

Rating: 5
Summary: The book for ALL CROs and CFOs
Comment: Thank you for writing this book. This book is must read for all CROs and CFOs. Looking forward to reading your coming Risk Management books.

Rating: 5
Summary: Critical but Easy to Read and Comprehend
Comment: Anyone whose career interests intersect with the risk management discipline will find this book extremely valuable in understanding the risk management discipline and viewpoint. Anyone who is considering a career in risk management will find this book a critical help for success. James Lam writes in an easy to read style and the ease with which one can grasp and understand the material might fool one into under estimating the rigor and logic James has built into his work. I recommend this book without reservation.

Edward P. Paules, Managing Director Risk Management
Investors Bank & Trust
Boston, MA 02116

Rating: 5
Summary: ERM Made Practical and Executable
Comment: James Lam, the founder of ERisk and the pioneer for the chief risk officer concept has penned the best and most comprehensive book yet on enterprise risk management and how this emerging business practice can add practical, measurable value to any business concerned about how risks affect performance and stakeholder value.

For the first time, a true ERM expert has articulated in user friendly terms, what ERM is and how it can be applied to many different business types in many industries. This book makes clear that there is no one way to design and ERM model and that customizing it to the needs of the business will be the one way to optimize the outcomes desired.

The book is well organized and starts with a section on setting the "context" for delving into risk management; outlining the framework of a comprehensive approach; showing real world applications in various industry contexts; and closing with some prognostications on the future of the practice.

I highly recommend this book to all business managers who want to take risk management and their careers to the next level.

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