Is Financial Risk Management Equivalent to ERM?

Risk Commentary

Το περιεχόμενο παρέχεται από το Edward Robertson. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Edward Robertson ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.

3y ago 15:58

MP3•Αρχική οθόνη επεισοδίου

New website = riskcommentary.ca
ERM, for some, consists solely of Financial Risk Management. Is this sound? We offer commentary on quantitative modelling and its place in Enterprise Risk Management.

Quantitative methods examples
Chief limitations of quantitative models
Proprietary internal risk rating systems
Forecasts and probability estimates
2008-2009: crisis in risk management methods?
Strategy and market risks scuttle the company
Recommendations
Quotes from the financial experts
What constitutes due diligence?
What is the worldview informing the faith in quantitative models?

Summary

KEY QUOTES

”...a new kind of blindness: the one induced by new technology and elaborate quantitative models.”
(B. Voyles ) Voyles and other financial experts mentioned quoted in Robertson, p.98

”...much more is being underwritten, correlated, and contemplated [by major insurers] than the traditional hazard risks.”
Interview with LoriAnn Lowery-Biggers and Sean Murphy by John Czuba; see EP01.

LINKS

Blog post: Economic Crisis: Why ERM Did Not Fail

E. Robertson 2016 Solving the Enterprise Risk Management Puzzle: Secrets to Successful Implementation

20 επεισόδια

#MBA #Business #Edward Robertson #Enterprise Risk Management #Innovation #Program Implementation #Enterprise Risk Management Framework #Enterprise Risk Management Definition #Enterprise Risk Management Process #ERMs #Riskmanagement #Riskassessment #Riskanalysis #Risk Identification #Iso31000 #Coso