This guide shows how organizations can identify and manage their risks for good governance. Since the publication of PD 6668:2000, Managing Risk for Corporate Governance, upon which this book is based, there is a greater appreciation of the importance of risk management in organizations and society at large. All organizations take risks. They also need to recognize and manage those risks which, if realized, could prejudice the sustainability of the organization. This book outlines a management framework for identifying the risks and opportunities, determining the extent of the risks, implementing and maintaining control measures and reporting on the organizationβs commitment to this process. There have been a number of developments in the international and national management standards field since PD 6668 was published in 2000. These developments, including those on risk management (2008), occupational health and safety (2007), environmental management (2004) and sustainable development (2006), can help organizations with internal control for good governance. Although the principles in many of these documents are similar they do not use the same approach.
Content:
Front Matter
• Table of Contents
1. Introduction
2. Scope and Definitions
3. Risk Management System
4. Implementation of a Risk Management System
• 5. Other Management Processes
• 6. Self-Assessment Questionnaire
Appendices