Risk management and contingency planning has really come to the fore since the first edition of this book was originally published. Computer failure, fire, fraud, robbery, accident, environmental damage, new regulations - business is constantly under threat. But how do you determine which are the most important dangers for your business? What can you do to lessen the chances of their happening - and minimize the impact if they do happen? In this comprehensive volume Kit Sadgrove shows how you can identify - and control - the relevant threats and ensure that your company will survive. He begins by asking 'What is risk?', 'How do we assess it?' and 'How can it be managed?' He goes on to examine in detail the key danger areas including finance, product quality, health and safety, security and the environment. With case studies, self-assessment exercises and checklists, each chapter looks systematically at what is involved and enables you to draw up action plans that could, for example, provide a defence in law or reduce your insurance premium. The new edition reflects the changes in the global environment, the new risks that have emerged and the effect of macroeconomic factors on business profitability and success. The author has also included a set of case studies to illustrate his ideas in practice.
List of Figures, List of Tables, Acknowledgements, Glossary and Abbreviations, Preface, 1 A Powerful Tool for Protecting the Business, 2 How to Identify and Assess Risk , 3 Who Does What? People and Their Roles , 4 Treating Risk: Avoid, Accept, Control or Share?, 5 Product and Service Problems: Operations and Production Risk, 6 Managing Health and Safety, 7 Procurement Problems, 8 Preventing Environmental Damage, 9 From Drought to Flooding: Risk and Opportunities from Adverse Weather, 10 Protecting Against Fire, 11 On Your Guard: How to Maintain Security, 12 Extremists, Terrorism and International Risks, 13 Pre-Empting Fraud and Theft, 14 Staying Financially Healthy, 15 Avoiding IT Disaster, 16 Minimizing Project Risk, 17 Corporate Governance: How to Comply, 18 Risk is All About People, 19 The Ethical Dilemma for Organizations, 20 How to Succeed in Marketing by Being Aware of Risk, 21 Diversification, Acquisition, Divestment and Partnership, 22 Legal Risks, Intellectual Property and Minimizing the Chances of Getting Sued, 23 Business Continuity: For When Things Go Badly Wrong, 24 How to Survive a Crisis, 25 Risk Management Software: 11 Brands to Consider, 26 Do You Need a Risk Management System? ISO 31000, 27 What Risks Will the Future Bring?, Appendix: The Final Risk Checklist, Index
Kit Sadgrove is a management consultant specializing in the control of business risks. He is currently Director of The Business Institute, an independent research, training and consultancy organization. He has written numerous articles and is the author of several management books, including The Green Manager's Handbook, also published by Gower.
Reviews of Previous Editions: 'This truly is a complete guide. recommended for large public, corporate and business school or other academic libraries. If only a single book on business risk management could be purchased, this would be the one to buy.' Business Information Alert 'Invaluable for those who are reviewing their company's risk policies.' Nigel Webb, Risk Management Practice Head, Terence Chapman Associates 'A good introduction to an increasingly important business area.' Kevin Gurden, Project Risk Manager, IBM UK Limited 'The book is full of useful knowledge and practical tables and charts which will enable you to assess the risks and put together a plan, monitor your progress and more importantly look at how to minimise the daily risks in business.' Management Consultancy ' . the book scores well for readability, clarity of explanation and the breadth of its coverage of many of the risk issues that face businesses; the advice given is helpful.' Engineering Management Journal ' . very accessible and easy to read.' Health & Safety at Work ' . will help all internal auditors appreciate the full range of risks that may affect their organisation.' Audit Viewpoint '. excels in outlining how effective risk management can be used to underpin corporate success . should prove a most valuable reference.' Money Matters