Human Resources Risk Management : Director of Organization and Management studies Inst

ISBN-13: 9783847325567 / Angielski

Mehdi Ebrahimifar

Opis

Risk measurement, per se, which is a task usually assigned to the "risk management (RM)" department, is in reality only one input to the risk management function. As Coleman elaborates, "Risk measurement tools. Help one to understand current and past exposures, which is a valuable and necessary undertaking but clearly not sufficient for actually managing risk." However, "the art of RM," which he notes is squarely the responsibility of senior management, "is not just in responding to anticipated events but in building a culture and organization that can respond to risk and withstand unanticipated events. In other words, RM is about building flexible and robust processes and organizations." The recognition that RM is fundamentally about communicating risk up and managing risk from the top leads to the next level of insight. In most financial firms, different risks are managed by desks requiring very different metrics. Nonetheless, there must be a comprehensive and transparent aggregation of risks and an ability to disaggregate and drill down. It is absolutely essential that all risk takers and risk managers speak the same language in describing and understanding their risks.

O autorze

Ebrahimifar, Mehdi
I manage the Office of Management and Organizational studies. Purpose of the establishment of this office is to expand organizational research, compile management books and create an internet site with content management organization.My PhD dissertation is about HRM in the organization. Hope to break my book on risk management in the near future.