managing – Global Risk Guard. Resources for Risk Professionals

Books

GRG January 14September 18 0 Comments business, guide, josseybass, management, managers, managing, organizations, risk, series

Managing Risk in Organizations: A Guide for Managers (The Jossey-Bass Business & Management Series)

[ReviewAZON asin=”0787965189″]Managing Risk in Organizations offers a proven framework for handling risks across all types of organizations. In this comprehensive resource, David Frame— a leading expert in risk management— examines the risks routinely encountered in business, offers prescriptions to assess the effects of various risks, and shows how to develop effective strategies to cope with risks. In addition, the book is filled with practical tools and techniques used by professional risk practitioners that can be readily applied by project managers, financial managers, and any manager or consultant who deals with risk within an organization. Managing Risk in Organizations is filled with illustrative case studies and

Outlines the various types of riskpure, operational, project, technical, business, and political
Reveals what risk management can and cannot accomplish
Shows how to organize risk management efforts to conduct risk assessments, manage crises, and recover from disasters
Includes a systematic risk management processrisk management planning, risk identification, qualitative impact analysis, quantitative impact analysis, risk response planning, and monitoring control
Provides quantitative and qualitative tools to identify and handle risks

This much-needed book will enable organizations to take risk seriously and act proactively.

[/ReviewAZON]

Books

GRG January 14September 18 0 Comments benchmark, financial, managing, risk, value

Value at Risk, 3rd Ed.: The New Benchmark for Managing Financial Risk

[ReviewAZON asin=”0071464956″]

Since its original publication, Value at Risk has become the industry standard in risk management. Now in its Third Edition, this international bestseller addresses the fundamental changes in the field that have occurred across the globe in recent years. Philippe Jorion provides the most current information needed to understand and implement VAR-as well as manage newer dimensions of financial risk. Featured updates include:

An increased emphasis on operational risk

Using VAR for integrated risk management and to measure economic capital

Applications of VAR to risk budgeting in investment management

Discussion of new risk-management techniques, including extreme value theory, principal components, and copulas

Extensive coverage of the recently finalized Basel II capital adequacy rules for commercial banks, integrated throughout the book

A major new feature of the Third Edition is the addition of short questions and exercises at the end of each chapter, making it even easier to check progress. Detailed answers are posted on the companion web site www.pjorion.com/var/. The web site contains other materials, including additional questions that course instructors can assign to their students.

Jorion leaves no stone unturned, addressing the building blocks of VAR from computing and backtesting models to forecasting risk and correlations. He outlines the use of VAR to measure and control risk for trading, for investment management, and for enterprise-wide risk management. He also points out key pitfalls to watch out for in risk-management systems.

The value-at-risk approach continues to improve worldwide standards for managing numerous types of risk. Now more than ever, professionals can depend on Value at Risk for comprehensive, authoritative counsel on VAR, its application, and its results-and to keep ahead of the curve.

[/ReviewAZON]