August 2009
Beginner
308 pages
6h 50m
English
Content preview from Fundamentals of Enterprise Risk ManagementBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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CHAPTER 26MODERN RISK MANAGERS
RISK QUOTE: In the case of sawmills, it is not a question of if it will burn but when it will burn.
—LANCE EWING, PROMINENT RISK MANAGER
RISK QUOTE: A jury consists of 12 people who determine which client has the better lawyer.
—ROBERT FROST, POET
Risk managers are leading advocates of ERM. As a result, a number of organizations have surveyed them to learn who they are and how they perceive their responsibilities. In this chapter, we examine and interpret the findings of recent surveys. Marsh was particularly active, working with the Risk and Insurance Management Society (RIMS), from 2004 to 2008 and completing these surveys of ERM professionals:
2004: Survey of successful risk managers
2005: Characteristics and ...
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