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The Risk Management in Italian Enterprises

How to design and implement solutions for the management of enterprise risks

by M. Giorgino, F. Travaglini
Il Sole 24 ORE S.p.A.





The ability to undertake and manage risks has always been the fundamental essence of the entrepreneurial activity and an essential component of enterprise management. It is so even more nowadays in a financial and economic context that is becoming more global, complex and turbulent everyday.The Enterprise Risk Management (ERM) is a structured and pro-active methodological approach to the management of all risks concerned with the enterprise activities management - strategy, market, processes, financial resources, human resources, technologies. This approach focuses on the future and is process-oriented, it helps organizations to manage risks in a systematic way and to identify opportunities.
The first part of the book, more theorical, outlines a general overview of
the Enterprise Risk Management, highlighting spurs, features, benefits, obstacles, organizational aspects and structuring of the risk management process - in the strict sense of the word.
The second part, more practical, investigates organizational, strategical and operational structures, relevant to ERM, which have been peculiar to important italian groups: Edison, Fastweb e Fiat.