Enterprise Risk Management From Incentives to Controls

Praise for Enterprise Risk Management "In the aftermath of Enron, WorldCom, and Sarbanes-Oxley, every publicly traded company should be concerned about risk management. This book takes a pragmatic approach to risk management that can benefit any CEO or senior executive. Lam lays out clear strategies to address what is often a highly complex issue." -William L. Walton, Chairman and CEO, Allied Capital Corporation "James Lam provides one of the most practical, insightful books on risk management that I have read in the last thirty years. It clearly reflects experience and deep understanding of the art as well as the science in risk management practices. A must-read for all who wish to advance risk management practices in their businesses." -Sandra Jansky, Executive Vice President, Chief Credit Officer, SunTrust Banks, Inc. Chairperson, Risk Management Association "In this book, James Lam has provided an effective overview of business risk. Enterprise Risk Management will be useful to professional risk managers and business executives seeking to understand the latest tools and organizational approaches." -Robert Simons, Charles M. Williams Professor of Business Administration, Unit Head-Accounting & Control, Harvard Business School "The most comprehensive and engaging handbook on enterprise risk management, written by the pioneer of the Chief Risk Officer function. Filled with practical examples and lessons learned, this book is destined to become one of the most widely read primers on today's top business initiative. James Lam is the authority on enterprise risk management, and I highly recommend this book to all board directors, senior executives, and risk managers." -Cassandra R. Schultz, Vice President and Chief Risk Officer, KeySpan Corporation "James Lam's book Enterprise Risk Management: From Incentives to Controls provides an insightful road map to best practices in risk management. Based on a solid and successful career in risk management, James's advice is both timely and relevant and should be required reading for all risk management professionals." -Michael J. Litwin, Chief Credit and Risk Officer, Merrill Lynch CapitalLam, James is the author of 'Enterprise Risk Management From Incentives to Controls', published 2003 under ISBN 9780471430001 and ISBN 0471430005.