Practical Risk Management (Paperback)

Practical Risk Management in Industry and Services provides a clear explanation of Enterprise Risk Management (ERM) with real-world examples. The book explores the concept of enterprise risk management, offering practical guidance on how to manage risks within businesses. It innovates by positioning itself at the intersection of engineering and services.

The book adheres to best practices and emphasizes the growing importance of human factors in risk management. It covers the ERM cycle, perspectives and analysis in industrial settings, key considerations for service sectors, and important standards such as ISO 31000 and COSO.

Additionally, it underscores the critical role of human factors in effective risk management. This book is a must-read for professionals and scholars seeking to understand Enterprise Risk Management (ERM) and its application across various sectors. It offers valuable insights and practical tools for implementing effective risk management strategies.

Dr Emmanuel Fragnière, CIA (Certified Internal Auditor), is a Professor of Service Design and Innovation and the director of the CAS HES-SO in Treasury Management at the University of Applied Sciences Western Switzerland (HES-SO Valais). His research interests are risk management, energy and environmental planning, stochastic programming and service design and innovation. He has published several papers in academic journals such as Annals of Operations Research, Environmental Modeling and Assessment, European Journal of Operational Research, Interfaces, and Management Science. Before joining HES-SO, he used to be a commodity risk analyst at Cargill (Ocean Transportation) and a senior internal auditor at Banque Cantonale Vaudoise (Risk Management and Financial Engineering).
He is also the author (with Sullivan) of a book titled "Risk Management: Safeguarding Company Assets", Axzo Press,, USA, November 2006 (new edition 2015).

Thierry Meyer received a diploma degree (MSc) in chemical engineering from the Swiss Federal Institute of Technology in Lausanne (EPFL) in 1986. He was awarded in 1989 a PhD at EPFL for his thesis on micromixing in highly viscous polymeric media. From 1989 until 1993, he worked in the Chemical Engineering Institute as senior scientist in the field of polymerization reactions. In 1994, he joined Ciba-Geigy SA in the pigment division as successively development chemist, head of development a.i. and finally production manager for high performance pigments. At the end of 1998, he returned to the Chemical Engineering Institute of the EPFL in Lausanne and was appointed "maître d'enseignement et de recherche" (MER) to lead a new research group in the field of polymers and supercritical fluids, and to teach in the fields of process development, introduction to chemical engineering, polymer and organic chemistry at bachelor and master levels to chemists, chemical engineers and material science students. In 2005, he took on the responsibility of the occupational health and safety serviceof the school of basic sciences on top of his research activities dealing with risk management and supercritical fluids. He is presently teaching introduction to chemical engineering at bachelor level, risk management at master level and specific courses on safety aspects in research activities. He is also active as adviser and expert in risk assessment and chemical engineering matters for the ICC (International Chamber of Commerce) of the World Business Organization, as well as for several assessment companies and for major and SME's chemical industries. Thierry Meyer is currently member of several international associations of the European Federation of Chemical Engineering and American Chemical Society. He was chairman of the European Working Party on Polymer Reaction Engineering from 2001 to 2006. He is member of several editorial boards: Chemical Engineering Research and Design, Macromolecular Reaction Engineering, Chemical Engineering and Technology.