(Wiley: Hoboken, NJ) -- Even a minimal investment in risk assessment and risk management can improve efficiency and reduce losses in any organization. Enterprise Risk Management Best Practices:From Assessment to Ongoing Compliance, by Anne M. Marchetti (Wiley, 2011) provides guidance on how to implement an effective enterprise risk management solution across any organization.

Starting with senior management and risk and compliance professionals working together to categorize and assess risks throughout the enterprise, detailed guidance is provided on the key risk categories, including reputation and financial, operational, and strategic areas, along with practical tips on how to handle risks that overlap across categories. Marchetti defines the role of information technology (IT) in enterprise risk management and the tools that are available in both assessment and ongoing compliance, and she discusses the latest trends and best practices.

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