Since the first edition of was published a decade ago, much has changed in the worlds of business and finance. That's why James Lam has returned with a new edition of this essential guide. Written to reflect today's dynamic market conditions, the of clearly puts this discipline in perspective. Engaging and informative, it skillfully examines both the art as well as the science of effective enterprise risk management practices. Along the way, it addresses the key concepts, processes, and tools underlying risk management, and lays out clear strategies to manage what is often a highly complex issue. Failure to properly manage risk continues to plague corporations around the world. Don't let it hurt your organization. Pick up the and learn how to meet the enterprise-wide risk management challenge head on, and succeed.