Enterprise Risk Management (ERM) is an important tool for businesses who are navigating uncertainty and seeking to improve performance. Whilst it’s becoming increasingly important, implementing ERM can be very challenging, with a complex interplay of technical and social factors.
Dr Mirna Jabbour is a Lecturer in Accounting, as well as the Principles for Responsible Management Education (PRME) Development Director for 91Ö±²¥ University Management School. Her expertise lies in ERM and Environmental Disclosure and Performance, with recent work focusing on broadening the scope of ERM to include socio-cognitive aspects. This work has led to the publication of her first book, Enterprise Risk Management: Technical, Cognitive, and Social Perspectives.
Dr Mirna Jabbour’s book explores the challenges of implementing ERM from technical, cognitive and social perspectives. She examines how implementing ERM from these perspectives can enhance the organisation’s capacity to generate and integrate information and knowledge about risk and uncertainty.
In existing publications, ERM implementation is mainly viewed from technical or educational perspectives and treated as formal, technical and linear processes. Mirna’s book, however, takes a different stance by recognising that implementation depends on formal and informal mechanisms that require a balanced combination of technical and social approaches. It changes the paradigm to demonstrate that the implementation of ERM is not a linear process that is similar across industries and organisations, but relies on multiple dependencies such as leadership, corporate governance, and the culture of the organisation.
This is an important contribution to current discussions and debates, in a time when we are more aware than ever of the complexity of risks faced by organisations, and the need for more than a technical approach to managing such risks. Dr Jabbour’s research-informed and original approach to this challenge could not be more timely.
Professor Damian Hodgson
Associate Dean for Research and Innovation
The book is set to be a valuable resource for scholars, as well as upper-level university students, across disciplines related to risk management, including accounting and finance, business and management, leadership, and organisational studies.
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