Stanford Strategic Decision and Risk Management

Enterprise Risk Management (XSDR222)

This course is intended to help you better protect and enhance shareholder value through value-focused enterprise risk management (ERM). You will learn to identify excessive risk exposure, develop ways to manage enterprise risk, and delineate clear roles for the board, senior executives, chief risk officers, line executives, and risk management staff.

Value-focused ERM creates a direct line of sight from shareholder value to risk management through an understanding of potential risk factors, decision analytic methods, and best practices.

Combining lectures, case studies, and discussions, this course covers the following topics:

The greatest sources of value destruction over the last decade
The importance of adopting the value protection mind-set in enterprise risk management
How the value protection mind-set differs from a compliance mindset
The most appropriate methods for value protection by type of risk
Quantifying a company's appetite for taking risks
Risk management tools and how they are used.

Course Syllabus