Axelos’ manual Management of Risk 4: Creating and Protecting Value offers a comprehensive and practical approach to risk management.
The manual is designed to be applicable across all regions, industries, and sectors, making it a flexible and versatile tool for any organization. It is built on a benefit- and value-based approach, providing clear and tangible guidelines for how businesses can manage risk in a world marked by rapid change and increasing competition.
The manual explains how organizations can develop and implement effective risk management strategies that can be adapted to a dynamic and challenging business environment. It places special emphasis on how risk management can be integrated at all levels of an organization—from top-level management to daily operational processes. This ensures that the entire organization is equipped to handle uncertainties and seize opportunities that can create additional value.
One of the central elements of the manual is the development of a positive risk culture. A strong risk culture helps organizations protect their existing assets while also discovering new growth opportunities. When risk management becomes a natural part of everyday business processes, organizations can not only minimize potential losses but also actively enhance their overall value.
The manual also demonstrates how risk management can be integrated with Agile working methods, known for their flexibility and adaptability. By combining Agile methods with risk management, organizations are better able to balance efficiency with security. The manual offers concrete examples and practical advice on how this integration can strengthen innovation while proactively identifying and controlling risks.
This manual is the official guide for the Management of Risk Practitioner courses. Learn more about the course here.