Innovative approaches to building enterprise risk management in emerging economies: the case of Mexico's Grupo Proeza
Innovative approaches to building enterprise risk management in emerging economies: the case of Mexico's Grupo Proeza
This chapter explores a very positive example of enterprise risk management (ERM) development in Mexico, set by the firm Grupo Proeza, from which valuable and highly generalisable lessons can be learned. These lessons will pertain most centrally to Grupo Proeza’s techniques of ERM building, where risk management practices are used to enhance the cultural and other foundations for ERM. Of particular interest is the notion that various risk assessment techniques can be used for this purpose, which may seem counter-intuitive by reversing the formative relationship between risk culture and risk assessment practice that is more typically the focus for attention.
133-154
De La Cruz, Ilse Patricia Lopez
920a9ff0-6963-4c6c-8a90-76395746c395
Marshall, Alasdair James
93aa95a2-c707-4807-8eaa-1de3b994b616
Ojiako, Udechukwu
39f57398-8b7b-422c-9186-6a87c75e0f8f
Ceylan, Serkan
10f75de1-16da-4458-8ee1-8abe0a1e90ac
Lin, Fenfang
d2d0fe76-3e6f-488b-94c2-6b0f4c9f08eb
19 October 2020
De La Cruz, Ilse Patricia Lopez
920a9ff0-6963-4c6c-8a90-76395746c395
Marshall, Alasdair James
93aa95a2-c707-4807-8eaa-1de3b994b616
Ojiako, Udechukwu
39f57398-8b7b-422c-9186-6a87c75e0f8f
Ceylan, Serkan
10f75de1-16da-4458-8ee1-8abe0a1e90ac
Lin, Fenfang
d2d0fe76-3e6f-488b-94c2-6b0f4c9f08eb
De La Cruz, Ilse Patricia Lopez, Marshall, Alasdair James, Ojiako, Udechukwu, Ceylan, Serkan and Lin, Fenfang
(2020)
Innovative approaches to building enterprise risk management in emerging economies: the case of Mexico's Grupo Proeza.
In,
Webb, Heather C., Wu, Wendy and Numairy, Hussain Al
(eds.)
Research Anthology on Business Continuity and Navigating Times of Crisis.
IGI Global, .
(doi:10.4018/978-1-7998-4195-1.ch007).
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Abstract
This chapter explores a very positive example of enterprise risk management (ERM) development in Mexico, set by the firm Grupo Proeza, from which valuable and highly generalisable lessons can be learned. These lessons will pertain most centrally to Grupo Proeza’s techniques of ERM building, where risk management practices are used to enhance the cultural and other foundations for ERM. Of particular interest is the notion that various risk assessment techniques can be used for this purpose, which may seem counter-intuitive by reversing the formative relationship between risk culture and risk assessment practice that is more typically the focus for attention.
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Proeza book chapter
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Published date: 19 October 2020
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Local EPrints ID: 444907
URI: http://eprints.soton.ac.uk/id/eprint/444907
PURE UUID: 0c57742b-b3a7-41fb-8f9c-2de498f79efd
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Date deposited: 11 Nov 2020 17:31
Last modified: 06 Jun 2024 01:54
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Contributors
Author:
Ilse Patricia Lopez De La Cruz
Author:
Udechukwu Ojiako
Author:
Serkan Ceylan
Editor:
Heather C. Webb
Editor:
Wendy Wu
Editor:
Hussain Al Numairy
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