Text presents a new framework for making critical business decisions across the enterprise. Details a fresh approach to governance and risk that will allow readers to develop new options, consider consequences, and understand the potential risks and rewards of decisions made as a senior executive.

Decision-making and corporate governance have always been important functions in a company, but never more so than in the current post-Enron/Andersen business environment. This book acts as a framework for corporate officers and senior-level executives who need to redesign their own decision-making, risk, and governance processes. The approaches have been successfully proven in a number of leading companies, whose case studies are included in the book.

Offers up to date coverage of an increasingly important topic, citing a proven approach that draws from leading companies and provides a composite of what not to do based on companies like Anderson and Enron.

Author very active in conference circles, addressing thousands inCorporate governance, decision making, and the management of risk have always been important activities within an enterprise. Recent corporate debacles have given these issues an even deeper meaning. In today's volatile and complex business environment, corporate officers and senior-level executives need to rethink their perspectives on decision making, risk, and governance processes to ensure the survival and long-term success of their organizations.

In Corporate Governance and Risk: A Systems Approach, "Jack" Shaw, a former senior consulting partner and retired vice chairman of Deloitte & Touche LLP, presents a new and useful framework for making critical business decisions across the enterprise. With the help of professionals from the Enterprise Risk Service (ERS) practice of Deloitte & Touche, Shaw details a fresh approach to governance and risk that will allow you to develop new options, consider consequences-including those that may be unintended-and understand the potential risks and rewards of the decisions you make as a senior executive.

Based on Shaw's long journey through the worlds of governance and risk, this groundbreaking book:

* Establishes comprehensive definitions of governance and risk, and their interrelationship

* Discusses the elusive and multi-dimensional aspects of governance and risk within the context of what he calls the extended enterprise

* Applies the concepts of Systems Thinking to governance and risk

* Introduces, explores, and explains the new approaches to decision making which he calls the Governance Model and the System of Governance

* Outlines strategy, execution, and operations-the major subsystems of the Governance Model industry events.

* Illustrates the structure, processes, and information which hold the Governance Model and the System of Governance together

* Provides personal guidance and direction as to how you can efficiently implement these concepts

* Provides personal guidance and direction as to how you can efficiently implement these concepts

Corporate Governance and Risk introduces a new framework for thinking about governance and risk as well as a process for its implementation. This book provides a unique perspective on this topic-taking you through the detailed steps required to understand and act upon what needs to be done in order for organizations to be more effective in this new world of governance and risk.

We are at the beginning of an exciting new era-one in which governance will become synonymous with decision making, and risk will be exceeded only by the potential for reward. Corporate Governance and Risk is a book that anticipates the new challenges of our times, and reveals an approach that will help you and your business dictate events, rather than be overcome by them.



About the Author

JOHN C. (JACK) SHAW, former vice chairman of Deloitte & Touche, acts as a senior advisor in the area of enterprise risk management to the firm. From 1998 through 2000, Shaw was dean and special assistant to the president of the Peter F. Drucker Graduate School of Management at Claremont Graduate University, in Claremont, California.