Risk-Based Performance Management is a must read for all Strategy Execution practitioners.

Risk-Based Performance Management is a must read for all Strategy Execution practitioners. The book has made a tangible contribution towards successfully integrating Enterprise Risk Management with Enterprise Performance Management. Key concepts like defining the risk appetite, aligning risks, risk maps, KRIs, KCIs, RACI model, among many other, are thoroughly explained (and demystified).

In addition, the book has several examples and case studies, leveraging Andrew Smart's deep experience since the time that he created the RBPM methodology.

Besides the relevance of the subject given the recent (and well known) credit crunch, the book comes at a right time; nowadays several organizations have made important progress in developing in parallel a strategy management framework, and an Enterprise Risk Management model, but they have done this in isolation, hardly a model that integrates both could be found. I strongly suggest to read this book if you are interested in either evolving your current strategy/performance management framework and take it into the next level."

Rafael Lemaitre, Partner, ShiftIn Partners, United Arab Emirates

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Risk appetite provides the glue to link Performance and Risk