Integrating Performance Management and Enterprise Risk Management Systems: Emerging Issues and Future Trends

Integrating Performance Management and Enterprise Risk Management Systems offers a novel understanding of the multifaceted shades that surround the long-called-for and yet not realized integration between performance management and enterprise risk management systems. Spanò and Zagaria suggest looking at performance management and enterprise risk management systems as logics rather than functions, as languages rather than tools, and devoting major attention to soft variables in addition to hard ones to foster a more systematic approach towards the embeddedness of unified routines and behaviors.

Format: Hardback
Length: 108 pages
Publication date: 18 April 2022
Publisher: Emerald Publishing Limited

Integrating Performance Management and Enterprise Risk Management Systems offers a fresh perspective on the long-needed and yet unrealized integration between performance management and enterprise risk management systems. Spanò and Zagaria challenge the notion that the primary barriers to this integration have been the potential risk to existing contributions, the lack of a comprehensive analytical and interpretive perspective, and the need to carefully assess potential opportunities and threats in the dynamic and uncertain VUCA (volatile, uncertain, complex, and ambiguous) world. These issues encompass ethical concerns, accountability pressures, power dynamics, social and sustainability implications, and technological impacts. Their study advocates for a comprehensive integration of performance management and enterprise risk management systems, encompassing current theoretical debates and various practical and policy interventions. It highlights overlaps and gaps, fostering a more systematic approach to embedding unified routines and behaviors.

The authors propose viewing performance management and enterprise risk management systems as logics rather than functions, as languages rather than tools, and prioritizing soft variables alongside hard ones. This novel approach aims to gain a deeper understanding of timely dynamics, which is crucial for academics, practitioners, and policy makers. By integrating these systems, organizations can better align their strategies, allocate resources effectively, and make informed decisions to achieve their goals in a rapidly changing and complex business environment.

Weight: 294g
Dimension: 161 x 239 x 14 (mm)
ISBN-13: 9781801171526