Empowered Enterprise Risk Management: Theory and Practice delves into the heart of effective enterprise risk management (ERM) programs, exploring why many initiatives often fail to integrate meaningfully with critical business processes. Written by Hakan Jankensgard, this groundbreaking book outlines a comprehensive framework for transforming ERM from a mere administrative exercise to a dynamic force that shapes corporate culture and strategic direction. The first edition of this volume was published on March 15, 2021, by Wiley, with an ISBN-13 of 978-1119700159 and 224 pages of insightful content. Through a blend of theoretical insights and practical lessons, the authors provide a detailed roadmap for achieving empowered ERM. The book covers foundational concepts in ERM, best practices, and advanced topics like risk budgeting and strategic integration, offering readers a holistic understanding of how to leverage ERM for business success.