Top Research Papers on Risk Management

Modern risk management integrates the capabilities, methods, processes and tools that enable organizations to reliably obtain their goals and cope with insecurity to sustainably secure their success, reduce the costs of risks, and generate value.

ORIX allocates management resources by taking into account Group-wide risk preference based on management strategies and the strategy of individual business units, and allocating more management resources to business units having greater growth potential.

Leading fire safety experts explore the fail-safe mechanisms and testing procedures being used to ensure the safety of battery-powered trains, and look at what can be learned from the automotive sector

Gazprom Neft PJSC has the Risk Management Policy that determines riskmanagement goals and principles to improve the guaranteed reliability of the Сompany’s operations in the short and long term. The Gazprom Neft riskmanagement targets are to improve the efficiency of management decisions by analysing the related risks, and to maximise the efficiency of risk-management measures, when implementing the decisions made.

Sanofi risk management framework purpose is to: ensure accountability and competence for managing risks across the organization, ensure effective, relevant and timely exchange of information with internal and external stakeholders.

A Risk Management Basic Policy is established, which serves as the road map for the Bank’s risk management activities and clearly lays out the types of risks to be addressed as well as the relevant management structures and mechanisms.

Every project has risks. Organizations that succeed are the ones that plan for those risks – anticipating, mitigating, and providing response and contingency plans for negative events that may or may not occur. Risks are a part of business and notmanaging them would be a failure of good governance. A more rigorousapproach to risk management at all levels of the business canhelp: . Secure project/business objectives . Improve business performance . Facilitate improved customer service . Learn from past experiences . Focus on due diligence . Address changing markets . Fulfil corporate governance...

Risk management consists of a series of actions to list out all possible risks, evaluate their influences, and reduce or avoid the losses. We hear the term “risk management” in a number of fields including finance, corporate management, safety of machine systems, accident prevention, and natural disasters. The fields, however, have different concepts and understanding of its controllability associated with the term. In most fields, risk is pure risk that can only produce negative effects, but in some cases, evaluating speculative risk with both negative and positive effects is important.

In the first article in the series on risk management, it is shown how coordinated denialhofhservice, a new type of threat, can attack a network.

This note describes how to move beyond the appraisal of risk toward improving the risk characteristics of alternatives that the world offers us. It considers ways to create value and reduce risk through wise management. One way is to obtain better information; methods of valuing perfect and imperfect information are provided. Another way is to control outcomes and critical variables, and the note suggests how a tornado diagram may be useful in identifying what those significant variables and outcomes may be. It then describes various actions that serve to shift the risk profile favorably, to c...

As an endowed charity with a goal of existing into perpetuity, your investment strategy and risk management goals revolve around the tug and pull between maintaining purchasing power across multiple generations and providing steady support of your charitable intentions in the nearer term.

The chapter covers practical risk managers' points during the planning stage of entrepreneurship to integrate into decision making and core business processes. The chapter includes three risks and how to improve the integration of risk management into organizational culture grouped into three high-level objectives. First, strategic risks include the study of competitors, macroeconomics with its industry changes. Second, financial risks such as the business return of investment and forecasting, customer payments, loan interest charges, and liquidity. Access to finance featured prominently in se...

Manajemen risiko rantai pasokan telah mengumpulkan fokus yang meningkat dari manajer rantai pasokan karena dampak merugikan yang dapat ditimbulkan oleh gangguan atau gangguan rantai pasokan terhadap kinerja rantai pasokan. Gangguan rantai pasokan dapat mengakibatkan berbagai masalah seperti waktu tunggu yang lama, kehabisan stok, ketidakmampuan untuk memenuhi permintaan pelanggan, dan peningkatan biaya

A new function for risk and resilience is created that brings together the former Risk Office, Risk Assessment and Monitoring, Business Continuity Management and Novartis Emergency Management in order to establish a comprehensive and integrated risk management framework that is coordinated among risk functions and business units.

Both physical stress and psychological stress increased, but physical stress increased less than psychological stress, and it can be assumed that the interventions in this study had a positive impact on physical stress.

This article is devoted to the management problem of providing an environment favorable to the development of a reliable information and processing base for predictive technology. Much of the article is focused on assessment of risk in large projects that involve an organization of substantial size with several organizational levels and perhaps several departments. The discussion applies to all stages-mission definition, conceptual solution, development and implementation, evaluation of feedback.

The human element is the principle cause of incidents and accidents in all technology industries; hence it is evident that an understanding of the interaction between humans and technology is crucial to the effective management of risk. Despite this, no tested model that explicitly and quantitatively includes the human element in risk prediction is currently available. Managing Risk: the Human Element combines descriptive and explanatory text with theoretical and mathematical analysis, offering important new concepts that can be used to improve the management of risk, trend analysis and predic...

If risk management activities are to be fully accepted by health professionals it is important that the latter be taught to understand that the process is not a witch-hunt but a genuine attempt to learn from errors and thereby improve the standard of practice.

Risk management, a tool traditionally used by government in financial management, could well become an integrated approach to public decision making. The study of three public agencies of the Government of Quebec suggests that a risk management approach can be used to stabilize and reduce public expenditures, and to coordinate economic development in an uncertain world. Results show that these public agencies have responded to financial pressures by transferring part of their financial risk to other participants in the system, by associating directly the main stakeholders to program delivery a...

The Internet and social media platforms are disrupting societies and politics on a global level. While these technologies have had immense benefit, facilitating individual empowerment and establishing the data economy, they have also helped to mainstream terrorism, hate, and anti-democratic beliefs. These forces will continue to disrupt traditional democratic politics and contribute to the breakdown of societal cohesion. Regulations that ensure the protection of fundamental rights and freedoms are now a necessary element in the establishment of a new social contract for the digital age. Stakeh...