Search results for "Enterprise risk management"
showing 7 items of 7 documents
IT Technology Implications Analysis on the Occupational Risk: Cloud Computing Architecture
2014
Abstract The present paper is divided into three major areas: the analysis of occupational risk implications at national and international level, the European priorities in terms of occupational risk and the existing cloud computing services. Since human resource is present within each organization, it is required a comprehensive and actual assessment of the processes in which they participate. Like in any daily activity, processes and people contribute to the emergence of risks. If each organization creates healthy and safe workplaces that means that it contributes to the sustainable development of the area in which it operates. It can be said that occupational risk assessment and occupati…
Enterprise-Wide Risk Management in Microfinance Institutions: The ASA Experience
2010
This paper explores the typical risks that microfinance institutions (MFIs) face in their operations and outlines some of the steps that ASA, one of the world largest NGO MFI, takes to mitigate them. This discussion is from a practitioner’s perspective and is intended to provide examples of how a typical MFI might respond to risks that face them.
Why FX Risk Management Is Broken - And What Boards Need to Know to Fix It
2015
In this paper we rethink the role of Foreign Exchange Risk Management (FXRM) in corporate management. We believe it is fair to characterize FXRM, on the whole, as a legacy activity rather than something that reflects a realistic cost-benefit analysis at the enterprise-level. The Board of Directors, as the designated guardians of the interests of shareholders, has a key role in setting the firm on a path towards a cost-efficient and centralized FXRM that preserves the firm’s transparency and predictability towards the investor community. A policy conclusion from our analysis is that responsibility for FX policy should shift from the traditional Finance/Treasury orientation to a group risk fu…
Components of software development risk: how to address them? A project manager survey
2000
Software risk management can be defined as an attempt to formalize risk oriented correlates of development success into a readily applicable set of principles and practices. By using a survey instrument we investigate this claim further. The investigation addresses the following questions: 1) What are the components of software development risk? 2) how does risk management mitigate risk components, and 3) what environmental factors if any influence them? Using principal component analysis we identify six software risk components: 1) scheduling and timing risks, 2) functionality risks, 3) subcontracting risks, 4) requirements management, 5) resource usage and performance risks, and 6) person…
Can software risk management improve system development: an exploratory study
1997
Software risk management can be defined as an attempt to formalise risk oriented correlates of development success into a readily applicable set of principles and practices. Earlier research suggests that it can reduce the likelihood of a system failure. Using a survey instrument we investigate this claim further. The investigation addresses the following questions: (1) which characteristics of risk management practices; and (2) which other environmental and process factors (such as development methods, manager's experience) relate to improved performance in managing software risks? Our findings support in general the claim that the use of risk management methods improves system development…
Attention Shaping and Software Risk—A Categorical Analysis of Four Classical Risk Management Approaches
1998
This paper examines software risk management in a novel way, emphasizing the ways in which managers address software risks through sequential attention shaping and intervention. Software risks are interpreted as incongruent states within a socio-technical model of organizational change that includes task, structure, technology, and actors. Such incongruence can lead to failures in developing or implementing the system and thus to major losses. Based on this model we synthesize a set of software risk factors and risk resolution techniques, which cover the socio-technical components and their interactions. We use the model to analyze how four classical risk management approaches—McFarlan's p…
INTRODUCING A THEORETIC MODEL AND AN EMPIRIC NORM FOR INFORMATION RISK MANAGEMENT IN DECISION MAKING
2017
Nowadays computer mediated communication (CMC) and the high volume of computed and stored information is getting a business on its own. Information is collected, aggregated, analyzed and used to create real business advantage and value but also risks within companies and also outside on the markets in a high volume. On the other hand, single individuals still need to deal and interpret this sheer mass of increasing information continuously. The change in information management and handling triggers the ongoing changes in decision makings on the operational level as well as on the strategic level. Information is a good sold itself and triggered an own industry of information brokerage. It op…