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Companies face a great challenge of balancing both risk and return on par. In today's volatile economic environment …, success depends on strategically managing risks. All organisations accept risk in every decision that they take and risk … with behavioral factors or qualitative. Effective strategic risk management must address both quantitative and qualitative …
Persistent link: https://www.econbiz.de/10012047271
challenges related to this transformation, based on observations from Finnish SMEs. Previous research on risk management in the … Finnish SMEs, the paper analyses the risk factors and risk management methods in export networks. The role of collaboration is … discussed, both as a source of risk and as a measure to decrease the risks. Based on the analysis, companies appear to value the …
Persistent link: https://www.econbiz.de/10012042884
This research studies risk and how to manage it during new product development projects. It highlights the major types … of risk in NDP as well as what are some of the more common risk management and process tools. The research proposes an … approach to risk management systems, and what managerial implications may arise. It is concluded that a team ought to develop a …
Persistent link: https://www.econbiz.de/10012042991
improvement and risk management should be key factors to insure company success. This study explores the relationship between the … components of continuous improvement and the classifications of risk management. Finally, this article focuses on three aspects … relationship between continuous improvement and risk management. …
Persistent link: https://www.econbiz.de/10012042997
Bayesian probability theory, signal detection theory, and operational decision theory are combined to understand how … need to effectively manage risk. Risk management needs to be addressed from the standpoint of convergent technology … applications and performance modeling. The example of an airplane during takeoff shows how a risk continuum needs to be developed …
Persistent link: https://www.econbiz.de/10012043084
-makers develop robust risk management strategies as related to their organizational supply chain agility, thereby ensuring their …
Persistent link: https://www.econbiz.de/10012043187
This article describes how as access to the Internet has increased, cybersecurity has become important, with businesses and the government spending much time and resources to combat cyber attacks. The purpose of this article was to review the existing literature related to cybersecurity....
Persistent link: https://www.econbiz.de/10012043518
consequence, the risk awareness, fault management and quality aspects become more important. One of the most well established risk … assessment method is Failure Mode and Effect Analysis (FMEA) – a reliability analysis and risk assessment tool widely used in … various industries. The traditional FMEA is using a Risk Priority Number (RPN) ranking system to evaluate and identify the …
Persistent link: https://www.econbiz.de/10012044422
. The research aimed to develop, propose and implement a risk management methodology to integrate in the project management … (PM) practices of an ongoing project. The methodology implemented allowed the project team to initiate systematized risk … risk management (PRM) process standardization in the EDP Distribution organization. …
Persistent link: https://www.econbiz.de/10012045087
and risk management strategies. The results of this research show that each manager must handle threats, because otherwise …
Persistent link: https://www.econbiz.de/10012045474