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Books > Reference & Interdisciplinary > Communication studies > Decision theory > Risk assessment
Threats to an organization's operations, such as fraud, IT disruption or poorly designed products, could result in serious losses. Understand the key components of effective operational risk management with this essential book for risk professionals and students. Fundamentals of Operational Risk Management outlines how to implement a sound operational risk management framework which is embedded in day-to-day business activities. It covers the main operational risk tools including categorisation, risk and control self-assessment and scenario analysis, and explores the importance of risk appetite and tolerance. With case studies of major operational risk events to illustrate each concept, this book demonstrates the value of ORM and how it fits with other types of risk management. There is also guidance on the regulatory treatment of operational risk and the importance of risk culture in any organization. Master the essentials and improve the practice of operational risk management with this comprehensive guide.
Compliance has become key to our contemporary markets, societies, and modes of governance across a variety of public and private domains. While this has stimulated a rich body of empirical and practical expertise on compliance, thus far, there has been no comprehensive understanding of what compliance is or how it influences various fields and sectors. The academic knowledge of compliance has remained siloed along different disciplinary domains, regulatory and legal spheres, and mechanisms and interventions. This handbook bridges these divides to provide the first one-stop overview of what compliance is, how we can best study it, and the core mechanisms that shape it. Written by leading experts, chapters offer perspectives from across law, regulatory studies, management science, criminology, economics, sociology, and psychology. This volume is the definitive and comprehensive account of compliance.
Managing Risk: Technology and Communications is a practical guide to the effective management of technology and communications risks. Frequent high profile scares, like the Sasser worm and WiFi vulnerabilities, make a proactive approach essential and this book shows you how to put in place expedient checks, balances and countermeasures. Business networks are threatened by a host of factors, from employee abuse to non-compliance with data protection and libel laws, from hacker attacks to viruses and from extortion and terrorism to natural disaster. The costs of failing to manage systems risks can be immense and go beyond simple loss of productivity or even fraudulent losses to brand damage, theft of business secrets, expensive litigation, diminished customer confidence and adverse impacts on personnel and share value. This practical handbook includes examples, checklists and case studies to help you manage such hazards. The book covers: * accessibility of information; * acceptable use of information; * directors' legal duties; * general legal compliance; * protecting networks from external and internal threats; * encouraging security awareness at management and employee level; * reputational risk management; and * national and international risk and security standards. Managing Risk: Technology and Communications is the indispensable work of reference for IT and technology managers, HR managers, IT legal advisors, company secretaries and anyone seeking practical guidance on technology risks and their management.
Introduction to Chemical Exposure and Risk Assessment focuses on the principles involved in assessing the risks from chemical exposure. These principles include the perception of risk, an understanding of how numbers are handled, and how chemicals affect health. The book briefly describes the major sinks, such as water and air, where chemicals are introduced. This is followed by a discussion on how concentrations are estimated and risk assessments are made. A discussion of risk benefit analysis and a presentation of several case studies using the principles for assessing risks are also included.
Although several U.S. and European airlines have started providing human factors training to their maintenance personnel, the academic community (some 300 academic programs in the United States and several others in Europe and Asia) has not yet started offering formal human factors education to maintenance students. The highly respected authors strongly believe in incorporating the human factors principles in aviation maintenance. This is the first of two volumes providing effective behavioural guidance on risk management in aviation maintenance for both the novice and the experienced maintenance personnel. Its practical guidelines assist both student and practising aviation maintenance personnel to develop sustainable safety culture. For the maintenance community it provides some theoretical discussion about the "Why?" for risk management and then focus on the 'How?' to implement a successful error reduction program. To help the maintenance community in making a strong case to their financial managers, the authors also discuss the return on investment for risk management programs. The issue of risk management is taken at two levels. First, it provides a basic awareness information to those who have little or no knowledge of maintenance human factors. Second, it provides a set of practical tools for the more experienced people so that they can be more effective in risk management and error recovery in their jobs. This invaluable book serves as a practical guide as well as an academic textbook. The book covers fundamental human factors principles from a risk management perspective. Upon reading this informative book, the audience will be able to apply the basic principles of risk management to aviation maintenance environment, and they will be able to use low-risk behaviours in their daily work.
Siting Noxious Facilities explains and illustrates processes and criteria used to site noxious manufacturing and waste management facilities. It proposes a framework that integrates economic location analysis and risk analysis, emphasizing the reduction of uncertainty. This book begins by defining noxious facilities and considers the important role of manufacturing in the world economy, before going on to describe the historical practices used in locating these facilities for much of the twentieth century. It then shifts focus to analyze the complex set of considerations in the twenty-first century that mean that any facility that produces annoying smells and sounds, is unsightly and emits hazardous substances has had the bar of acceptability markedly raised for economic, environmental, social and political acceptability. Drawing on case study examples that highlight pollution prevention, choosing locations at major plants (CLAMP), negotiations, and surrendering control of an activity, Greenberg presents a hybrid framework that advocates the amalgamation of industrial location processes with human health and environmental-oriented risk analysis. This book will be of great interest to students and scholars of location economics, environmental science, risk analysis and land-use planning. It will also be of great relevance to decision-makers and their major advisers who must make choices about siting noxious facilities.
This book offers new insights into the excesses and uncanniness of the 'War on Terror' via an engagement with the pleasures of risk. Engaging with the unconscious, the excess, the uncanny and the spectacular dimensions of the 'War on Terror' - as made evident, for example, in the 2012 London Olympic Games and the 2013 manhunt for the Boston Marathon bombers - leads this book to probe the so-called order of things that has made this war intelligible in both mainstream and critical approaches to Security Studies and International Relations. Specifically, this book brings to light and theorizes the obscene pleasures of the 'War on Terror' and its supplementary precautionary risk logic. Coming to grips with this (i.e., the pleasures of risk), ultimately via an engagement with critical psychoanalytic theory, leads this book to argue that we may be other than we think we are within critical International Relations (IR) traditions. Furthermore, albeit without discounting the madness, if not desolation, of the present (extending from the 'War on Terror' to the politics of Brexit and Donald Trump), it suggests there may be some relief in that yet. This book will be of much interest to students of critical terrorism studies, critical security studies, political theory and International Relations broadly.
In the next wave of conduct regulation in financial markets, from 2021 conduct regulators in the UK and elsewhere expect firms to produce evidence on how they are improving behaviour and culture. Facing this, many practitioners are anxious that their current reporting and management information (MI) are irrelevant to meeting as-yet unclear regulatory expectations. This book provides the insights and tools firms need to report on culture, securing both enhanced business value and the regulator's approval. Culture is now seen as a key contributor to good governance, feeding into existing discourse on environmental, social and governance (ESG) factors and the emerging dialogue on 'non-financial (mis)conduct', but conventional measures of business quality are unfit for the new reporting agenda. Culture Audit in Financial Services follows the arc of 'behavioural regulation' to examine what the regulator really wants, before offering guidance on how culture audit differs from conventional auditing, how to put the latest pure-research findings to work, and the key features of well-designed conduct and culture reports. Written by an impartial author and a variety of contributors with extensive experience working with practitioners, regulators, and many of the world's finest academic initiatives, this book is filled with practical, grounded advice on how best to approach this new challenge and avoid infractions.
Toxic chemicals can exert effects on all levels of the biological hierarchy, from cells to organs to organisms to populations to entire ecosystems. However, most risk assessment models express their results in terms of effects on individual organisms, without corresponding information on how populations, groups of species, or whole ecosystems may respond to chemical stressors. Ecological Modeling in Risk Assessment: Chemical Effects on Populations, Ecosystems, and Landscapes takes a new approach by compiling and evaluating models that can be used in assessing risk at the population, ecosystem, and landscape levels.
There are many risks associated with IT projects that have the potential to threaten the success of the project at any stage of its development life cycle. By seeking commonalities between knowledge management and risk management, a way by which they can be integrated together to reduce these risks can be determined. Knowledge Management Techniques for Risk Management in IT Projects: Emerging Research and Opportunities is a collection of innovative research that examines the tools and techniques of knowledge management and integrates them with risk management techniques for better analysis of risks that can occur in different stages of IT projects. While highlighting topics including benchmark monitoring, integration management, and knowledge banks, this book is ideally designed for project managers, risk consultants, managers, industry professionals, researchers, and academicians.
Risk as we now know it is a wholly new phenomenon, the by-product of our ever more complex and powerful technologies. In business, policy making, and in everyday life, it demands a new way of looking at technological and environmental uncertainty. In this definitive volume, four of the world's leading risk researchers present a fundamental critique of the prevailing approaches to understanding and managing risk - the 'rational actor paradigm'. They show how risk studies must incorporate the competing interests, values, and rationalities of those involved and find a balance of trust and acceptable risk. Their work points to a comprehensive and significant new theory of risk and uncertainty and of the decision making process they require. The implications for social, political, and environmental theory and practice are enormous. Winner of the 2000-2002 Outstanding Publication Award of the Section on Environment and Technology of the American Sociological Association
Beginning from the premise that psychology needs to be questioned, dismantled and new perspectives brought to the table in order to produce alternative solutions, this book takes an unusual transdisciplinary step into the activism of Black feminist theory. The author, Suryia Nayak, presents a close reading of Audre Lorde and other related scholars to demonstrate how the activism of Black feminist theory is concerned with issues central to radical critical thinking and practice, such as identity, alienation, trauma, loss, the position and constitution of individuals within relationships, the family, community and society. Nayak reveals how Black feminist theory seeks to address issues that are also a core concern of critical psychology, including individualism, essentialism and normalization. Her work grapples with several issues at the heart of key contemporary debates concerning methodology, identity, difference, race and gender. Using a powerful line of argument, the book weaves these themes together to show how the activism of Black feminist theory in general, and the work of Audre Lorde in particular, can be used to effect social change in response to the damaging psychological impact of oppressive social constructions. Race, Gender and the Activism of Black Feminist Theory will be of great interest to advanced students, researchers, political activist and practitioners in psychology, counselling, psychotherapy, mental health, social work and community development.
The basis for much of medical public health practice comes from epidemiological research. This text describes current statistical tools that are used to analyse the association between possible risk factors and the actual risk of disease. Beginning with a broad conceptual framework on the disease process, it describes commonly used techniques for analysing proportions and disease rates. These are then extended to model fitting, and the common threads of logic that bind the two analytic strategies together are revealed. Each chapter provides a descriptive rationale for the method, a worked example using data from a published study, and an exercise that allows the reader to practice the technique. Each chapter also includes an appendix that provides further details on the theoretical underpinnings of the method. Among the topics covered are Mantel-Haenszel methods, rates, survival analysis, logistic regression, and generalised linear models. Methods for incorporating aspects of study design, such as matching, into the analysis are discussed, and guidance is given for determining the power or the sample size requirements of a study. This text will give readers a foundation in applied statistics and the concepts of model fitting to develop skills in the analysis of epidemiological data.
This companion to the bestselling Introduction to Health and Safety in Construction is an essential revision aid for students preparing for their written assessments on the NEBOSH National Certificate in Construction Health and Safety. Fully updated to the April 2015 specification, the revision guide provides complete coverage of the syllabus in bite-sized chunks, helping readers to learn and memorise the most important topics. Throughout the book, the guide links back to the Introduction to Health and Safety in Construction textbook, helping students to consolidate their learning. * Small and portable making it ideal for use anywhere: at home, in the classroom or on the move * Suggests useful tips on study and examination technique * Includes practice questions and answers based on NEBOSH exam questions * Everything you need for productive revision in one handy reference The Health and Safety in Construction Revision Guide, written by the renowned health and safety author and former NEBOSH Vice Chairman Ed Ferrett, will be an invaluable tool for students as they prepare for their NEBOSH exam and for their subsequent health and safety work.
Risk is the single most prevalent and enduring factor that influences every individual, organization, and society. We often seek protection from negative risk events, but also seek to take advantage of opportunities arising from positive risk events. We may feel overwhelmed by messages encountered in daily interactions with media and society, contributing to a sense of ambiguity over how to act in response to risk-related information and misinformation. We seek to leverage evidence and reason to find our own balance between both positive and negative outcomes in an uncertain world. This ground-breaking book delivers practical concepts and tools that empower readers to leverage innovations in risk science to improve their abilities to interpret, assess, communicate, and handle risk. It provides a practical non-quantitative approach to understanding risk and to making better decisions involving risk. Think RISK covers several key themes in risk science: a) The main goals and strategies for understanding and managing risk b) How readers can inform their risk stances by considering their own individual values and mission c) The difference between risk and safety, and how that difference is critical for managing risk d) The role of psychological factors when understanding and managing risk e) The role of communication when understanding and managing risk, and f) The general importance and incentives for effectively understanding and managing risk. Written for business professionals in all private and public sectors, this book will also be relevant to non-business professionals such as medical practitioners and policymakers and would be an ideal fit for executive education and seminar-style courses in universities, corporate books clubs and training seminars. Because it's based on foundational and scientifically accepted ideas and principles, the book should remain relevant for many years.
Your business reputation can take years to build--and mere minutes to destroy The range of business threats is evolving rapidly but your organization can thrive and gain a competitive advantage with your business vision for enterprise risk management. Trends affecting markets--events in the global financial markets, changing technologies, environmental priorities, dependency on intellectual property--all underline how important it is to keep up to speed on the latest financial risk management practices and procedures. This popular book on enterprise risk management has been expanded and updated to include new themes and current trends for today's risk practitioner. It features up-to-date materials on new threats, lessons from the recent financial crisis, and how businesses need to protect themselves in terms of business interruption, security, project and reputational risk management. Project risk management is now a mature discipline with an international standard for its implementation. This book reinforces that project risk management needs to be systematic, but also that it must be embedded to become part of an organization's DNA. This book promotes techniques that will help you implement a methodical and broad approach to risk management.The author is a well-known expert and boasts a wealth of experience in project and enterprise risk managementEasy-to-navigate structure breaks down the risk management process into stages to aid implementationExamines the external influences that bring sources of business risk that are beyond your controlProvides a handy chapter with tips for commissioning consultants for business risk management services It is a business imperative to have a clear vision for risk management. "Simple Tools and Techniques for Enterprise Risk Management, Second Edition" shows you the way.
Bow Tie Methodology (BTM) consists of two methods, Fault Tree Analysis (FTA) and Event Tree Analysis (ETA), which are connected by a single event. The methodology is holistic and provides the tools and pre-event analysis, which is also called the risk calculations, and post-event analysis, also called the risk mitigations, of quality and safety related events. There are plenty of articles or chapters on this methodology, however there is no book that covers everything in one place. The book is filled with examples taken from the aviation industry and elaborates theory implemented in practice, which gives quality and safety practitioners a guidance on how to use and apply BTM in practice.
Bow Tie Methodology (BTM) consists of two methods, Fault Tree Analysis (FTA) and Event Tree Analysis (ETA), which are connected by a single event. The methodology is holistic and provides the tools and pre-event analysis, which is also called the risk calculations, and post-event analysis, also called the risk mitigations, of quality and safety related events. There are plenty of articles or chapters on this methodology, however there is no book that covers everything in one place. The book is filled with examples taken from the aviation industry and elaborates theory implemented in practice, which gives quality and safety practitioners a guidance on how to use and apply BTM in practice. |
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