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• Management Of Risk
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Supplier relationship management Value measurement
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avoiding stock-outs through joint demand
forecasting); and improved management of
risk
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Vascular surgery - Major trials
- MASS Trial. – the Multicentre Aneurysm
Screening Study (MASS) trial. Four centres
(about 70000 men); screening (and
treatment) vs. control group. AAA-related
mortality in the screening arm reduced by
about 40%; emergency ruptured AAA
reduced by about 70%; disruption to elective
work was reduced; and better management
of risk factors and ITU/HDU beds. The overall
survival benefits remain difficult to estimate,
nevertheless, screening for AAA is
recommended [level of recommendation: B].
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Carbon emission trading - Trading
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Some analysts argue that allowing others
to participate in trading, e.g., private
brokerage firms, can allow for better risk
management|management of risk in the
system, e.g., to variations in permit prices
(Bashmakov et al.., 2001)
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Dodd–Frank Wall Street Reform and Consumer Protection Act - Title VIII –
Payment, Clearing and Settlement Supervision
Title VIII, called the Payment, Clearing, and Settlement
Supervision Act of 2010,, § 801 aims to mitigate systemic risk
within and promote stability in the financial system by tasking
the Federal Reserve to create uniform standards for the
management of risks by systemically important financial
organizations and institutions by providing the Fed with an
enhanced role in the supervision of risk management
standards for systemically important financial market utilities;
strengthening the liquidity of systemically important financial
market utilities; and providing the Board of Governors an
enhanced role in the supervision of risk management
standards for systemically important payment, clearing, and
settlement activities by financial institutions., § 802
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Dodd–Frank Wall Street Reform and Consumer Protection Act - Subtitle C –
Improvements to the Regulation of Credit Rating Agencies
Subtitle C cites findings of conflicts of
interest and inaccuracies during the recent
financial crisis contributed significantly to
the mismanagement of risks by financial
institutions and investors which in turn
adversely impacted the health of the
United States economy as factors
necessitating increased accountability and
transparency by credit rating agencies., §
931(5)
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Information risk management - Medical device risk management
The management of risks for medical
devices is described by the International
Organization for Standardization (ISO) in
ISO 14971:2007, Medical Devices—The
application of risk management to medical
devices, a product safety standard
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Information security policies - Change management
One of
Management's many
responsibilities is
the management of
risk
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International Risk Governance Council - Historical background
IRGC was established in 2003
following the heightened level of
public concern about the management
of risks in the late 1990s
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Risk Management Information Systems - Overview
The management of risk data and
information is key to the success of any
risk management effort regardless of an
organization's size or industry sector. Risk
management information systems/services
(RMIS) are used to support expert advice
and cost-effective information
management solutions around key
processes such as:
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Environmental Risk Management Authority
:Achieve effective prevention or
management of risks to the
environment, public health and safety
associated with importing or
manufacturing hazardous substances
and introducing new organisms, and
their use.
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Risk Management Authority
*set standards for, and issue guidance to those
involved in the assessment and management of risk
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Quantitative analysis (finance) - History
Although the language of finance now
involves Itō calculus, management of risk
in a quantifiable manner underlies much of
the modern theory.
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Safety management systems - International Labour Organisation SMS model
# Planning and Implementation –
What legislation and standards apply
to our organisation, what OSH
objectives are defined and how are
these reviews, hazard prevention and
the assessment and management of
risk.
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Risk-based audit
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'Risk-based auditing' is a style of
auditing which focuses upon the
analysis and management of risk.
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National Association of Corporate Directors - Role in the Corporate Governance
Movement
Audit committee duties, at a
minimum, should include two key
elements: a) oversight of the quality
and integrity of financial reports and
the process that produces them; b)
oversight of the management of risk
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Entrepreneurial leadership - Definitions and theories
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An entrepreneurial leader will proactively
identify opportunities to gain advantage
through creativity, innovation and market
understanding and then hold themselves
responsible for delivering what customers
need via the effective management of risk
to optimise outcomes for both the
organization and the
customer.http://chrisroebuck.co/media/tvand-radio-interviews/1299-2/
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Entrepreneurial leadership - Attributes of an entrepreneurial leader
Key to this is the effective
management of risk rather than the
minimisation of risk often sought
within corporate environments
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Neo-Keynesian economics - New Keynesian economics
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Imperfect decision making such as that
investigated by Joseph Stiglitz
underlines the importance of
management of risk in the economy.
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Global financial system - Reform efforts
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Strengthening financial institutions
necessitates stronger capital
requirements and liquidity
provisions, as well as better
measurement and management of
risks
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Information Framework - IBM Banking and Financial Markets Data Warehouse
(BFMDW)
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The management of risk is strategic to an
organization’s corporate intent and survival
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Intelligence-led policing
'Intelligence-led policing (ILP)' is a
policing model that is built around the
assessment and management of
risk.Willem de Lint, “Intelligence in Policing
and Security: Reflections on Scholarship,”
Policing Society, Vol
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Business transaction performance - Description
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Users benefit with lower costs as this
approach obviates the standard
practice of over provisioning
hardware to accommodate
performance, improvements in
service due to its multi-tier visibility
and better management of risk as its
predictive capabilities prevent
business process disruption.
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Environmental health officer - Jobs
The common identifier of
environmental health personnel is
that they are responsible for the
identification, evaluation and
management of risks to human health
from factors in the environment,
whether on behalf of government
agencies or commercial and
industrial concerns.
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Parole officer - Probation officers in England and Wales
The work involves focuses on the
management of risk of serious harm
associated with offenders; on sentence
planning and the selection and delivery of a
range of interventions aimed at reducing
reoffending; and on supervising, and
variously devising, delivering or
subcontracting schemes by which offenders
having Community Payback sentences can
discharge their requirement to perform
unpaid work
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Financial sector development
The five key functions of a financial
system in a country are: (i) information
production ex-ante|ex ante about
possible investments and capital
allocation; (ii) monitoring investments
and the exercise of corporate
governance after providing financing;
(iii) facilitation of the trading,
diversification, and management of risk;
(iv) mobilization and pooling of savings;
and (v) promoting the exchange of goods
and services.Based on broad reviews of
the relevant theoretical and empirical
literature, Levine (1997,2005)
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