Here are the highlights of the attached White Paper on risk management as relates to condominium projects: There has been incredible growth in the housing market nationwide. Construction defect litigation has exploded in several states, drawing aggressive plaintiff law firms to what has become a “cottage industry” of filing suits on behalf of condominium owners and Homeowner Associat…
Abstract Purpose – The purpose of this paper is to explore the proposition that corporate social responsibility reporting could be viewed as both an outcome of, and part of reputation risk management processes. Design/methodology/approach – The paper draws heavily on management research. In addition, an image restoration framework is introduced. Findings – The concept of reputation r…
The underlying premise of enterprise risk management is that every entity exists to provide value for its stakeholders. All entities face uncertainty, and the challenge for management is to determine how much uncertainty to accept as it strives to grow stakeholder value. Uncertainty presents both risk and opportunity, with the potential to erode or enhance value. Enterprise risk management …
EXECUTIVE SUMMARY Managements of some companies and other entities have developed processes to identify and manage risk across the enterprise, and many others have begun development or are considering doing so. While considerable information on enterprise risk management is available, including much published literature, no common terminology exists, and there are few if any widely accepted pr…
This paper was prepared for the Intermodal Freight Transportation Institute (ITFI) at the University of Memphis to help advance research, education, and outreach related to intermodal freight transportation. The primary audience for the paper includes IFTI faculty, staff, and students as well as representatives of the public and private organizations that support IFTI. The paper is part of an …
The field of enterprise risk management (ERM) was born from corporate scandals early in this century. COSO published its Integrated Framework in 2004, outlining eight ERM components that, when present and functioning effectively, provide reasonable assurance an organization will meet its objectives. Since then, organizations have been increasingly urged to adopt risk oversight practices, wit…
PREFACE This guide is a catalogue of ideas, information, services and material available to those interested in energy conservation. It is intended to stimulate food and beverage processor's interest in energy conservation and give information on how to get an energy management program started. More specific information is available and advice should be sought from qualified engineering st…
The main objective of the paper is to discuss how indicators and metrics can be used in risk management. In introduction, there are presented some general ideas about enterprise risk management and its implementation using key risk indicators (KRIs). In Section, there are presented several definitions for KRI and the steps which must be followed for implementing a set of KRI. In Section 2, it i…
The purpose of this research is to introduce structures of strategic management of technology as elements in a conceptual framework. Design/methodology/approach: The approach of this study is abductive. The original framework is expanded and validated through inference to findings of large and small to medium-sized enterprise practices through interviews, finally ending on theory matching. …
Abstract: It is important to identify, measure, analyze and monitor risks such that risks can be properly managed with appropriate risk management decisions and actions to be taken on a timely basis. This paper describes ways to identify and measure various types of risks for management purpose. It suggests methods that can be used to report and/or integrate measurements of different types…