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…
This thesis investigates the impact of the Total Quality Management (TQM) movement on the logistics industry as a whole, and, more specifically, its impact within the trucking industry. Its focus then narrows to study the practical aspects of implementing a W. Edwards Deming- based quality program within a particular trucking company,MasonTransporters,Inc. The effectiveness of the company's imp…
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 …
In recent years I have been amazed by the number of books written on the subject of risk management that completely fail to prescribe risk measurement techniques. If you are looking for a history of risk management or information on trends in risk management or case studies on best practices in risk management or insight on how to build the right (i.e., risk-sensitive) culture, then you ne…
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…
By now it has been clear that urgent action is needed if we are to avoid a global water crisis. Despite the vital importance of water to all aspects of human life, the sector has been plagued by a chronic lack of political support, poor governance and underinvestment. As a result, hundreds of millions of people around the world remain trapped in poverty and ill health and exposed to the risks o…
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…
Although strategic management of R&D portfolios is common practice in private sector R&D, government R&D management tends to be more discrete and ad hoc, focusing on generating maximum output from individual projects. Often, there is no clear notion of the desired public sector output.Whereas private sector R&D evaluation is generally straightforward, with the function of R&D being measured…
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. …