Strategic Risk Management A New Framework Based On The Airbus A 380 Crisis


Strategic Risk Management A New Framework Based On The Airbus A 380 Crisis
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Strategic Risk Management A New Framework Based On The Airbus A 380 Crisis


Strategic Risk Management A New Framework Based On The Airbus A 380 Crisis
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Author : Jens Hermann Paulsen
language : en
Publisher: GRIN Verlag
Release Date : 2012-11-20

Strategic Risk Management A New Framework Based On The Airbus A 380 Crisis written by Jens Hermann Paulsen and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-11-20 with Business & Economics categories.


Research Paper (undergraduate) from the year 2011 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, Copenhagen Business School (Institute of Finance), course: Strategic Risk Management, language: English, abstract: The paper will outline major flaws in Airbus’s risk management and thereby identify reasons for the production delay of the Airbus 380. The Airbus A-380 project was launched in 2000 and remains the largest project in the company’s history. The Airplane was designed to carry up to 853 passengers and offer 50 per cent more floor surface than any other passenger aircraft. The total cost of development summed up to € 12 billion and it was planned to deliver the first aircraft to Singapore Airlines in 2005. In reality the first aircraft was delivered in 2007. The 2 years delay of the delivery of the first Airbus 380 eventually added up to an estimated sum of €4.8 billion loss in profit. The reason for this delay was that the pre-assembled wirings produced in Germany failed to fit into the frame when the plane was to assemble in France. This misfit can be attributed to the fact that the German plant used CATIA 4 (CATIA is a computer-aided design software) which was only able to show the plane as a two dimensional model while France used CATIA 5 which displayed the plane in three dimensions.



Fundamentals Of Enterprise Risk Management


Fundamentals Of Enterprise Risk Management
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Author : John Hampton
language : en
Publisher: AMACOM
Release Date : 2014-12-03

Fundamentals Of Enterprise Risk Management written by John Hampton and has been published by AMACOM this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-12-03 with Business & Economics categories.


This one-stop guide provides you with the tools and information you need to keep their twenty-first-century organizations as blissfully risk-free as possible. Risk in business cannot be avoided--but that doesn’t mean there isn’t a better way to work through it. The problem is that most risk management strategies, books, and experts are based on outdated concepts, technologies, and markets. Since the 2008 financial crisis that set the baseline for the roller-coaster market we deal with today, combined with the constantly changing developments in technology and communications, modern-day risk management demands dealing with up-to-the-minute approaches for defending against threats. Extensively updated, the second edition of Fundamentals of Enterprise Risk Management examines the latest technologies such as Riskonnect and High Tech Electronic Platform (HTEP), and helps you: recognize both internal and external exposures, understand crucial concepts such as risk mapping and risk identification, and align risk opportunities with their organization's business model. Packed with practical exercises and fresh case studies from organizations such as IBM, Microsoft, Apple, JPMorgan Chase, and Sony, this invaluable resource is key to assessing company risk, managing exposure, and seizing opportunities.



Fundamentals Of Enterprise Risk Management Chapter 12 Strategic Risk


Fundamentals Of Enterprise Risk Management Chapter 12 Strategic Risk
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Author :
language : en
Publisher:
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Fundamentals Of Enterprise Risk Management Chapter 12 Strategic Risk written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.




Fundamentals Of Enterprise Risk Management


Fundamentals Of Enterprise Risk Management
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Author : John Hampton
language : en
Publisher: AMACOM
Release Date : 2009-08-05

Fundamentals Of Enterprise Risk Management written by John Hampton and has been published by AMACOM this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-08-05 with Business & Economics categories.


This one-stop guide provides you with the tools and information you need to keep their twenty-first-century organizations as blissfully risk-free as possible. Risk in business cannot be avoided--but that doesn’t mean there isn’t a better way to work through it. The problem is that most risk management strategies, books, and experts are based on outdated concepts, technologies, and markets. Since the 2008 financial crisis that set the baseline for the roller-coaster market we deal with today, combined with the constantly changing developments in technology and communications, modern-day risk management demands dealing with up-to-the-minute approaches for defending against threats. Extensively updated, the second edition of Fundamentals of Enterprise Risk Management examines the latest technologies such as Riskonnect and High Tech Electronic Platform (HTEP), and helps you: recognize both internal and external exposures, understand crucial concepts such as risk mapping and risk identification, and align risk opportunities with their organization's business model. Packed with practical exercises and fresh case studies from organizations such as IBM, Microsoft, Apple, JPMorgan Chase, and Sony, this invaluable resource is key to assessing company risk, managing exposure, and seizing opportunities.



Risk Management And Corporate Sustainability In Aviation


Risk Management And Corporate Sustainability In Aviation
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Author : Triant G. Flouris
language : en
Publisher: Routledge
Release Date : 2016-04-08

Risk Management And Corporate Sustainability In Aviation written by Triant G. Flouris and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-08 with Business & Economics categories.


Sustainability factors should be considered by managers like any other business risk issue; these factors are expected to have a substantial impact on corporate management. Air transport corporations need a strong sustainability management framework to effectively manage economic, environmental and social risks to achieve their corporate sustainability objectives, and to meet their stakeholders' demands. This book offers a new Enterprise Sustainability Risk Management (ESRM) model to fulfill these requirements. In the model presented, the triple bottom line (TBL) agenda is incorporated into the companies' sustainability management. ESRM deals with the environmental, social, and ecological risks as well as the strategic, economic, operational, and threat risks of companies. The best corporate sustainability strategies and management approaches require the consideration of all corporate risks in both a holistic and systematic way. Flouris and Kucuk Yilmaz present an effective way to manage sustainability risks via a new, well-designed, integrated, dynamic and flexible framework. It introduces an opportunity for turning risks into potential corporate advantages. Risk Management and Corporate Sustainability in Aviation is addressed to professionals, students and researchers within air transportation business management and risk management.



Perspectives On Strategic Risk Management


Perspectives On Strategic Risk Management
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Author : Torben Juul Andersen
language : en
Publisher: Copenhagen Business School Press DK
Release Date : 2006

Perspectives On Strategic Risk Management written by Torben Juul Andersen and has been published by Copenhagen Business School Press DK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Business & Economics categories.


"Operating across international markets is a highly turbulent affair that imposes real challenges on corporate risk management capabilities. The multinational corporation is exposed to many diverse risks and exogenous influences beyond managerial control but also attain new strategic opportunities. The exposures range from price volatilities, changing macroeconomic conditions, and operational disruptions to technological innovations, competitive moves, and socio-political events. Strategic risk management can reduce the adverse effects from these exposures but may also furnish gains from new opportunities. This book relates to the need for effective strategic risk management practices that facilitate the ability to monitor essential exposures and respond appropriately to changing environmental conditions. "



Strategic Risk And Crisis Management


Strategic Risk And Crisis Management
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Author : DAVID. RUBENS
language : en
Publisher:
Release Date : 2023

Strategic Risk And Crisis Management written by DAVID. RUBENS and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.




Strategic Risk Leadership


Strategic Risk Leadership
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Author : Torben Juul Andersen
language : en
Publisher: Routledge
Release Date : 2021-09-26

Strategic Risk Leadership written by Torben Juul Andersen and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-09-26 with Business & Economics categories.


This casebook extends Strategic Risk Leadership: Engaging a World of Risk, Uncertainty and the Unknown, bringing theory and practice grounded in the first book to life with an array of applicable, real-world examples. The book enables critical thinking about the current state of risk management and ERM, demonstrating contemporary shortcomings and challenges from real-life cases drawn from a global selection of well-known organizations. It confronts modern risk management practices and discusses what leaders should do to deal with unpredictable environments. Providing a basis for developing more effective risk management approaches, the book identifies shortcomings of contemporary approaches to risk management and specifies how to deal with the major risks we face today, illuminated by a variety of comprehensive global examples. It also provides valuable insights on these approaches for managers and leaders in general—including risk executives and chief risk officers—as well as advanced risk management students. End-of-chapter cases illustrate both good and bad risk management approaches as useful inspiration for reflective risk leaders. This book will be a hugely valuable resource for those studying or teaching risk management.



Simplifying Risk Management


Simplifying Risk Management
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Author : Patrick Roberts
language : en
Publisher: CRC Press
Release Date : 2022-04-24

Simplifying Risk Management written by Patrick Roberts and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-04-24 with Business & Economics categories.


Recent decades have seen much greater attention paid to risk management at an organizational level, as evidenced by the proliferation of legislation, regulation, international standards and good practice guidance. The recent experience of Covid-19 has only served to heighten this attention. Growing interest in the discipline has been accompanied by significant growth in the risk management profession; but practitioners are not well served with suitable books to guide them in their work or challenge them in their professional development. This book attempts to place the practice of risk management within organizations into a broader context, looking as much at why we try to manage risk as how we try to manage risk. In doing so, it challenges two significant trends in the practice of risk management: • The treatment of risk management primarily as a compliance issue within an overall corporate governance narrative; and • The very widespread use of qualitative risk assessment tools (“heat maps” etc.) which have absolutely no proven effectiveness. Taken together, these trends have resulted in much attention being devoted to developing formalized systems for identifying and analyzing risks; but there is little evidence that this is driving practical, cost-effective efforts to actually manage risk. There appears to be a preoccupation with the risks themselves, rather than a focus on the positive actions that can (and should) be taken to benefit stakeholders. This book outlines a simple, quantitative approach to risk management which refocuses attention on treating risks; and presents choices about risk treatment as normal business decisions.



Risk Based Performance Management


Risk Based Performance Management
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Author : A. Smart
language : en
Publisher: Springer
Release Date : 2013-10-31

Risk Based Performance Management written by A. Smart and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-31 with Business & Economics categories.


Pulling together into a single framework the two separate disciplines of strategy management and risk management, this book provides a practical guide for organizations to shape and execute sustainable strategies with full understanding of how much risk they are willing to accept in pursuit of strategic goals.