Download or read book Operational Risk Assessment written by Brendon Young and published by John Wiley & Sons. This book was released on 2010-12-03 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Operational risk assessment The Commercial Imperative of a More Forensic and Transparent Approach Brendon Young and Rodney Coleman “Brendon Young and Rodney Coleman's book is extremely timely. There has never been a greater need for the financial industry to reassess the way it looks at risk. [...] They are right to draw attention to the current widespread practices of risk management, which [...] have allowed risk to become underpriced across the entire industry.” Rt Hon John McFall MP, Chairman, House of Commons Treasury Committee Failure of the financial services sector to properly understand risk was clearly demonstrated by the recent 'credit crunch'. In its 2008 Global Stability Report, the IMF sharply criticised banks and other financial institutions for the failure of risk management systems, resulting in excessive risk-taking. Financial sector supervision and regulation was also criticised for lagging behind shifts in business models and rapid innovation. This book provides investors with a sound understanding of the approaches used to assess the standing of firms and determine their true potential (identifying probable losers and potential longer-term winners). It advocates a 'more forensic' approach towards operational risk management and promotes transparency, which is seen as a facilitator of competition and efficiency as well as being a barrier to fraud, corruption and financial crime. Risk assessment is an integral part of informed decision making, influencing strategic positioning and direction. It is fundamental to a company’s performance and a key differentiator between competing management teams. Increasing complexity is resulting in the need for more dynamic, responsive approaches to the assessment and management of risk. Not all risks can be quantified; however, it remains incumbent upon management to determine the impact of possible risk-events on financial statements and to indicate the level of variation in projected figures. To begin, the book looks at traditional methods of risk assessment and shows how these have developed into the approaches currently being used. It then goes on to consider the more advanced forensic techniques being developed, which will undoubtedly increase understanding. The authors identify 'best practice' and address issues such as the importance of corporate governance, culture and ethics. Insurance as a mitigant for operational risk is also considered. Quantitative and qualitative risk assessment methodologies covered include: Loss-data analysis; extreme value theory; causal analysis including Bayesian Belief Networks; control risk self-assessment and key indicators; scenario analysis; and dynamic financial analysis. Views of industry insiders, from organisations such as Standard & Poors, Fitch, Hermes, USS, UN-PRI, Deutsche Bank, and Alchemy Partners, are presented together with those from experts at the FSA, the International Accounting Standards Board (IASB), and the Financial Reporting Council. In addition to investors, this book will be of interest to actuaries, rating agencies, regulators and legislators, as well as to the directors and risk managers of financial institutions in both the private and public sectors. Students requiring a comprehensive knowledge of operational risk management will also find the book of considerable value.

Download or read book Plan Colombia The Strategic and Operational Imperatives written by Gabriel Marcella and published by DIANE Publishing. This book was released on with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States is committed to helping Colombia fight its struggle against the violence and corruption engendered by the traffic in narcotics. This report examines the strategic theory within Plan Colombia, the master plan which the government of Colombia developed to strengthen democracy through peace, security, and economic development. The author argues that the United States and the international community must support this beleaguered nation. He cautions, however, that the main responsibility for success lies with the Colombians. They must mobilize the national resources and make the sacrifices to win back the country from the narco-traffickers, the insurgents, and the paramilitaries. To that end, Plan Colombia is a well-conceived strategy that must be sustained for the long term.

Download or read book Operational Design written by Jeffrey M. Reilly and published by . This book was released on 2012 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Realizing the Potential of C4I written by National Research Council and published by National Academies Press. This book was released on 1999-06-17 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rapid progress in information and communications technologies is dramatically enhancing the strategic role of information, positioning effective exploitation of these technology advances as a critical success factor in military affairs. These technology advances are drivers and enablers for the "nervous system" of the militaryâ€"its command, control, communications, computers, and intelligence (C4I) systemsâ€"to more effectively use the "muscle" side of the military. Authored by a committee of experts drawn equally from the military and commercial sectors, Realizing the Potential of C4I identifies three major areas as fundamental challenges to the full Department of Defense (DOD) exploitation of C4I technologyâ€"information systems security, interoperability, and various aspects of DOD process and culture. The book details principles by which to assess DOD efforts in these areas over the long term and provides specific, more immediately actionable recommendations. Although DOD is the focus of this book, the principles and issues presented are also relevant to interoperability, architecture, and security challenges faced by government as a whole and by large, complex public and private enterprises across the economy.

Download or read book Parameters written by and published by . This book was released on 1987 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Tacit Knowledge Capture written by William G. Dzekashu and published by Xlibris Corporation. This book was released on 2015-06-19 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: About This Book: Knowledge loss forced organizations to develop knowledge capture programs. Yet captured knowledge proved deficient in quality, due in part to lack of integration of quality management throughout the capture process. This book presents the outcome of a case study that explored the impact of integrating quality management into the tacit knowledgecapture process. The study framed around Polanyis theory of tacit knowing proves the perfect management companion. From a social perspective, implementation of a model that encompasses personality and quality could improve the decision-making process. Book Review: This book presents the outcome of a case study investigation of quality problems associated with learning tacit knowledge. Using qualitative methods, Dr. Dzekashu finds through the study that focusing on human development needs and quality control in knowledge transmittal mitigates quality degradation issues associated with transmitting tacit knowledge. These findings provide important implications for managers seeking to maintain critical and quality mass of organizational knowledge in the face of a rapidly aging workforce. Hermann A. Ndofor, PhD, assistant professor, Mays Business School, Texas A&M University

Download or read book Reusing OCL in the Definition of Imperative Languages written by Fabian Büttner and published by Logos Verlag Berlin GmbH. This book was released on 2011 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Object Constraint Language (OCL) has proven to be a valuable ingredient for the specification of UML models. It allows to formulate logical propositions for models that typically cannot be expressed in the visual modeling paradigms of UML. A similar textual ingredient is required for the imperative specification of behavior in certain applications of UML, most prominently Executable UML models and model transformation. There is no such imperative language in the UML standard, but there are several candidates for such a language that are based on OCL for expressions. One of them is ImperativeOCL, which is part of the OMG Query, Views, Transformations (QVT) standard. However, the embedding of OCL into several of these languages is what we call a non-modular embedding. Such a non-modular embedding results in problems w. r. t. to language semantics and/or sets up obstacles for the reuse of existing OCL tools and instruments. In our work we therefore define requirements for a modular embedding of OCL into an imperative language. We introduce our language SOIL (Simple OCL-based Imperative Language) which embeds OCL in a modular way. We provide an informal description of SOIL as well as a formal definition of the language syntax and semantics, and prove its consistency and type safety. We describe applications of our approach in two fields: first, the extension of the UML-based Specification Environment (USE) by an imperative language and, second, the development of the model transformation tool XGenerator2 that has been successfully applied in several eGovernment projects. Our work makes three major contributions. First, we provide a critical review of the embedding of OCL into existing programming languages. Second, we provide a simple but already useful OCL-based imperative language with a sound and formal semantics that can be implemented out of the box using existing OCL engines. Third, our work contributes a general guideline for a safe embedding of OCL into other languages.

Download or read book Approach written by and published by . This book was released on 1976 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: The naval aviation safety review.

Download or read book The Value Imperative written by Gerald G. Grant and published by Springer. This book was released on 2016-06-20 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: Organizational executives must change the way they think about how to invest in and manage IT if they want to get lasting value from computer-based innovations. The old way of thinking has not served organizations well. They continue to experience high levels of technological and operational failures even though they apply a wide variety of industry best practices. The rapid pace of technological advancement has tended to hide some fundamental problems that have existed from the start. These involve, not the technology only, but also the management and application of that technology. The human and organizational factors have not kept pace. They have remained relatively static and, to a shocking degree, ineffective. As a result, the IT department in many organizations has remained a breed apart. Communication between IT and the rest of the organization is fraught with misunderstanding. This leads to failures, recrimination, and, sometimes, wholesale changes which fall well short of their goals. The authors wrote this book because they wanted to help both business and IT to shift their focus from technology project implementation to that of value realization. In The Value Imperative readers will be introduced to a new business model called The Agricultural Model created by the authors for managing IT in organizations. This innovative model will help you learn how to change the mindset of people in your organization about how IT should be invested in and managed; key considerations for ensuring that business value is delivered from IT investments; how to measure that value that has been delivered and whether there has been effective return on the investments made; and finally the authors challenge business and IT managers to focus on the business value that customers seek which will help companies.

Download or read book Programming Languages and Operational Semantics written by Maribel Fernández and published by Springer. This book was released on 2014-07-08 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an introduction to the essential concepts in programming languages, using operational semantics techniques. It presents alternative programming language paradigms and gives an in-depth analysis of the most significant constructs in modern imperative, functional and logic programming languages. The book is designed to accompany lectures on programming language design for undergraduate students. Each chapter includes exercises which provide the opportunity to apply the concepts and techniques presented.

Download or read book Subcommittee on Europe and the Middle East Economic and military aid programs in Europe and the Middle East written by United States. Congress. House. Committee on Foreign Affairs and published by . This book was released on 1979 with total page 610 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Leadership and Organisational Effectiveness Post COVID 19 written by Okechukwu E. Amah and published by Springer Nature. This book was released on 2023-06-10 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book considers the idea that existing leadership theories have arisen as a result of significant disruption in work structure. The authors argue that the Covid-19 pandemic provided such a disruption and an opportunity to reconceptualise leadership. In order to capture this opportunity and conceptualise new leadership theories, it is first necessary to understand what happened in the past, during the pandemic, and examine the future of work. Addressing three critical issues in leadership, the authors firstly present a framework that helps us understand and enact leadership in the ‘new normal.’ Parts 1 and 2 of the book address the past and current forms of leadership in the context of COVID-19. The book goes on to consider the lessons learned from COVID-19 in the context of the U.N Sustainability Development Goals (SDGs). The targets of SDGs 7 - 17 refer to the need for organisations to operate responsibly; they call for organisations to review their operations processes and to define effective performance using triple-bottom-line measures comprising economic, social and environmental measures. Since leadership plays a significant role in achieving these goals, the book includes chapters on efficiency in process design and operation, definition and implementation of the triple-bottom-line measures and ethical behaviours. Finally, the book explores how the current process of leadership development falls short in today’s context and calls for the need to develop effective leadership mindsets

Download or read book Shaping American Military Capabilities after the Cold War written by Richard Lacquement and published by Bloomsbury Publishing USA. This book was released on 2003-02-28 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: For more than 40 years, U.S. defense policy and the design of military capabilities were driven by the threat to national security posed by the Soviet Union and its allies. As the Soviet Union collapsed, analysts wondered what effect this dramatic change would have upon defense policy and the military capabilities designed to support it. Strangely enough, this development would ultimately have little effect on our defense policy. Over a decade later, American forces are a smaller, but similar version of their Cold War predecessors. The author argues that, despite many suggestions for significant change, the bureaucratic inertia of comfortable military elites has dominated the defense policy debate and preserved the status quo with only minor exceptions. This inertia raises the danger that American military capabilities will be inadequate for future warfare in the information age. In addition, such legacy forces are inefficient and inappropriately designed for the demands of frequent and important antiterrorist and peace operations. Lacquement offers extensive analysis concerning the defense policymaking process from 1989 to 2001, including in particular the 2001 Quadrennial Defense Review. This important study also provides a set of targeted policy recommendations that can help solve the identified problems in preparing for future wars and in better training for peace operations.

Download or read book Draft Environmental Impact Statement Supplement III to the Final Environmental Impact Statement Operation Maintenance and Minor Improvements of the Federal Facilities at Sault Ste Marie Michigan July 1977 Opening Operation of the Lock Facilities on 21 March written by United States. Army. Corps of Engineers. Detroit District and published by . This book was released on 1993 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Development Policy in the Twenty First Century written by Ben Fine and published by Routledge. This book was released on 2003-09-02 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Post-Washington Consensus has succeeded in becoming the new theoretical underpinning for the World Bank's Structural Adjustment policies in developing countries. This broad-ranging critique explains that without a much broader political economy the Post-Washington Consensus is unlikely to provide a coherent framework for successful development policies. Development Policy in the 21st Century is unique in its depth and assesses the postures of the new consensus topic by topic, whilst posing strong alternatives. It will improve and stimulate the reader's understanding of this important area, and is highly recommended to advanced students and professionals

Download or read book Armed Humanitarians written by Nathan Hodge and published by Bloomsbury Publishing USA. This book was released on 2011-02-15 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: A provocative critique of the United States's foreign policy and its experiment in armed nation-building traces the development and shortfalls of current theories about stability operations, militarized foreign assistance and armed humanitarianism.

Download or read book Professional Journal of the United States Army written by and published by . This book was released on 2011 with total page 756 pages. Available in PDF, EPUB and Kindle. Book excerpt: