Managing Risks Associated With Stress
Describe how to maintain life balance and manage risks associated with stress
Maintaining life balance requires happiness. Even during stress, an individual should not allow all the stressors to take a toll on him/her. Avoiding stressors is the most appropriate way of managing stress. Developing new habits could help remove and distract an individual from stressful situations, pressures and stressors, which is essential in managing stress permanently. In this modern world, individuals must learn to change and minimize their exposure to stressful situations. While this technique does not change the situations causing stress, it enables an individual to change his/her relationship and reaction to the stressful situations hence maintaining a life balance.
Early Warning Systems are often used to identify officers at risks of family violence. Describe how to use an early warning system to identify officers at risk of using excessive force.
Officers with personality disorders are at…...
Healthcare Management
isk management in healthcare organizations includes activities that integrating the recognition of risks, assessments of risks, coming up with strategies to be used and mitigation of these risks that have been identified. The focus on this paper is how to proactively prevent risks in healthcare organizations. The area of focus in financial risk management is risks that are managed using trade financial instruments such financial management systems, appropriate EM, coding, billing, collections, general accounting, budgeting, expense management, managed care contract strategy and vendor relations processes. isks are unavoidable and are present in every human situation .T he most common concept that appears in all definitions of risks is the uncertainty of the outcomes involved in the risks. Due to the uncertainty of the nature of risks the healthcare systems should have proactive measures in place to ensure that these risks are prevented and do not take place at any…...
mlaReferences
University of California (2008). Ways to Reduce Risk. Retrieved March 24, 2014 from http://map.ais.ucla.edu/go/1000570
ECRI Institute ( 2010). Sample Risk Management Plan for a Community Health Center Patient Safety and Risk Management Program. Retrieved March 24, 2014 from http://bphc.hrsa.gov/ftca/riskmanagement/riskmgmtplan.pdf
Berg H., (2010). Risk Management: Procedures, Methods and Experiences. Retrieved March 24, 2014 from http://gnedenko-forum.org/Journal/2010/022010/RTA_2_2010-09.pdf
The World Bank Group, (2014).Better Risk Management Can Unlock Opportunities, Prevent Crises, and Protect Poor amidst Disasters and Shocks, Says World Bank . Retrieved March 24, 2014 from http://www.worldbank.org/en/news/press-release/2013/10/06/better-risk-management-unlock-opportunities-prevent-crises-protect-poor-amidst-disasters-shocks
This focus on the key success steps associated with a project is an effective way to concentrate on the most critical problems, rather than focus on every possible potential problem. In addition, while some would say that it is better to prepare for the worst and think of every possible problem, this in itself can be a waste of resources and can reduce the amount of focus on the most important potential problems.
The next important issue is how to manage identified risk. This process is one that requires careful balance. Most importantly, the resources put into a project need to be balanced effectively. For example, consider a project where a potential major risk is identified, but it only has a 1% chance of occurring. Is it beneficial to invest a large amount of resources to reduce the impact of this risk? In most cases, the answer will be no.…...
mlaBibliography
Daft, R.L. (1997). Management. Fort Worth, TX: The Dryden Press.
Department of Information Resources (2003). Process for analyzing and managing project risk. Retrieved April 28, 2005, from Department of Information Resources (Texas). Web site: http://www.dir.state.tx.us/eod/qa/risk/
Focused Performance. (2005). Critical chain and risk management: Protecting project value from uncertainty (part 1). Retrieved April 28, 2005, from Focused Performance. Web site: http://www.focusedperformance.com/articles/ccrisk.html
Robbins, S.P., Bergman, R., & Stagg, I. (1997). Management. New York: Prentice Hall.
IT Planning
Managing isks of Large-Scale IT Projects
Designing and implementing an effective online national learning system that can scale to securely support 30,000 employees across Colorado, Illinois, Florida and Texas in addition to supporting advanced professional development applications, calendaring, data uploads and downloads and social media is fraught with risks. There are many potential risks to this system both at the user adoption and technology-related levels. The intent of this analysis is to list the most significant risks, followed by the defining of the top two. These two most significant risks will have a plan developed to mitigate their potential impact on the project. Empirical studies indicate that knowledge-based IT projects have the greatest risk in that they include the most amount of change management (Alhawari, Karadsheh, Talet, Mansour, 2012). With a system such as the one designed there is also the paradox of significant value being delivered while also requiring…...
mlaReferences
Alhawari, S., Karadsheh, L., Talet, A.N., & Mansour, E. (2012). Knowledge-based risk management framework for information technology project. International Journal of Information Management, 32(1), 50.
Ali, S., & Green, P. (2012). Effective information technology (IT) governance mechanisms: An IT outsourcing perspective. Information Systems Frontiers, 14(2), 179-193.
Besner, C., & Hobbs, B. (2012). The paradox of risk management; a project management practice perspective. International Journal of Managing Projects in Business, 5(2), 230-247.
de Bakker, K., Boonstra, A., & Wortmann, H. (2012). Risk managements communicative effects influencing IT project success. International Journal of Project Management, 30(4), 444.
Jansen and RiskAs the CEO of Sydney IVF, Jansen managed the company's risks by focusing on staying at the forefront of scientific knowledge through research and development. He also used corporate governance standards to oversee profit growth. On top of this, he emphasized ethics in the workplace and in business practices to reduce the risk of problems arising via fraud. Finally, he made it a point to serve the community to ensure stakeholder satisfaction on that end. All of this contributed to a good management of the companys various risks (Simons et al., 2009).The first step in his approach was to make sure the company had a high degree of scientific knowledge. Jansen put priority on investing in research and development to do so. Thus, Sydney IVF was able to develop new tech and improve its already operational practices so as to make them more effecient. This in turn let…...
mlaReferences
Simons, R. (2009). Sydney IVF: Stem Cell Research. HBS.
SEC vs. BancorpThe SEC has charged The Bancorp, Inc. with improper valuations related to commercial real estate securitizations. According to the SEC, The Bancorp used unrealistic assumptions and flawed methodologies when valuing certain properties that served as collateral for the securitizations. As a result, the SEC alleges that The Bancorp overstated the value of the collateral by millions of dollars.This case highlights the importance of accurate valuations in the context of securitizations. In order to ensure that investors are getting what they expect, it is essential that all asset values be accurately stated. This case also underscores the importance of adhering to generally accepted accounting principles (GAAP). The SEC specifically charged Bancorp with violating Sections 13(a), 13(b)(2)(A), and 13(b)(2)(B) of the Securities Exchange Act of 1934 and Exchange Act ules 12b-20, 13a-1, and 13a-13. In response to the charge, and without admitting or denying the SEC\\\'s findings, Bancorp consented to…...
mlaReferencesKeys, B. J., Mukherjee, T., Seru, A., & Vig, V. (2009). Financial regulation and securitization: Evidence from subprime loans. Journal of Monetary Economics, 56(5), 700-720.SEC. (2022). SEC Charges the Bancorp, Inc. for Improper Valuations Related to Commercial Real Estate Securitizations. Retrieved from https://www.sec.gov/enforce/34-95589-s
isk and Insurance Management
isk is believed to be a newly coined word of assurance (for example, Ewald, 1991: 198). One of the broadly shared suppositions regarding insurance is that it spins around an instrumental concept of risk. Possibility and the amount of influence make up a technical concept of hazard/risk and hazard administration is chiefly worried about reviewing these possibilities and influences (for an overview see Gratt, 1987). For instance, external profits of financial or political occurrences lay down thresholds for the availability of associated risk guesstimates or reckonings (Huber, 2002).
So, the range of the risk groups cannot be clarified by risk judgment single-handedly; peripheral circumstances that could be political, financial or inclusive of image, arts and manners, are also required to be taken into account. Therefore, if risks are not be present, per se, but are deliberately selected, we can go a step ahead and presume them to be…...
mlaReferences
Douglas, M. And Wildavsky, A. (1982) Risk and Culture. An Essay on the Selection of Technical and Environmental Dangers. Berkeley: University of California Press.
Evers, A. And Nowotny, H. (1987) Uber den Umgang mit Unsicherheit. Die Entdeckung der Gestaltbarkeit von Gesellschaft. Frankfurt / Main: Suhrkamp.
Ewald, F. (1991) 'Insurance and Risk' in Burchell, G., Gordon, C. And Miller, P. (eds.) The Foucault Effect: studies in governmentality . London: Harvester Wheatsheaf.
Gratt, L.B. (1987) 'Risk Analysis or Risk Assessment: a proposal for consistent definitions' in Covello, V. And Lave, L. (eds.) Uncertainty in Risk Assessment, Risk Management and Decision Making, Advances in Risk Analysis (4). New York: Plenum Press.
isk-Taking Behavior and isk Management
isk Management Article eview
Dominic Cooper (2003) reviews the various factors that influence risk outcomes, with a focus on how personality can have a significant effect on risk-taking behavior. The first half of the article dives into the admittedly murky waters of the associations between personality types, group dynamics, and risk-taking behavior, while the second half discusses risk management and control strategies. Importantly, Cooper states explicitly that individual and group factors are hard to control or change. Despite this attitude, he puts considerable effort into describing the different personality types, their propensity for risk-taking behavior, and the likelihood of harm. In the final analysis, personality, task experience, promise of a reward, and group dynamics seem to have the greatest influence on risk-taking behavior. If the first half of the article were to have a summary, it would be that the sources of risk amenable to controls, people…...
mlaReferences
Baker, Dorothy I., Gottschalk, Margaret, and Bianco, Luann M. (2007). Step-by-step: Integrating evidence-based fall-risk management into senior centers. Gerontologist, 47(4), 548-554
Cooper, Dominic. (2003). Psychology, risk & safety: Understanding how personality & perception can influence risk taking. Professional Safety, November, p. 39-46.
Project isk Management
isks associated with projects successful completion
A project is an undertaking of human beings towards satisfying world needs. Projects are endeavors with a defined beginning and an end. Projects suffer from scope, time, cost and quality constraints. It is necessary for project managers to manage the risk of developing weak scope. Scope of a project incorporates the objectives of a project, the target population, the output and impact of that endeavor. Therefore, managers of project need to do a problem analysis, stakeholder analysis, environment analysis to know if the project is sustainable (Cleland & King, 1988). On the risk of time, managers need skills on time management. Management of projects requires one to be well versed in developing schedules. Time management involves developing systems that has a specific time of completion and start time.
Scheduling of projects includes hiring of individuals for the accomplishment of projects. There is a need…...
mlaReferences
King, W.R. (Eds.) & Cleland, D.I., & (1988). Project management handbook (Vol. 2). New
York: Van Nostrand Reinhold.
Anbari, F. T & Kwak, Y.H., (2009). Analyzing project management research: Perspectives from top management journals. International Journal of Project Management, 27(5),
435-446.
Facility isk Management
isk Management Facility Issue: Infant Abduction
isk is defined as "anything that threatens the ability of [a] business to accomplish its mission." (Pakeys, 2010) The risk management plan is held to be "much broader than the emergency preparedness plan" and involves the management of risk, which offers a method of protecting against unforeseen hazards, and the routine risks faced by workers each day. (Pakeys, 2010) The express reason for a risk management plan in Facility Management is lower the likelihood that an accident or failure event occurs and to minimize the results in terms of consequences of accidents or failure events.
Developing and Implementing a Facility isk Management Program
According to the Nurses Service Organization there are specific steps to taken in the facility risk management planning which includes: (1) stating the goals of the organization; (2) describing the program's scope, components and methods; (3) delegation of responsibility for implementation and…...
mlaReferences
Busowsky, Garry (nd) Risk Management in Facility Management. Retrieved from: http://www.beims.com/fm_news/white_papers/Risk_Management_in_FM.pdf
Risk Management Plan Guide (2010) Pennsylvania Early Learning Organization. Retrieved from: http://www.pakeys.org/docs/LM-05%20Risk%20Management%20Guide%205.1.08.pdf
Basic Principles of Risk Management (2006) Risk Advisor -- Nurses Service Organization. Retrieved from: http://www.nso.com/pdfs/newsletters/2006-NSO-firms-brief.pdf
Schumann, Andrew. J. (1999) Infant Abductions: Preventing the Unthinkable. Contemporary Pediatrics. 1 Oct. 1999. Retrieved from: http://mediwire.sma.org/main/Default.aspx?P=Content&ArticleID=140246
isk at Global Green Books Publishing Mini Case 1Key isksKey risks for Global Green Books included not getting ebooks to the new college customer on time, operating without any project management toolsno project software or techniques for estimation, and operating without a budget; and operating without communicating to stakeholders, and without a process of managing risk. As a result of operating in this manner, these risks soon turned into real problems. The company was unable to control costs, unable to provide quality texts, unable to deliver on time, and unable to leverage resources effectively. The company stumbled just as it took on a new, large contract with the college, which to fulfill would require discipline, coordination, organization, oversight, and risk management. Global Green had enjoyed success in its first two year by essentially flying by the seat of its pantsbut now it had big customers with big needs and big…...
mlaReferencesLarson, E., & Gray, C. (2017). Project Management: The Managerial Process 7e. McGraw Hill.Larsson, J., & Larsson, L. (2020). Integration, application and importance of collaboration in sustainable project management. Sustainability, 12(2), 585.
isk Management in Family Owned Businesses
A family business can be simply described as "any business in which a majority of the ownership or control lies within a family, and in which two or more family members are directly involved" (Bowman-Upton, 1991). In other words, it is a multifaceted, twofold structure consisting of the family and the business meaning that the involved members are both the part of a job system and of a family system (Bowman-Upton, 1991).
Most families seek stability, intimacy, a sense of community, and belonging through the family business (Hess, 2006). On the other hand, whenever family and business are mentioned together, a majority of people think of continuous conflict, competition and contention (Crenshaw, 2005). However, "successful family businesses do not let the family destroy the business or the business destroy the family" (Hess, 2006).
The family-owned businesses are the backbone of the world financial system. According to a…...
mlaReferences
Barrese, J., & Scordis, N. (2003). Corporate Risk Management. Review of Business, 24 (3), Retrieved August 17, 2012 from http://www.questia.com/read/1G1-111508707/corporate-risk-management
Bodine, S.W., Anthony, P., & Walker, P.L. (2001). A Road Map to Risk Management: CPAs Can Help Companies Manage Risk to Create Value. (Consulting). Journal of Accountancy, 192 (6), Retrieved August 17, 2012 from http://www.questia.com/read/1G1-80750205/a-road-map-to-risk-management-cpas-can-help-companies
Bowman-Upton, N. (1991). Transferring Management in the Family-Owned Business. Retrieved August 14, 2012 from http://archive.sba.gov/idc/groups/public/documents/sba_homepage/serv_sbp_exit.pdf
Caspar, C., Dias, A.K., & Elstrodt, H. (2010, January).The Five Attributes of Enduring Family Businesses. Retrieved August 15, 2012 from Downloads/McKinsey Quarterly - Jan 2010.pdfhttp://www.businessfamily.ca/cert_register_files/Web
Most developed economies, however, allow the market to set exchange rates, only influencing currency values through indirect means such as the increased or reduced sale of bonds to foreign entities and individuals, or through other means of international wealth exchange. Essentially, all manipulations of exchange rates and actions based on predictions of exchange rates are focused on the forward exchange rate, or the predicted rate of exchange between two currencies at a future point in time.
The spot exchange rate, on the other hand, is the rate of exchange at the current moment in time. It is through a comparison of the spot rate and the forward rate of exchange -- inasmuch as it can be predicted with any accuracy -- that companies and businesses make decisions that affect either the exchange rate itself (in the case of some governments, notably China in the modern period), or more often make…...
mlaReferences
Christofferson, Peter F. Elements of Financial Risk Management. San Diego: Elsevier Sciences, 2003.
Comptroller of the Currency Administrator of National Banks. Interest Rate Risks. 1997. Accessed 19 March 2010. http://www.occ.treas.gov/handbook/irr.pdf
Cusatis, Patrick and Martin R. Thomas. Hedging Instruments and Risk Management. New York: McGraw Hill, 2005.
Dun & Bradstreet. Financial Risk Management. New Delhi: McGraw Hill, 2008.
Phishing Spea Phishing and Phaming
The following is intended to povide a vey bief oveview of examples of some the most dangeous and pevasive secuity isks in the online and netwoked wold. One of the most insidious of identity theft is known as phishing. The tem 'phishing' efes to the pactice of "fishing fo infomation." This tem was oiginally used to descibe "phishing" fo cedit cad numbes and othe sensitive infomation that can be used by the ciminal. Phishing attacks use "…spoofed emails and faudulent websites to deceive ecipients into divulging pesonal financial data, such as cedit cad numbes, account usenames and passwods, social secuity numbes etc." (All about Phishing) . Thompson ( 2006) clealy outlines the basics of a phishing attack.
A typical phishing sends out millions of faudulent e-mail messages that appea to come fom popula Web sites that most uses tust, such as eBay, Citibank, AOL, Micosoft and the…...
mlareferences the CISA Review Manual, 2006.
Thompson, S.C. (2006). Phight Phraud: Steps to Protect against Phishing. Journal of Accountancy, 201(2).
This study by Thompson provides some significant aspects that the business owner and customers in online commerce should pay attention to. These include basic but important aspect that should include in e-training; for example, never e-mail personal or financial information or never to respond to requests for personal information in e-mails. This provides useful background to the issue of risk identification and is also related management of this threat.
Wetzel R. ( 2005) Tackling Phishing: It's a Never-Ending Struggle, but the Anti-Fraud Arsenal Continues to Grow. Business Communications Review, 35, 46+.
This study A sheds light on the implications in term of the costs of identity fraud to financial institutions. The study underscores the severity of the vulnerabilities faced by today's organizations in the online world. The author refers to the obvious cost to intuitions like banks and also discusses hidden costs that relate to the erosion of customer confidence as a result of ID theft.
Often an entire structural reassessment may be need to reach optimal temperature control for the workplace, To improve temperature control, insulation may be required to keep hot and cold air in and keep the outside temperature and humidity from affecting the workers inside. Air-conditioning is the solution of most workplaces to long, hot summers, but having windows that open can cut down on air-conditioning costs and enable workers to still work even when the temperature control system has been shut down. Having blinds to shield the light from hot windows, minimizing exposure to direct sunlight in general and providing ample water and cooling beverages can also help. If no internal cooling systems are available, allowing employees to take breaks or even to work different shifts (such as avoiding the hotter times of the day) can be valuable (Thermal comfort for office work, 2014, CCOHS). This may be necessary in outdoor…...
mlaReferences
Employers guide. (2014). HSE. Available:
[3 May 2014]http://www.hse.gov.uk/temperature/thermal/managers.htm
Martinez, I. (2014). Human thermal comfort. Available:
[3 May 2014]http://webserver.dmt.upm.es/~isidoro/Env/Human%20thermal%20comfort.pdf
The Impact of Artificial Intelligence on Human Society
The Ethical Implications of AI: Balancing Progress with Human Well-being
The Economic Impact of AI: Transforming Industries and Empowering Efficiency
AI and Social Inequality: Addressing the Potential Divide
The Future of Education in the Age of AI: Empowering Personalized Learning
The Transformative Potential of AI in Medicine: Enhancing Diagnosis, Treatment, and Care
Technical and Philosophical Aspects of AI
The Turing Test and the Nature of Consciousness in AI
Machine Learning Algorithms: Exploring Techniques and Applications
Bias and Fairness in AI: Mitigating Unintended Consequences
The Singularity Hypothesis: Exploring the Future of AI and its....
Original Thesis Statement:
Investing in diversified asset classes with a long-term horizon will provide superior returns while mitigating risk.
Revised Thesis Argument:
Introduction:
In today's increasingly complex and volatile financial markets, investors face a daunting task when it comes to making informed investment decisions. The traditional approach of investing solely in stocks and bonds has become less effective due to low interest rates and market fluctuations. This has led to the growing popularity of alternative asset classes, such as real estate, commodities, and private equity.
Thesis:
I argue that a diversified portfolio that includes both traditional and alternative asset classes, and is held over a long-term....
Original Thesis Statement:
In today's ever-evolving financial landscape, strategic investment decisions are paramount for maximizing portfolio growth and mitigating risks. By meticulously analyzing market trends, evaluating investment opportunities, and implementing a well-diversified approach, investors can navigate market volatility and achieve their financial goals.
Refined Thesis Statement:
In the dynamic and multifaceted world of investing, the judicious allocation of capital is crucial for achieving optimal portfolio performance. Through a comprehensive analysis of market conditions, the evaluation of potential investments, and the implementation of a prudent diversification strategy, discerning investors can navigate market uncertainties, mitigate risks, and maximize returns in the pursuit of their financial....
1. An analysis of Nestle's diversification strategy and its impact on the company's growth and profitability.
2. Exploring the role of acquisitions and mergers in Nestle's corporate strategy and its effect on competition in the market.
3. Investigating Nestle's focus on sustainability and social responsibility in its corporate strategy and the benefits it brings to the company.
4. Evaluating Nestle's international expansion strategy and its success in entering new markets and adapting to local cultures.
5. Analyzing Nestle's product portfolio management strategy and its impact on maintaining a competitive edge in the industry.
6. Examining Nestle's pricing and branding strategies and how they contribute to....
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