Information Management as Risk Management

1997 ◽  
pp. 109-115
Author(s):  
Beverly Woodward
Keyword(s):  
Risk Management ◽  
Information Management

The Research on Production Operation Risk Management of the Power Supply Enterprises

2014 ◽  
Vol 1008-1009 ◽  
pp. 809-814
Author(s):  
Bo Cheng ◽  
Zheng Wang ◽  
Xing Zhang ◽  
Xing Xiong ◽  
Song Jian Chai
Keyword(s):  
Risk Management ◽  
Information Management ◽  
Power Supply ◽  
Production Operation ◽  
Functional Design ◽  
Safety Risk ◽  
Corporate Managers ◽  
Grid Operation ◽  
Operation Risk ◽  
And Control

With the construction of power grid, operation safety risk in the power supply enterprises is to increase ceaselessly. Corporate managers need to solve the problem how to carry out the operations safety risk management. This paper analyses production operation risk management status of power supply enterprises, describes the content and process of production operation risk management, and then expounds how to achieve information management of production operation risk by establishing production operation risk management and control system of information management. Finally, construction ideas of the system is proposed in the terms of design principles, deployment way and functional design.

scholarly journals ANALYSIS AND PRIORITIZING RISK MINIMIZING TECHNIQUES OF IT PROJECTS

2021 ◽  
pp. 6-12
Author(s):  
Jalal Elbaruni ◽  
Olena Bielova ◽  
Viktor Melenchuk
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Information Management ◽  
Management System ◽  
Information Management System ◽  
Matrix Analysis ◽  
Project Implementation ◽  
It Projects ◽  
Risk Management System ◽  
Dynamic Growth

This article is devoted to the risk analysis of IT projects. The article defines the risks of IT projects, classifies the key risks of IT projects and identifies the main sources of risks of IT projects. The analysis of risks of IT projects at introduction of information management system in realization of projects of the company is also presented. The possibility of risks of IT projects during the implementation of the management information system in the implementation of the company's projects is analyzed. And also the ways of minimization of occurrence of risks of IT projects at introduction of information management system in realization of projects of the company are offered. Under ideal circumstances, in modern organizations, project implementation reduces risks to zero. At the same time, in modern realities, it remains necessary to take into account risks and manage them as part of the organization when implementing projects. Nevertheless, risk minimization is effective for the dynamic growth of an organization or institution when implementing projects. The current trends in information projects in today's competitive world are fundamental and necessary for any project-oriented organization to manage risks in information outsourcing projects in an ideally complex task. Thus, this article examines the main factors that lead to the emergence of risks, based on modern scientific sources from leading researchers in the field of project management, taking into account the peculiarities of developing an optimal risk management system in an organization when implementing projects, as well as the implementation of such a system under various scenarios of projects’ implementation in organizations. A structure aimed at improving the risk management system in organizations during project implementation is also proposed. The study found that prioritization in the consideration of project risks, as well as risk factors, helps to correlate the risk of the project and the risk of the company itself. Prioritizing the response to risk factors and their strength of influence, considering the time, volume and quality of risks are of paramount importance for the dynamic growth of the organization and allow to conduct a matrix analysis of risks, and then propose ways to minimize risk.

scholarly journals Investigating the significance of disaster information management

2013 ◽  
Vol 5 (2) ◽  
Author(s):  
Mukundi Mutasa
Keyword(s):  
Risk Management ◽  
Information Management ◽  
Disaster Risk ◽  
Mitigation Strategies ◽  
Disaster Risk Management ◽  
Disaster Mitigation ◽  
Recovery Processes ◽  
Management Interventions ◽  
Disaster Information ◽  
Management Curriculum

Disaster information informs disaster risk management interventions. However, it is the systematic management of this key resource that has not yet been fully embraced. In some cases, information is still haphazardly collected, analysed, managed and disseminated. This paper, utilising mainly secondary literature sources, explores the importance of disaster information and its systematic management in disaster risk management programming. It presents challenges associated with information management in disaster situations and critiques the trend whereby the collection, management and dissemination of information are usually limited to disaster situations. This only serves to further marginalise post-disaster recovery processes, which are integral with regard to generating knowledge essential for the formulation of future disaster mitigation strategies. The paper concludes by arguing for the integration of disaster information management into current disaster risk management curriculum.

Risk Management as a Strategic Driver for a Large Archive

Collections ◽  
2009 ◽  
Vol 5 (1) ◽  
pp. 61-71 ◽  
Author(s):  
Anna E. Bülow
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Strategic Planning ◽  
Information Management ◽  
Digital Technology ◽  
Environmental Problems ◽  
Main Site ◽  
Storage And Retrieval ◽  
National Archives ◽  
The World

Archives are faced with fast-paced changes in the world in which they operate. In particular, innovation in digital technology have transformed the way people access and retrieve information. In view of this, The National Archives, UK has formulated a vision which aims to lead information management within government, and find new ways of preserving and making information accessible. In this climate, a preservation risk assessment was carried out in order to inform strategic planning as well as guarantee the survival of records. Results have highlighted the degree of environmental problems within the main site. In addition, it illustrated the amount of damage resulting from current policies and practices associated with storage, retrieval, and substitution copying; it also proved policies already in place to be highly effective. The results of the assessment have led to a number of improvements to the repository environment as well as policies on storage and retrieval.

scholarly journals From Business Modelling to the Leadership and Innovation in Business: Bibliometric Analysis (Banking as a Case)

2020 ◽  
Vol 4 (1) ◽  
pp. 113-125
Author(s):  
Tetiana Goncharenko
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Strategic Management ◽  
Information Management ◽  
Bibliometric Analysis ◽  
Business Model ◽  
Business Models ◽  
Business Modelling ◽  
Banking Business ◽  
Management Issues

The analysis of approaches to defining the banking business model showed that digital financial technologies, e-commerce, information management are important factors that form the model of leadership and innovation in business. The development of risk management, risk assessment, profitability-risk-stability triangle balancing, which create relevant trends in the formation of business leadership models, has increasing importance for managers, clients and shareholders. The article identifies the dominant tendencies in the development of scientific thought (based on 6377 articles from 1991-2019 in journals indexed by Scopus and Web of Science) regarding the transformation of business models in banks and the future research directions with the help of bibliometric analysis (VOSviewer). The conducted analysis showed that in 2012-2017 the number of scientific articles about the transformation of banks’ business models began to increase. It proves the relevance of business modelling for leadership and innovation in business. At the same time, the focus of research has shifted from general strategic management issues to risk management issues. In 2017, the number of articles studying the banking business model increased by 148% compared to 2012. Therefore, these articles in the subject area observe such areas as business, management, economics, econometrics, finance, social and computer sciences. Among the scientists who studied the banks’ business models, most are scientists from the US, UK and India. In 2018, there was a significant increase in the number of articles on banking strategic management published in high impact journals, such as the Journal of Banking and Finance, the International Journal of Bank Marketing and Economic Modeling. The use of the VOSviewer has identified 8 research clusters exploring the issue from different perspectives. The first (largest) cluster consists of studies that examine banks’ business models through decision-making and information management technologies, risk assessment and minimization mechanisms, the relationship between banking sales dynamics and the information databases etc. The second-largest cluster brought together researchers examining banks’ business models in terms of the financial crisis effects, regulatory changes, business efficiency and stability (z-score), etc. The third-largest cluster is the study of business models through the dynamics of transformations in the financial market, in lending behaviour and business cycles. These three largest clusters confirm that the key to leadership and innovation in banking is the balance between the profitability-risk-stability triangle and information technology. Keywords: Bank, Banking, Business Model, Leadership and Innovations in Business.

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