scholarly journals Risk Management of Training Services in PT MMK

2021 ◽  
Vol 12 (3) ◽  
pp. 211-223
Author(s):  
Bovi Mutiara Sofi ◽  
Heti Mulyati ◽  
Deni Achmad Soeboer
Keyword(s):  
Risk Management ◽  
Health And Safety ◽  
Secondary Data ◽  
Risk Map ◽  
Business Training ◽  
Potential Risks ◽  
High Level ◽  
Training Services ◽  
Training Service ◽  
Previous Training

One of the business training services that is rapidly grown is at the Occupational Health and Safety (Keselamatan dan Kesehatan Kerja (K3)) training services. PT MMK is a K3 training service company that has been developed since 2016. However, PT MMK faces some risks in its business activities. There are various problems and potential risks faced by PT MMK, so it needs a business risk management observation. The research aimed to identify and analyze the level of risk faced by PT MMK by applying a quantitative method. The primary and secondary data were used. Sampling was carried out by using non-probability techniques with purposive sampling through the expert judgment approach. There were eight respondents in the research. Meanwhile, the applied analytical methods were Cochran analysis and Godfrey risk map. The result shows that based on four divisions, PT MMK has 30 internal risks and 8 external risks. There are 4 low-level risks, 14 moderate-level risks, 19 high-level risks, and 1 extreme-level risk. Based on the highest risks, PT MMK should do detailed budgeting, so there is no over cost based on the previous training budget. Moreover, the company can also expand its market share to the other companies by offering its training.

scholarly journals Occupational Health and Safety in Biotechnological Processes: A Review and Future Directions

2021 ◽  
Vol 4 (1) ◽  
pp. 43-48
Author(s):  
Luma Mirely de Souza Brandão ◽  
Milson dos Santos Barbosa ◽  
Isabela Nascimento Souza ◽  
Lays Carvalho de Almeida ◽  
Danyelle Andrade Mota ◽  
...  
Keyword(s):  
Risk Management ◽  
Occupational Safety ◽  
Health And Safety ◽  
Control Measures ◽  
Chemical Methods ◽  
Future Directions ◽  
Safe Work ◽  
Potential Risks ◽  
Biotechnological Processes ◽  
And Control

An option to change partially or completely conventional chemical methods is a biotechnological process. It enables the development of environmentally friendly and innovative means. The safety of this process has not been fully examined, thus, the lack of awareness about risk management is a great concern. This work aims to elucidate the importance of recognizing, assessing, and controlling potential risks, and developing appropriate risk management to develop bioprocesses safely. For this purpose, qualitative research was carried out through scientific studies and current legislation. Safe development of biotechnological procedures allows for occupational safety throughout the processes. It was observed that control measures should be adopted to obtain a safe work environment for everyone. These measures can be carried out through anticipation, recognition, assessment, and control of existing risks or that may exist in the process. Also, it was found that the involvement of all adequate risk management is fundamental. Therefore, biotechnological processes must be developed safely for workers, the environment, and society.  

MENGELOLA RESIKO DENGAN PRODUK DERIVATIF

2008 ◽  
Author(s):  
Dandes Rifa
Keyword(s):  
Risk Management ◽  
Value At Risk ◽  
Foreign Currency ◽  
Balance Sheet ◽  
Cash Flows ◽  
Market Risks ◽  
Hedging Strategies ◽  
Operational Hedging ◽  
Potential Risks ◽  
Derivative Products

The main objective of risk management is to minimize the potential for losses (risk) arising from unexpected changes in currency rates, credit, commodities and equities. One of the risks faced by companies is market risk (value at risk). This article aims to explain that risk management can be one of them by using derivative products. Derivative transactions is very useful for business people who want to hedge (hedging) against a commodity, which always experience price changes from time to time. There are three strategies that can be used to hedge the balance sheet hedging strategy, operational hedging strategies and contractual hedging strategies. Staregi contractual hedging is a form of protection that is done by forming a contractual hedging instruments in order to provide greater flexibility to managers in managing the potential risks faced by foreign currency. Most of these contractual hedging instrument in the form of derivative products. The management can enhance shareholder value by controlling risk. -Party investors and other interested parties hope that the financial manager is able to identify and manage market risks to be faced. If the value of the firm equals the present value of future cash flows, then risk management can be justified. 

scholarly journals Secondary Data Usage in Direct-to-Consumer Genetic Testing: To What Extent Are Customers Aware and Concerned?

2021 ◽  
pp. 1-8
Author(s):  
Janessa Mladucky ◽  
Bonnie Baty ◽  
Jeffrey Botkin ◽  
Rebecca Anderson
Keyword(s):  
Genetic Testing ◽  
Secondary Data ◽  
Structured Interviews ◽  
Customer Data ◽  
Secondary Use ◽  
Data Usage ◽  
Direct To Consumer ◽  
New Information ◽  
Opt Out ◽  
Potential Risks

Introduction: Customer data from direct-to-consumer genetic testing (DTC GT) are often used for secondary purposes beyond providing the customer with test results. Objective: The goals of this study were to determine customer knowledge of secondary uses of data, to understand their perception of risks associated with these uses, and to determine the extent of customer concerns about privacy. Methods: Twenty DTC GT customers were interviewed about their experiences. The semi-structured interviews were transcribed, coded, and analyzed for common themes. Results: Most participants were aware of some secondary uses of data. All participants felt that data usage for research was acceptable, but acceptability for non-research purposes varied across participants. The majority of participants were aware of the existence of a privacy policy, but few read the majority of the privacy statement. When previously unconsidered uses of data were discussed, some participants expressed concern over privacy protections for their data. Conclusion: When exposed to new information on secondary uses of data, customers express concerns and a desire to improve consent with transparency, more opt-out options, improved readability, and more information on future uses and potential risks from direct-to-consumer companies. Effective ways to improve readership about the secondary use, risk of use, and protection of customer data should be investigated and the findings implemented by DTC companies to protect public trust in these practices.

scholarly journals Risk Management in Seaports: A Community Analysis at the Port of Hamburg

2021 ◽  
Vol 13 (14) ◽  
pp. 8035
Author(s):  
Ayman Nagi ◽  
Meike Schroeder ◽  
Wolfgang Kersten
Keyword(s):  
Risk Management ◽  
Natural Disasters ◽  
Secondary Data ◽  
Community Analysis ◽  
Detection Algorithm ◽  
Structured Interviews ◽  
Emergency Plans ◽  
Plausibility Check ◽  
Safety Risks ◽  
Community Detection Algorithm

The aim of this work is to detect communities of stakeholders at the port of Hamburg regarding their communication intensity in activities related to risk management. An exploratory mixed-method design is chosen as a methodology based on a compact survey and semi-structured interviews, as well as secondary data. A compact survey at the port of Hamburg is utilized to address the communication intensity values among stakeholders. Based on 28 full responses, the data is extracted, cleansed, and prepared for the network analysis using the software “Gephi”. Thereafter, the Louvain community detection algorithm is used to extract the communities from the network. A plausibility check is carried out using 15 semi-structured interviews and secondary data to verify and refine the results of the community analysis. The results have revealed different communities for the following risk categories: (a) natural disasters and (b) operational and safety risks. The focus of cooperation is on the reactive process and emergency plans. For instance, emergency plans play an important role in the handling of natural disasters such as floods or extreme winds.

scholarly journals Analysis of Bio-Risk Management System Implementation in Indonesian Higher Education Laboratory

2021 ◽  
Vol 18 (10) ◽  
pp. 5076
Author(s):  
Anom Bowolaksono ◽  
Fatma Lestari ◽  
Saraswati Andani Satyawardhani ◽  
Abdul Kadir ◽  
Cynthia Febrina Maharani ◽  
...  
Keyword(s):  
Higher Education ◽  
Risk Management ◽  
Management System ◽  
Gap Analysis ◽  
Secondary Data ◽  
Education Institution ◽  
Management Systems ◽  
Primary Data ◽  
Risk Management System ◽  
The Impact

Developing countries face various challenges in implementing bio-risk management systems in the laboratory. In addition, educational settings are considered as workplaces with biohazard risks. Every activity in a laboratory facility carries many potential hazards that can impact human health and the environment and may cause laboratory incidents, including Laboratory Acquired Infections (LAIs). In an effort to minimize the impact and occurrence of these incidents, it is necessary to evaluate the implementation of a bio-risk management system in every activity that involves handling biological agents. This study was conducted in an Indonesian higher-education institution, herein coded as University Y. This is a descriptive, semi-quantitative study aimed at analysing and evaluating the implementation of the bio-risk management systems used in laboratories by analysing the achievements obtained by each laboratory. The study used primary data that were collected using a checklist which referred to ISO 35001: 2019 on Laboratory Bio-risk Management. The checklist consisted of 202 items forming seven main elements. In addition, secondary data obtained from literature and document review were also used. The results show that out of 11 laboratories examined, only 2 laboratories met 50% of the requirements, which were Laboratory A and B, achieving good performance. Regarding the clauses of standards, a gap analysis identified leadership, performance evaluation, and support as elements with the lowest achievement. Therefore, corrective action should be developed by enhancing the commitment from management as well as improving documentation, policy, education and training.

Board demographic diversity, firm performance and strategic change

2014 ◽  
Vol 37 (12) ◽  
pp. 1110-1136 ◽  
Author(s):  
Daniel Kipkirong Tarus ◽  
Federico Aime
Keyword(s):  
Firm Performance ◽  
Fixed Effects ◽  
Strategic Change ◽  
Secondary Data ◽  
Developed Countries ◽  
Outcome Variable ◽  
Demographic Diversity ◽  
Content Type ◽  
Fixed Effects Regression ◽  
High Level

Purpose – The purpose of this study is to examine the effect of boards’ demographic diversity on firms’ strategic change and the interaction effect of firm performance. Design/methodology/approach – This paper used secondary data derived from publicly listed firms in Kenya during 2002-2010 and analyzed the data using fixed effects regression model to test the effect of board demographic and strategic change, while moderated regression analysis was used to test the moderating effect of firm performance. Findings – The results partially supported board demographic diversity–strategic change hypothesis. In particular, results indicate that age diversity produces less strategic change, while functional diversity is associated with greater levels of strategic change. The moderated regression results do not support our general logic that high firm performance enhances board demographic diversity–strategic change relationship. In effect, the results reveal that at high level of firm performance, board demographic diversity produces less strategic change. Originality/value – Despite few studies that have examined board demographic diversity and firm performance, this paper introduces strategic change as an outcome variable. This paper also explores the moderating role of firm performance in board demographic diversity–strategic change relationship, and finally, the study uses Kenyan dataset which in itself is unique because most governance and strategy research uses data from developed countries.

Risk management for premises managers 1993‐94

1993 ◽  
Vol 11 (2) ◽  
pp. 129-133
Author(s):  
I. Neil
Keyword(s):  
Risk Management ◽  
Health And Safety ◽  
Construction Design

Discusses how the Construction Design and Management Regulations scheduled for 1 January 1994 will affect premises and facilities managers. Considers the responsibilities of the client, planning supervisor, principal contractor, designer and other contractors as a result of the new regulations, particularly with regard to Health and Safety at Work regulations and risk management. Summarizes new requirements as designed to ensure health and safety throughout the project.

The importance of lunar dust mitigation during future human led lunar missions

2021 ◽  
Author(s):  
Donald Hendrix
Keyword(s):  
Lunar Surface ◽  
Health And Safety ◽  
Dust Exposure ◽  
Space Suit ◽  
Lunar Dust ◽  
Silica Dust ◽  
Pass Through ◽  
High Level ◽  
Vacuum Systems ◽  
Lunar Missions

<p>With the Artemis mission set to launch in 2024, returning humans to the lunar surface for the first time in over half a century, it is imperative to ensure human health and safety on a variety of fronts. Lunar dust exposure is one of many areas of concern regarding astronaut health and safety. During the Apollo missions it was reported that lunar dust was a nuisance and induced allergic-like symptoms upon exposure. In addition, it was also reported that instruments became coated with dust that was difficult to remove, and that the dust adhered to everything and tore through space suit fabric. Numerous inhalation studies have determined that lunar dust is more toxic than analogous terrestrial materials but less so than silica dust. Apollo dust mitigation systems were successful on some missions but failed on others. As humans are to stay on the lunar surface for extended periods relative to the Apollo missions, it is vital to fabricate instruments that would address the lunar dust problem with greater reliability. There must be multiple steps to remove all lunar dust, including the ultra-fine <10 µm fraction which was the most difficult dust size to remove. There must be multiple steps regarding lunar dust removal including a chamber to remove dust and de-suit, and a vacuum with high level HEPA filtration to remove dust. The first chamber would be to filter out any dust that comes into the module from the outside. Once all the air is clear, then the next step would be to remove any remaining dust on the suits using a hand-held vacuum with a HEPA H14 filter which only allows up to a maximum 0.005% of particles 100 nm in size to pass through the filter. Then, it would be safe to de-suit. It would be wise to have a second chamber between the first chamber and the command center of the lunar module that would vacuum any remaining dust before opening to the main command chamber. Ultra-high quality HEPA filters of both the chamber and hand-held vacuum systems should be replaced frequently to maintain optimal dust mitigation. Investing time and resources into lunar dust mitigation should be a top priority for the upcoming Artemis mission to avoid the issues encountered on the Apollo missions.</p>

scholarly journals The impact of internal audit in the activation of risk management under the governance of banks

2019 ◽  
Vol 5 (4) ◽  
pp. 7
Author(s):  
Afsar Ali Alimoradi ◽  
Chya Kareem Ahmad
Keyword(s):  
Risk Management ◽  
Internal Audit ◽  
Secondary Data ◽  
Internal Auditing ◽  
Audit Risk ◽  
Internal Auditor ◽  
Risk Management Process ◽  
Statistical Program ◽  
Bank Governance ◽  
The Impact

The research aims to measure and evaluate the impact of internal audit on the efficiency of risk management under the principles of the bank governance in a sample of banks. Thus, internal audit is an important function of controlling financial and administrative performance. It has the impact of evaluating and measuring the efficiency of the use of available resources and strengthening the so-called governance as well as contributing to the assessment and management of risks, which enhances the opportunities of economic units and banks in the optimal use of resources.Internal Audit assists senior management and the board in the process of  theidentifying, assessing and responding to risks, by providing various assurance and advisory services during the implementation of the risk management process. In order to achieve the objectives of the study and test its hypotheses, the study was based on primary and secondary data and the questionnaire was designed and the researchers used the Statistical Program (SPSS) to analyze the data. It was concluded during the research that there is a clear impact of the internal audit profession on the risk management by improving its effectiveness and efficiency under the principles of bank governance shows through the internal audit has a prominent position in banks and because it is linked to the highest levels of management as an independent control and advisory tool. The researchers present a set  of recommendations, the most important of which is the need to provide adequate financial and human resources for internal auditing in banks. The study also recommended to strengthen the components of the independence of the internal auditor in order to be able to perform his duties to the fullest. Key words :  Internal Audit , Risk Management , Banking Governance, Internal Auditor.

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