Exploring risk culture controls: to what extent can the development of organizational risk culture be controlled and how?

Purpose This study aims to explore the controllability of risk culture, identify and categorize risk culture controls used in firms and explore how industry and ownership structure affect the use of different risk culture controls. Design/methodology/approach This explorative study is based on 32 semi-structured interviews with 37 participants who are heads of risk management or top managers in German firms from different industries with different ownership structures. Findings Interviewees perceive risk culture to be largely controllable. The authors identify a wide spectrum of risk culture controls, ranging from leadership and motivational controls to risk competence controls; in each category, the authors find value-, symbol- and clan-based controls. Leadership controls were most extensively discussed by the interviewees. The use of risk culture controls varied based on industry and ownership structure. Research limitations/implications Due to the explorative character of the approach, the authors cannot claim representativeness for the results. The study is limited to one point in time and to a German sample. The findings imply that companies should select risk culture controls according to their own context and that implementation requires support by the top and middle management. Originality/value The authors respond to the call for more organizational studies on risk management that consider cultural paradigms (Arena et al., 2010; Mikes, 2011; Power, 2009). The study systematically identifies risk culture controls used in corporate practice and categorizes them. It provides tentative evidence of the relevance of context-specific factors for the use of risk culture controls.

Earthquake risk over time windows: Do people bias risk to the end of an interval?

<p>Located on the edge of two tectonic plates, New Zealand has numerous fault lines and seismic risk across the whole country. The way this risk is communicated affects whether people prepare effectively or at all. Research has shown that perceptions of risk are affected by slight changes in wording, and that probabilities commonly reported by experts and media are often interpreted subjectively based on context. In the context of volcanoes, research has found that given a certain probability of a volcano in a specific time window, people perceive risk as higher in later time intervals within that window. The present study examines this pattern with regard to earthquakes and aftershocks in the New Zealand context. Participants in both Wellington (N = 102) and Christchurch (N = 98) were presented an expert statement of earthquake risk within a given time window in Wellington and aftershock risk in Christchurch, and asked to rate their perception of risk in specific intervals across the time window. For a Wellington earthquake, participants perceived risk as incrementally higher toward the end of the 50 year time window whereas for a Christchurch aftershock, risk perception increased slightly for the first three intervals of the 12 month time window. Likelihood of preparing was constant over the time windows, with Wellington citizens rating themselves more likely than Christchurch citizens to prepare for either an earthquake or aftershock, irrespective of current level of preparedness. These findings suggest that people view earthquakes as more likely later toward the end of a given time window and that they view aftershocks very differently to scientific predictions.</p>

Earthquake risk over time windows: Do people bias risk to the end of an interval?

<p>Located on the edge of two tectonic plates, New Zealand has numerous fault lines and seismic risk across the whole country. The way this risk is communicated affects whether people prepare effectively or at all. Research has shown that perceptions of risk are affected by slight changes in wording, and that probabilities commonly reported by experts and media are often interpreted subjectively based on context. In the context of volcanoes, research has found that given a certain probability of a volcano in a specific time window, people perceive risk as higher in later time intervals within that window. The present study examines this pattern with regard to earthquakes and aftershocks in the New Zealand context. Participants in both Wellington (N = 102) and Christchurch (N = 98) were presented an expert statement of earthquake risk within a given time window in Wellington and aftershock risk in Christchurch, and asked to rate their perception of risk in specific intervals across the time window. For a Wellington earthquake, participants perceived risk as incrementally higher toward the end of the 50 year time window whereas for a Christchurch aftershock, risk perception increased slightly for the first three intervals of the 12 month time window. Likelihood of preparing was constant over the time windows, with Wellington citizens rating themselves more likely than Christchurch citizens to prepare for either an earthquake or aftershock, irrespective of current level of preparedness. These findings suggest that people view earthquakes as more likely later toward the end of a given time window and that they view aftershocks very differently to scientific predictions.</p>

278 Understanding Biosecurity Perceptions in Pennsylvania Pig Producers

The group mental model of swine-related biosecurity for producers and experts was assessed and compared using network analysis. The proper implementation of biosecurity plans reduces the risk of biological hazards that could cripple the industry. Recently collected survey data show producer motivation to adopt a biosecurity protocol is not driven solely by the value of the operation (Hines and Falcone, unpublished). Other motivating factors exist for how producers perceive risk relating to biosecurity management. To identify how pig producers and experts conceptualize biosecurity, open-ended survey questions were asked. Survey responses (n = 123) were coded using a newly developed codebook. Intercoder reliability was established using Krippendorff’s a. Code co-occurrence was used to build a network diagram showing producer and expert mental models, or depiction of the interdependent relationships among values, beliefs, behavior, and cognitive processes of decision making. Analyses of code co-occurrence revealed differences between producers and experts. The results suggest PA-based producers think of biosecurity relating to the protection of their property (ie. inward protection) which was closely associated with limiting access of “outsiders.” Also, the mental model diagram suggests producers think about biosecurity more broadly due to less clustering of ideas. Whereas experts think about biosecurity more specifically relating to two to three themes. Specifically, the expert biosecurity diagram revealed record keeping as an important component of biosecurity, which was strongly related to how experts think about cleanliness and limiting outsider access. Regarding strategies to address biohazard risks, both producers and experts recognize several options. However, experts proved to have stronger connections between concepts. Specifically, the diagrams revealed experts see all strategies as connected. From an expert perspective, strategies to address biohazard risks should be implemented simultaneously. These findings are the first step to designing communication to bridge the gaps between expert and producer understanding of biosecurity.

Racial/Ethnic Disparities in Maternal Vaccine Knowledge, Attitudes, and Intentions

Objectives Although disparities in maternal vaccine acceptance among racial/ethnic groups are well documented, the reasons for these disparities are unclear. The objective of this study was to describe differences in pregnant women’s knowledge, attitudes, beliefs, intentions, and trust regarding maternal and infant vaccines by race/ethnicity. Methods We collected survey data from 1862 pregnant women from diverse prenatal care practices in Georgia and Colorado from June 2017 through July 2018. We performed multiple logistic regressions to determine differences in intentions, knowledge, attitudes, beliefs, and trust by race/ethnicity and calculated odds ratios (ORs) and 95% CIs. Results Compared with White women, Black and Hispanic women were less confident in vaccine safety and efficacy and less likely to perceive risk of acquiring vaccine-preventable diseases, report provaccine social norms, indicate having enough vaccine knowledge, and trust vaccine information from health care providers and public health authorities. Black women were the least confident in the safety of the maternal influenza vaccine (OR = 0.37; 95% CI, 0.27-0.49); maternal tetanus, diphtheria, and acellular pertussis vaccine (OR = 0.37; 95% CI, 0.27-0.52); and infant vaccines overall (OR = 0.40; 95% CI, 0.28-0.58), and were least likely to intend to receive both maternal vaccines (OR = 0.35; 95% CI, 0.27-0.47) or all infant vaccines on time (OR = 0.45; 95% CI, 0.34-0.61) as compared with White women. Conclusions Understanding differences in behavioral constructs integral to vaccine decision making among women of different races/ethnicities can lead to tailored interventions to improve vaccine acceptance.

Fine-Tuning Climate Resilience in Marine Socio-Ecological Systems: The Need for Accurate Space-Time Representativeness to Identify Relevant Consequences and Responses

Climate change triggers a wide mosaic of regional and local responses, often different to the large-scale variability in magnitude and direction. Because of the psychological connections (cognitive and emotional) with the frequency, intensity and age of a climatic event, people may have the capacity to recognize key variations at lower scales, especially those from which they perceive risk. Yet, the anticipatory actions and social engagement to respond or adapt to climate change are difficult to achieve, mostly when there exists a long psychological distance to climatic phenomena. Research about climate change communication provides clues about the relevance of place-based discussion to gauge risk perception and improve response protocols, their design and prioritization. It argues that strategies and actions required to face climate risks may widely differ depending on the scale and accuracy of the local representations displayed during discussions of climate impacts. This work examines how local attributes (from climate to social) operate and control place-specific risks and priorities, by comparing coastal communities in two locations, Cabo Pulmo, Mexico and Zanzibar, Tanzania, which are subject to different climate dynamics. This paper discusses the need to identify relevant climate risks/responses at the local level and how psycho-social factors (e.g., psychological distance, collective memory, and social engagement) may operate positively for building climate resilience. We also illustrate a workflow to increase and enhance collaboration between researchers and local people by promoting dialogue, participation and narratives that rigorously consider the local knowledge.

Risk and uncertainty can be analyzed in cyberspace

Perceptions of risk and uncertainty are pervasive in all international interactions. How states perceive risk and uncertainty and how they respond to these conditions impacts their policies and diplomatic behaviors. Despite a robust literature encompassing of risk and uncertainty within conventional state to state interactions including conflict, state interactions in cyberspace have received less attention. How states perceive and interpret risk and uncertainty in cyberspace varies widely by state. Very often, these perceptions are mutually incompatible and lead to a sub-optimal status quo that fosters increased risk and uncertainty. While the prospects of uncontrolled escalation or worries about a “Cyber Pearl Harbor” might be hyperbole, the reality remains that for decision-makers within states assessing the conditions of and the actions undertaken in cyberspace at present foster instability and encourages risk-seeking behaviors. This work analyzes the formulation of state perceptions of risk and uncertainty and seeks to establish a heuristic within which risk and uncertainty can be analyzed.

AUDIT OF MARKETING RISKS BY MEANS OF INFORMATION TECHNOLOGIES

The article is devoted to the issues of audit of marketing risks by means of information technologies. It is noted that current trends in economic development have led to more frequent vulnerability of enterprises to risks. Therefore, it becomes relevant to study its marketing environment and identify and predict marketing risks. The completeness, accuracy and timelines of such an analysis plays a decisive role in management decisions. It is shown that at the present stage the role of marketing audit in anticipating, assessing and preventing marketing risks is increasing. It is emphasized that the company should perceive risk as a strategic factor in the effectiveness of management, which requires a comprehensive approach to the most objective forecasting of future risks, rather than responding to them in fact. It is indicated that the main marketing risks are unclaimed products, the risk of inefficiency of the pricing policy of the enterprise, the risk of non-compliance of product quality with consumer requirements, the risk of inefficiency of the sales system at the enterprise. Emphasis is placed on risk factors that need to be analyzed in the audit of marketing risks. The criteria of marketing risk audit are considered. The process of audit management of marketing risks of the enterprise is investigated and the stages of it’s carrying out are substantiated.It is emphasized that an important means of conducting an audit of marketing risks is information technology, the integration of which into marketing research helps to optimize management processes and increase marketing opportunities. It is substantiated that with the help of information technology the access of audit specialists to the data and knowledge bases necessary for the analysis, as well as for the implementation of economic and mathematical models, without which it is impossible to imagine a modern marketing audit. It is stated that information technologies have also become a key means of communication, information transfer, holding operational business meetings and conferences.

Perceived Stress Due COVID-19 Pandemic Among Employed Professional Teachers

The unexpected occurrence of the COVID-19 outbreak has undeniably disrupted the normalcy of life. Stress has become an important concern in education since the COVID-19 outbreak. This descriptive-correlational online survey administered in August 2020 utilized the COVID-19 Perceived Stress Scale (COVID-19 PSS-10) to assess the COVID-19 perceived stress among employed Filipino teachers. Whitney U and Kruskal–Wallis tested for differences while Spearman’s rho was used to analyze correlation between variables. Results demonstrated that more than half of teachers experienced moderate COVID-19 stress. Females experienced significantly higher COVID-19 stress compared to males. A negative correlation was noted between self-rated health and COVID-19 stress while a positive correlation was found between perceive risk of getting COVID-19 infection and COVID-19 stress. This study highlights that steps must be undertaken to help teachers deal with the stress of the COVID-19 crisis as well as they must be provided or taught with stress management interventions during this pandemic. This study could be used as a baseline for future research to assess the impact of COVID-19 stress among professional teachers.