Description

About the Book

The present edition provides novel techniques for combining qualitative and quantitative information to assess risks and design mitigation strategies. It introduces new model of operational risk management and describes how various data sources of different types, both numeric and semantic sources, can be integrated and analyzed. The edition demonstrates how operational risk management is synergetic to other risk management activities such as financial risk and safety management and how to approach it in a practical way. This edition will be useful to operational risk practitioners, risk managers in banks, hospitals and industry looking for modern approaches to risk management that combine an analysis of structured and unstructured data. It will also useful for academics interested in research, techniques developed in response to real world problems.

About the Author

F.L. Bascunan is an Associate Professor of Management in Odette School of Business, University of Windsor. Her research interests integrate marketing, strategy, organizational behaviour and entrepreneurship. Her research is an intersection of different research fields, and she strongly believes there is a need of significant contribution in a cross-boundary knowledge-building approach. For example, entrepreneurial and marketing strategy literature is dominated by organizational level theory, and can be enriched by the integration of individual and interpersonal knowledge. Furthermore, she is interested in the management problem of how individual employees influence the successful development and implementation of a strategic orientation.