The First Modern Risk

The First Modern Risk
Author: Julia Moses
Publisher:
Total Pages: 337
Release: 2018-06-21
Genre: History
ISBN: 1108426506

Examines Europe's first significant national policies on social welfare in the late nineteenth century, which had major implications for state-society relations.

Risk Analysis and Reduction in the Chemical Process Industry

Risk Analysis and Reduction in the Chemical Process Industry
Author: J.M. Santamaría Ramiro
Publisher: Springer Science & Business Media
Total Pages: 382
Release: 2012-12-06
Genre: Science
ISBN: 9401149364

Concern for the environment has become one of the big issues in modern society, and one of the chief concerns is the environmental impact of modern industrial production. A particularly sensitive issue is the possibility of accidents in industries where there may be severe consequences for people, property and the environment. At one time the nuclear industry was seen as the most likely to be the cause of significant environmental damage, but after the occurrence of several major accidents such as Seveso, Flixborough and Bhopal, that concern extends to much of the chemicals industry. Pressure from society, reflected by strong legislation, coupled with a greater understanding of the impact that chemical processing operations can have, has led to the adoption of higher profile safety and environmental management programs within the chemical industry. Under these programmes existing and new processes are rigorously examined to determine the possible causes and consequences of failure, and the results used to improve the process to make failure less likely. Any process audit, aimed at improving safety or lessening the environmental impact, cannot be carried out using intuition or experience alone, so the discipline of risk analysis has grown as a collection of tools and methods which can be utilized to give a quantitative assessment of the risks involved in operating any given process. In this new book the authors present risk analysis and reduction in a clear and unified way, emphasizing the various different methods which can be used together in a global approach to risk analysis in the chemical process industries. Originally conceived as a text book for graduate level courses in chemical engineering, the clear presentation and thorough coverage will ensure that anyone involved in risk assessment, environmental impact assessment or safety planning will find this book an invaluable source of reference.

Modern Industrial Statistics

Modern Industrial Statistics
Author: Ron S. Kenett
Publisher: John Wiley & Sons
Total Pages: 884
Release: 2021-05-18
Genre: Mathematics
ISBN: 1119714966

Modern Industrial Statistics The new edition of the prime reference on the tools of statistics used in industry and services, integrating theoretical, practical, and computer-based approaches Modern Industrial Statistics is a leading reference and guide to the statistics tools widely used in industry and services. Designed to help professionals and students easily access relevant theoretical and practical information in a single volume, this standard resource employs a computer-intensive approach to industrial statistics and provides numerous examples and procedures in the popular R language and for MINITAB and JMP statistical analysis software. Divided into two parts, the text covers the principles of statistical thinking and analysis, bootstrapping, predictive analytics, Bayesian inference, time series analysis, acceptance sampling, statistical process control, design and analysis of experiments, simulation and computer experiments, and reliability and survival analysis. Part A, on computer age statistical analysis, can be used in general courses on analytics and statistics. Part B is focused on industrial statistics applications. The fully revised third edition covers the latest techniques in R, MINITAB and JMP, and features brand-new coverage of time series analysis, predictive analytics and Bayesian inference. New and expanded simulation activities, examples, and case studies—drawn from the electronics, metal work, pharmaceutical, and financial industries—are complemented by additional computer and modeling methods. Helping readers develop skills for modeling data and designing experiments, this comprehensive volume: Explains the use of computer-based methods such as bootstrapping and data visualization Covers nonstandard techniques and applications of industrial statistical process control (SPC) charts Contains numerous problems, exercises, and data sets representing real-life case studies of statistical work in various business and industry settings Includes access to a companion website that contains an introduction to R, sample R code, csv files of all data sets, JMP add-ins, and downloadable appendices Provides an author-created R package, mistat, that includes all data sets and statistical analysis applications used in the book Part of the acclaimed Statistics in Practice series, Modern Industrial Statistics with Applications in R, MINITAB, and JMP, Third Edition, is the perfect textbook for advanced undergraduate and postgraduate courses in the areas of industrial statistics, quality and reliability engineering, and an important reference for industrial statisticians, researchers, and practitioners in related fields. The mistat R-package is available from the R CRAN repository.

Operational Risk Management

Operational Risk Management
Author: Ariane Chapelle
Publisher: John Wiley & Sons
Total Pages: 272
Release: 2019-02-04
Genre: Business & Economics
ISBN: 1119549043

OpRisk Awards 2020 Book of the Year Winner! The Authoritative Guide to the Best Practices in Operational Risk Management Operational Risk Management offers a comprehensive guide that contains a review of the most up-to-date and effective operational risk management practices in the financial services industry. The book provides an essential overview of the current methods and best practices applied in financial companies and also contains advanced tools and techniques developed by the most mature firms in the field. The author explores the range of operational risks such as information security, fraud or reputation damage and details how to put in place an effective program based on the four main risk management activities: risk identification, risk assessment, risk mitigation and risk monitoring. The book also examines some specific types of operational risks that rank high on many firms' risk registers. Drawing on the author's extensive experience working with and advising financial companies, Operational Risk Management is written both for those new to the discipline and for experienced operational risk managers who want to strengthen and consolidate their knowledge.

Complex System Governance

Complex System Governance
Author: Charles B. Keating
Publisher: Springer Nature
Total Pages: 592
Release: 2022-04-18
Genre: Science
ISBN: 3030938522

This book explores Complex System Governance (CSG)—an emerging field concerned with the design, execution, and evolution of essential functions necessary to ensure continued viability of a system. The book focuses on three primary development areas to better understand and utilize current developments CSG. First, the conceptual foundations for CSG are developed, from systems theory, management cybernetics, and governance. Second, a set of critical CSG topics are examined from conceptual as well as practice perspectives. Third, several development and application issues are discussed. Ultimately, CSG is positioned as an emerging field with strong theoretical grounding and significant implications for improving practices and performance to better address complex systems and their problems.

Development and Modern Industrial Policy in Practice

Development and Modern Industrial Policy in Practice
Author: Jesus Felipe
Publisher: Edward Elgar Publishing
Total Pages: 425
Release: 2015-04-24
Genre: Business & Economics
ISBN: 1784715549

Development and Modern Industrial Policy in Practice provides an up-to-date analysis of industrial policy. Modern industrial policy refers to the set of actions and strategies used to favor the more dynamic sectors of the economy. A key aspect of moder

Risk Strategies

Risk Strategies
Author: Les Coleman
Publisher: CRC Press
Total Pages: 263
Release: 2016-04-15
Genre: Business & Economics
ISBN: 1317062744

At a time when unacceptable risk taking is rightly condemned, how can organizations still benefit from the upside of risk? Can risk still be good? Written by an author who has managed risk, teaches about risk, but most importantly of all has researched the theory of risk, this book will help senior executives dial up the right level of risk within their organizations in order to enhance performance. There are many risk management techniques that are known to work and risk management has logged many successes, but that doesn't mean managers understand why they work, how and why risks arise, and how organizations can be shaped strategically to optimize the benefits of well-judged business risks. Dr Les Coleman argues that finance and management risk has been a theory-free zone, similar to medicine in the Middle Ages, when physicians were aware of surgical techniques and medicines that worked, but did not know why and were impotent in the face of systemic illness. Today risk managers face much the same situation: They know of techniques that work such as audits, controls and procedure guides. Nevertheless, they rarely anticipate, much less prevent, serious failures. They have no comprehensive knowledge framework for targeting optimum risk levels. This timely book fills some of that gap with an outline of the nature and sources of risk in firms. It sets out a body of risk knowledge to support its management, particularly at the corporate level, in much the same way that our understanding of human physiology and the physical sciences support modern medical and engineering techniques. The reader will learn, for example, how risk attitudes and outcomes flow through an organization and about creative techniques such as asset-liability management. In this area of corporate finance so critical for executives and directors, Risk Strategies will help responsible CFOs and other senior managers, together with teachers and students of management, extend their knowledge and risk management skills.

Ecological, Societal, and Technological Risks and the Financial Sector

Ecological, Societal, and Technological Risks and the Financial Sector
Author: Thomas Walker
Publisher: Springer Nature
Total Pages: 453
Release: 2020-06-10
Genre: Business & Economics
ISBN: 3030388581

Today’s financial sector faces multiple challenges stemming from ecological, societal, and technological risks such as climate change, political extremism, and cyber-attacks. However, these non-traditional risks are yet to be fully identified and measured, in order to ensure their successful management. This edited collection sheds light on the topic by examining the unique measurement and modelling challenges associated with each of these risks, and their interaction with finance. Offering a comprehensive analysis of non-traditional finance risks, the authors provide the basis for developing appropriate risk management techniques. With new approaches to protect against emerging threats to the financial sector, this edited collection will appeal to academics researching sustainability, development finance, and risk management, as well as policy-makers and practitioners within the banking sector.