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Category archives for: Enterprise Risk Management

Managing commercial risk: a Chinese case study

Managing commercial risk: a Chinese case study

Engaging in international trade is hazardous in comparison to domestic trade. However, as the globalization of American industry continues, an increasing number of firms will undertake international trade, and consequently become subject to all of the risks that lie therein. One of the major risks of engaging in international trade is commercial risk.
One particularly noteworthy [...]

From Burden to Benefit: Making the Most of Regulatory Risk Management

From Burden to Benefit: Making the Most of Regulatory Risk Management

The paradoxical view that regulation is both a blessing and a curse continues to be widely held among senior executives. While they recognize the need for protection in key areas, they are often frustrated by what they see as overly complex, unnecessary bureaucracy to achieve this goal. Find out how your company can meet increasingly [...]

Five Critical Skills That Entrepreneurs Need: What Jerry Kaplan thinks!!

Five Critical Skills That Entrepreneurs Need: What Jerry Kaplan thinks!!

Kaplan talks about the five critical skills that entrepreneurs need:
1) Leadership: ability to build consensus in the face of uncertainty
2) Communication: ability to keep a clear and consistent message
3) Decision-making: knowing when to make a decision
4) Being a good team player: knowing when to trust and when to delegate
5) Ability to telescope: to focus in [...]

Emerging Markets : a Case Study on Foreign Market Entry in Laos; MBA-thesis in marketing

Emerging Markets : a Case Study on Foreign Market Entry in Laos; MBA-thesis in marketing

This thesis is conducted for Husqvarna AB with the aim to map the Laotian market for them in terms of market potential for forestry power equipment. In order to provide decision material for further action I was asked to give a description of the Laotian forestry sector; research potential harvesting volumes; analyze the competitive situation; [...]

Don’t Hit the Panic Button When a Client is Unhappy

Don’t Hit the Panic Button When a Client is Unhappy

When we feel attacked, we get defensive — that’s human nature. But if you want to be successful and happy as an entrepreneur, you need to start thinking about situations like this in a non-toxic way. Here are some alternative ways of thinking and dealing with Yipes-The-Customer-Might-Fire-Me issues. How can you do it?
Register to mark [...]

WorldCom: from Benchmark to Bankruptcy

WorldCom: from Benchmark to Bankruptcy

[youtube]www.youtube.com/watch?v=7g_d-phoUrU[/youtube]Verizon Communications acquired MCI/WorldCom and SBC Communications acquired AT&T Corporation, which had been in business since the 19th Century. The acquisition of MCI/WorldCom was the direct result of the behavior of WorldCom’s senior managers as documented above. While it can be argued that the demise of AT&T Corp. was not wholly attributable to WorldCom’s behavior, [...]

Famous failures of complex engineering systems

Famous failures of complex engineering systems

There were a lot of famous failures of engineering systems: Titanic, Tacoma narrows bridge collapse, Subsynchronous resonance in power systems, Telephone and power system outages, Estonia Ferry sinking, Denver airport baggage handling system, and Ariane 5.
Each of these failures were due partly or primarily to factors beyond engineering or technical considerations.
This [...]