CaseStudy.co.in» Enterprise Risk Management

Managing commercial risk: a Chinese case study

maddy — Thu, 11 Feb 2010 12:48:13 +0000

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 aspect of commercial risk is the risk of non-completion, a situation in which an importer is not able to pay an exporter for goods it has purchased. Examining how one company, which exports to the People’s Republic of China (PRC), manages commercial risk will yield critical information for firms considering trading with China, while providing other companies with added insight on the risks inherent in international trade. Read more…

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

aarthi — Mon, 08 Feb 2010 05:58:37 +0000

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 difficult regulatory compliance challenges as it develops integrated business networks. Read more…

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

maddy — Sun, 07 Feb 2010 02:51:49 +0000

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 on the details and then move back to the bigger picture. Watch video…

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

maddy — Sun, 27 Dec 2009 06:08:03 +0000

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; describe the general business conditions in Laos; and provide some insight as to how Husqvarna can enter the Laotian market. Read more..

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

maddy — Sun, 20 Dec 2009 06:35:29 +0000

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?

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WorldCom: from Benchmark to Bankruptcy

maddy — Thu, 03 Dec 2009 03:36:52 +0000

[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, AT&T Corp.’s decimation certainly was facilitated by the events surrounding WorldCom, since WorldCom was the benchmark long distance telephone and Internet communications service provider. Indeed, the ripple effect of WorldCom’s demise goes far beyond one company and several senior managers. It had a profound effect on an entire industry. Read more…

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Famous failures of complex engineering systems

admin — Thu, 14 May 2009 12:37:55 +0000

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 is just a brief review of those failures.

To read more … please click on this link.

Famous failures of complex engineering systems