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Enterprise Risk Management In The Fourth Industrial Revolution
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Book Synopsis Enterprise Risk Management in the Fourth Industrial Revolution by : Tankiso Moloi
Download or read book Enterprise Risk Management in the Fourth Industrial Revolution written by Tankiso Moloi and published by Springer Nature. This book was released on 2023-11-30 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines enterprise risk management in the fourth industrial revolution, and the technologies associated with this phenomenon. In doing so, it seeks to understand these technologies' potential capabilities, and how they could be utilised in the enterprise risk management setting. With this, the book first details the fourth industrial revolution (4IR), and discusses the concept of enterprise risk management, the stakeholders involved, the typical information stakeholders will be responsible for, and their role in integrating risk management information. The book then examines the information processing steps and the new capabilities in the enterprise risk setting necessitated by the capabilities of the 4IR technologies to harness, analyse and integrate information for decision-making and understanding internal and external contexts. In the final chapter, the book conceptualises enterprise risk management in the 4IR, and maps out potential role changes in this space.
Book Synopsis The Fourth Industrial Revolution by : Klaus Schwab
Download or read book The Fourth Industrial Revolution written by Klaus Schwab and published by Currency. This book was released on 2017-01-03 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress.
Book Synopsis Risk Management Framework for Fourth Industrial Revolution Technologies by : OMOSENI OYINDAMOLA. ADEPOJU
Download or read book Risk Management Framework for Fourth Industrial Revolution Technologies written by OMOSENI OYINDAMOLA. ADEPOJU and published by . This book was released on 2024-10-24 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on major challenges posed by the Fourth Industrial Revolution (4IR), particularly the associated risks. By recognizing and addressing these risks, it bridges the gap between technological advancements and effective risk management. It further facilitates a swift adoption of technology and equips readers with the knowledge to be cautious during its implementation. Divided into three parts, it covers an overview of 4IR, explores the risks and risk management techniques, and comprehensive risk management framework specifically tailored for the 4IR. Features: - Establishes a risk management framework for Industry 4.0 technologies. - Provides 'one stop shop' of different technologies emerging in the fourth industrial revolution. - Follows consistent structure for each key Industry 4.0 technology in separate chapters. - Details required risk management skills for the technologies of the fourth industrial revolution. - Covers risk monitoring, control, and mitigation measures. This book is aimed at graduate students, technologist enthusiasts, and researchers in computer sciences, Technology management, business management, and industrial engineering.
Book Synopsis Analyzing the Impacts of Industry 4.0 in Modern Business Environments by : Brunet-Thornton, Richard
Download or read book Analyzing the Impacts of Industry 4.0 in Modern Business Environments written by Brunet-Thornton, Richard and published by IGI Global. This book was released on 2018-05-04 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: In order to improve competitiveness and performance, corporations must embrace advancements in digitalization. Successful implementation of knowledge management is a huge factor in corporate success. Analyzing the Impacts of Industry 4.0 in Modern Business Environments is a critical scholarly publication that explores digital transformation in business environments and the requirement for not only a substantial management change plan but equally the two essential components of knowledge management: knowledge sharing and knowledge transfer. Featuring a broad range of topics such as strategic planning, knowledge transfer, and cybersecurity risk management, this book is geared toward researchers, academicians, and students seeking current and relevant research on organizational knowledge intensity and monitoring of knowledge management development.
Book Synopsis Global Business Leadership Development for the Fourth Industrial Revolution by : Smith, Peter
Download or read book Global Business Leadership Development for the Fourth Industrial Revolution written by Smith, Peter and published by IGI Global. This book was released on 2020-09-25 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the world has adapted to the age of digital technology, present day business leaders are required to change with the times as well. Addressing and formatting their business practices to not only encompass digital technologies, but expand their capabilities, the leaders of today must be flexible and willing to familiarize themselves with all types of global business practices. Global Business Leadership Development for the Fourth Industrial Revolution is a collection of advanced research on the methods and tactics utilized to succeed as a leader in the digital age. While highlighting topics including data privacy, corporate governance, and risk management, this book is ideally designed for business professionals, administrators, managers, executives, researchers, academicians, and business students who want to improve their understanding of the strategic role of digital technologies in the global economy, in networks and organizations, in teams and work groups, in information systems, and at the level of individuals as actors in digitally networked environments
Book Synopsis Governance of Technologies in Industrie 4.0 and Society 5.0 by : Azhar Zia-ur-Rehman
Download or read book Governance of Technologies in Industrie 4.0 and Society 5.0 written by Azhar Zia-ur-Rehman and published by AuthorHouse. This book was released on 2024-05-29 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the sequel to the author’s previous book titled “Technology Governance – Concepts and Practices” (ISBN 978-1-5246-7815-9) – which was a pioneering book on the subject. Technology governance has during these years become even more important due to the introduction of new technologies and the proliferation of artificial intelligence. This book takes the concept further in the context of the fourth industrial revolution (Industrie 4.0) and Society 5.0. The emerging domain of governance of ethics has been introduced considering concerns in the use of artificial intelligence. New methodologies have been introduced for transformation, technology governance, data governance, and process documentation. These are all based on international standards and are enhancements to accepted methodologies. This book is expected to take the domain of technology governance further towards maturity. Let me express my appreciation for your accomplishment in writing a book on the Fourth Industrial Revolution and Society 5.0 I am confident that the book will contribute to the contemporary debate on how to succeed and sustain in the era of a technological revolution that is fundamentally altering the way we exist, operate, and interact with each other, and is a manifestation of the dedication on your part. Dr. Arif Alvi President of Pakistan
Book Synopsis Leading from Under the Sword of Damocles by : Nabil Abu el Ata
Download or read book Leading from Under the Sword of Damocles written by Nabil Abu el Ata and published by Springer. This book was released on 2018-03-20 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization trends and the rapid pace of technological innovations have introduced unprecedented change and uncertainty. For unprepared businesses, the drivers of the Fourth Industrial Revolution will become a constant source of surprise and crises will unfold at an ever-increasing rate. To thrive under these conditions, companies must adopt new risk management technologies and practices that enable business leaders to better anticipate and adjust to changing dynamics. This book helps readers understand how algorithm-based predictive and prescriptive analytics principles can be used to control risk in today’s dynamic business environment. It serves as a reference guide for business leaders and risk management practitioners of companies that are global in reach or operate dynamically complex systems. Using the technological and scientific innovations presented in this book, business leaders can gain a wider understanding of risk and prescriptively determine which actions are necessary to ensure the business is optimally positioned to meet its stated long-term goals and objectives. Case studies show how the presented methods can be practically applied to preemptively expose risks and support decisions to optimize, transform or disrupt current business models, strategies, organizational structure and information systems when necessary to maintain a market position or outperform competitors. These methods have been proven through hundreds of client cases. By using mathematical emulation to link business risks to strategic imperatives, it becomes possible to achieve a higher annual profit margin and better growth. As we enter the Fourth Industrial Revolution, companies that are able to expose risks caused by dynamic complexity and maintain the alignment between the goals of the business and operational execution will be better prepared to make the shifts necessary for long-term success and keep the business moving toward its goals.
Book Synopsis Management and Leadership in the 4th Industrial Revolution by : Stephen Wyatt
Download or read book Management and Leadership in the 4th Industrial Revolution written by Stephen Wyatt and published by Kogan Page Publishers. This book was released on 2020-11-03 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: LONGLISTED: CMI Management Book of the Year 2021 The business world is currently experiencing fundamental disruption, in part driven by the technology enabled Fourth Industrial Revolution. Corporate value is created and lost in breathtakingly short periods, and the rise of 'unicorns' against the demise of once-venerated organizations has shown that how firms compete has changed. Management and Leadership in the 4th Industrial Revolution presents a framework for managing and winning in the new accelerated world of business, focusing on the key capabilities organizations now need to achieve competitively superior performance. Building on the 'dynamic capabilities' approach already familiar to strategists and based around his own research, Stephen Wyatt shows how executives can assess the dynamic capacity of their organization - a leading indicator of future performance in comparison to their industry peers. Written in an accessible style with best practice examples from companies and quotes from executives to support each insight, this book includes a self-assessment questionnaire to measure the dynamic capacity of your organization and advice on how to strengthen areas of relative weakness. Management and Leadership in the 4th Industrial Revolution offers timely insights on driving innovation and emphasizes the importance of long-term strategy, change management and new models of dynamic leadership.
Book Synopsis ERM - Enterprise Risk Management by : Jean-Paul Louisot
Download or read book ERM - Enterprise Risk Management written by Jean-Paul Louisot and published by John Wiley & Sons. This book was released on 2014-06-03 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: A wealth of international case studies illustrating current issues and emerging best practices in enterprise risk management Despite enterprise risk management's relative newness as a recognized business discipline, the marketplace is replete with guides and references for ERM practitioners. Yet, until now, few case studies illustrating ERM in action have appeared in the literature. One reason for this is that, until recently, there were many disparate, even conflicting definitions of what, exactly ERM is and, more importantly, how organizations can use it to utmost advantage. With efforts underway, internationally, to mandate ERM and to standardize ERM standards and practices, the need has never been greater for an authoritative resource offering risk management professionals authoritative coverage of the full array of contemporary ERM issues and challenges. Written by two recognized international thought leaders in the field, ERM-Enterprise Risk Management provides that and much more. Packed with international cases studies illustrating ERM best practices applicable across all industry sectors and business models Explores contemporary issues, including quantitative and qualitative measures, as well as potential pitfalls and challenges facing today's enterprise risk managers Includes interviews with leading risk management theorists and practitioners, as well as risk managers from a variety of industries An indispensable working resource for risk management practitioners everywhere and a valuable reference for researchers, providing the latest empirical evidence and an exhaustive bibliography
Book Synopsis A Notion of Enterprise Risk Management by : Soumi Majumder
Download or read book A Notion of Enterprise Risk Management written by Soumi Majumder and published by Emerald Group Publishing. This book was released on 2024-07-17 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Soumi Majumder and Nilanjan Dey address the unique challenges posed by Industry 4.0, exploring the intersection of risks and cultural shifts within the business landscape. Key topics include the transformative potential of machine learning; big data; and IoT in the domain of enterprise risk management.
Book Synopsis Enterprise Risk Management by : David Louis Olson
Download or read book Enterprise Risk Management written by David Louis Olson and published by World Scientific. This book was released on 2008 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book expands the scope of risk management beyond insurance and finance to include accounting risk, terrorism, and other issues that can threaten an organization. It approaches risk management from five perspectives: in addition to the core perspective of financial risk management, it addresses perspectives of accounting, supply chains, information systems, and disaster management. It also covers balanced scorecards, multiple criteria analysis, simulation, data envelopment analysis, and financial risk measures that help assess risk, thereby enabling a well-informed managerial decision making.The book concludes by looking at four case studies, which cover a wide range of topics. These include such practical issues as the development and implementation of a sound risk management structure; supply chain risk and enterprise resource planning systems in information systems, and disaster management.
Book Synopsis Enterprise Risk Management by : James Lam
Download or read book Enterprise Risk Management written by James Lam and published by John Wiley & Sons. This book was released on 2003-05-30 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enterprise risk management is a complex yet critical issue that all companies must deal with as they head into the twenty-first century. It empowers you to balance risks with rewards as well as people with processes. But to master the numerous aspects of enterprise risk management, you must first realize that this approach is not only driven by sound theory but also by sound practice. No one knows this better than risk management expert James Lam. In Enterprise Risk Management: From Incentives to Controls, Lam distills twenty years' worth of experience in this field to give you a clear understanding of both the art and science of enterprise risk management. Organized into four comprehensive sections, Enterprise Risk Management offers in-depth insights, practical advice, and real world case studies that explore every aspect of this important field. Section I: Risk Management in Context lays a solid foundation for understanding the role of enterprise risk management in today’s business environment. Section II: The Enterprise Risk Management Framework offers an executive education on the business rationale for integrating risk management processes. Section III: Risk Management Applications discusses the applications of risk management in two dimensions–functions and industries. Section IV: A Look to the Future rounds out this comprehensive discussion of enterprise risk management by examining emerging topics in risk management with respect to people and technology. JAMES LAM is President of James Lam & Associates, an independent risk advisory firm. Before starting his own firm, Lam was founder and president of ERisk and partner of Oliver, Wyman & Company. In 1997, as chief risk officer at Fidelity Investments, he was named the first-ever Financial Risk Manager of the Year by the Global Association of Risk Professionals. Prior to Fidelity, he was chief risk officer of Capital Markets Services, Inc., a GE Capital Company. Lam graduated with honors from Baruch College and received his MBA from UCLA. He is also currently an Adjunct Professor of Finance at Babson College.
Book Synopsis Human Capital Formation for the Fourth Industrial Revolution by : Atiku, Sulaiman Olusegun
Download or read book Human Capital Formation for the Fourth Industrial Revolution written by Atiku, Sulaiman Olusegun and published by IGI Global. This book was released on 2019-10-18 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in technological innovations, automation, and the latest developments in artificial intelligence (AI) have revolutionized the nature of work and created a demand for a new set of skills to navigate the Fourth Industrial Revolution (Industry 4.0). Therefore, it is necessary to equip displaced workers with a new set of skills that are essential for conversion into technical or other functional areas of business. Human Capital Formation for the Fourth Industrial Revolution is an essential research publication that recognizes the need to revitalize human capital formation for graduate employability in Industry 4.0 and discusses new skills and competencies needed to cope with the challenges present within this industrial revolution. The book seeks to provide a basis for curriculum design in line with the advances in technological innovations, automation, and artificial intelligence to enhance current and future employment. Featuring an array of topics such as curriculum design, emotional intelligence, and healthcare, this book is ideal for human resource managers, development specialists, training officers, teachers, universities, practitioners, academicians, researchers, managers, policymakers, and students.
Book Synopsis Building a Cyber Risk Management Program by : Brian Allen
Download or read book Building a Cyber Risk Management Program written by Brian Allen and published by "O'Reilly Media, Inc.". This book was released on 2023-12-04 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cyber risk management is one of the most urgent issues facing enterprises today. This book presents a detailed framework for designing, developing, and implementing a cyber risk management program that addresses your company's specific needs. Ideal for corporate directors, senior executives, security risk practitioners, and auditors at many levels, this guide offers both the strategic insight and tactical guidance you're looking for. You'll learn how to define and establish a sustainable, defendable, cyber risk management program, and the benefits associated with proper implementation. Cyber risk management experts Brian Allen and Brandon Bapst, working with writer Terry Allan Hicks, also provide advice that goes beyond risk management. You'll discover ways to address your company's oversight obligations as defined by international standards, case law, regulation, and board-level guidance. This book helps you: Understand the transformational changes digitalization is introducing, and new cyber risks that come with it Learn the key legal and regulatory drivers that make cyber risk management a mission-critical priority for enterprises Gain a complete understanding of four components that make up a formal cyber risk management program Implement or provide guidance for a cyber risk management program within your enterprise
Book Synopsis The Emerging Business Models by : Chong Guan
Download or read book The Emerging Business Models written by Chong Guan and published by World Scientific. This book was released on 2020-05-21 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Emerging Business Models describes current issues that the business leaders and professionals are facing, as well as developments in digitalization. This book consisting of 10 chapters introduces the new technology trends and challenges that businesses today face. The authors cover several increasingly important new areas such as the Fourth Industrial Revolution, Internet of Things (IoT), financial technology (FinTech), social media, platform strategy, analytics, artificial intelligence (AI) and many other forces of disruption and innovation that shape today's realities of the world.These digital transformations are taking place at an exponential rate. The speed of innovations and breakthroughs is disrupting the traditional businesses. A better understanding of the changing environment in the new economy can enable business professionals and leaders to recognize realities, embrace changes, and create new opportunities — locally and globally — in this inevitable digital age.
Book Synopsis Strategic Risk Management by : Paul C. Godfrey
Download or read book Strategic Risk Management written by Paul C. Godfrey and published by Berrett-Koehler Publishers. This book was released on 2020-01-21 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a new approach to risk management that enables executives to think systematically and strategically about future risks and deal proactively with threats to their competitive advantages in an ever more volatile, uncertain, complex, and ambiguous world. Organizations typically manage risks through traditional tools such as insurance and risk mitigation; some employ enterprise risk management, which looks at risk holistically throughout the organization. But these tools tend to focus organizational attention on past actions and compliance. Executives need to tackle risk head-on as an integral part of their strategic planning process, not by looking in the rearview mirror. Strategic Risk Management (SRM) is a forward-looking approach that helps teams anticipate events or exposures that fundamentally threaten or enhance a firm's position. The authors, experts in both business strategy and risk management, define strategic risks and show how they differ from operational risks. They offer a road map that describes architectural elements of SRM (knowledge, principles, structures, and tools) to show how leaders can integrate them to effectively design and implement a future-facing SRM program. SRM gives organizations a competitive advantage over those stuck in outdated risk management practices. For the first time, it enables them to look squarely out the front windshield.
Book Synopsis Systems Engineering in the Fourth Industrial Revolution by : Ron S. Kenett
Download or read book Systems Engineering in the Fourth Industrial Revolution written by Ron S. Kenett and published by John Wiley & Sons. This book was released on 2019-12-10 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt: An up-to-date guide for using massive amounts of data and novel technologies to design, build, and maintain better systems engineering Systems Engineering in the Fourth Industrial Revolution: Big Data, Novel Technologies, and Modern Systems Engineering offers a guide to the recent changes in systems engineering prompted by the current challenging and innovative industrial environment called the Fourth Industrial Revolution—INDUSTRY 4.0. This book contains advanced models, innovative practices, and state-of-the-art research findings on systems engineering. The contributors, an international panel of experts on the topic, explore the key elements in systems engineering that have shifted towards data collection and analytics, available and used in the design and development of systems and also in the later life-cycle stages of use and retirement. The contributors address the issues in a system in which the system involves data in its operation, contrasting with earlier approaches in which data, models, and algorithms were less involved in the function of the system. The book covers a wide range of topics including five systems engineering domains: systems engineering and systems thinking; systems software and process engineering; the digital factory; reliability and maintainability modeling and analytics; and organizational aspects of systems engineering. This important resource: Presents new and advanced approaches, methodologies, and tools for designing, testing, deploying, and maintaining advanced complex systems Explores effective evidence-based risk management practices Describes an integrated approach to safety, reliability, and cyber security based on system theory Discusses entrepreneurship as a multidisciplinary system Emphasizes technical merits of systems engineering concepts by providing technical models Written for systems engineers, Systems Engineering in the Fourth Industrial Revolution offers an up-to-date resource that contains the best practices and most recent research on the topic of systems engineering.
