Risk Management Essays (Examples)
Study Document
Enterprise Risk Management In Wells Fargo During The Pandemic
Enterprise risk management in Wells Fargo during the Pandemic
Introduction
As Beasley (2020) points out, enterprise risk management (ERM) is especially needed during the COVID 19 pandemic because of the “number of different, but interrelated risk spread all across most organization” (p. 2). COVID 19 is not just a factor that has impacted one business or industry. It has … Wells Fargo specifically because of its role in managing loan products, using interest rates to attract savers, and offering investment advice. “No single risk associated with the COVID-19 pandemic crisis can be managed in isolation,” as Beasley (2020) points out (p.2). This means that from an ERM … in isolation,” as Beasley (2020) points out (p.2). This means that from an ERM perspective the problem has to be approached comprehensively with risk understood at the macro level. This paper will provide 1) a critical analysis, including a comparison and contrast……
References
References
Beasley, M. (2020). How to Leverage ERM Principles to Better Respond to COVID-19-Related Risks. ERM Professional Insights.
Derysh, I. (2020). Watchdog questions why Wells Fargo reported giving only one large PPP loan to a Black-owned business. Retrieved from https://www.salon.com/2020/07/22/watchdog-questions-why-wells-fargo-reported-giving-only-one-large-ppp-loan-to-a-black-owned-business/
English, C. (2020). Wells Fargo Forced to Cut Its Dividend After Fed Stress Test. Here’s What Other Banks Did. Retrieved from https://www.barrons.com/articles/wells-fargo-forced-to-cut-its-dividend-after-fed-stress-test-51593467664
Hall, J. (2007). Internal Auditing and ERM: Fitting in and Adding Value. Retrieved from https://global.theiia.org/about/about-the-iia/Public Documents/Sawyer_Award_2007.pdf
Kaplan, R. & Mikes, A. (2012). Managing risks: A new framework. Harvard Business Review, 3.
Lewis, M. (2010). The Big Short. NY: W. W. Norton.
Lundqvist, S. (2014). Abandoning Silos for Integration: Implementing Enterprise Risk Management and Risk Governance. Lund University.
Morgenson, G. (2020). More Wells Fargo customers say the bank decided to pause their mortgage payments without asking. Retrieved from https://www.nbcnews.com/business/personal-finance/more-wells-fargo-customers-say-bank-decided-pause-their-mortgage-n1234610
Study Document
Risk Management And Insurance
...Risk management
Q1
Annuities account for a great part of the protection one affords self against death. They do not follow the application of the law of large numbers as the law is traditionally utilized in life insurance. It has, therefore, been referred to as “upside-down life insurance.” When an annuitant passes away during the period of accumulation, their beneficiaries are paid a death benefit. The common treatment of annuities is to account for gross premium returns excluding interest or to account for the cash value, whichever is greater. The principle is for the principal sum to be liquidated over the annuitant’s lifetime regardless of the means of accumulation.
Q2
Annuities can fall under various classes. Traditionally, the following classifications have been used to differentiate annuities:
i. Individual vs. group annuity
ii. Fixed-dollar vs. variable annuity
iii. Deferred annuity vs. immediate annuity
iv. Installment annuity vs. single-premium annuity
v. Single life vs.……
References
References
Vaughan, E. J., & Vaughan, T. (2007). Fundamentals of risk and insurance. John Wiley & Sons.
Study Document
Purchasing And Supply Management
Purchasing and Supply management
Introduction
Why is purchasing and supply management so important to a firm’s success? Burt (2010) perhaps puts it best: “Historically, supply management has been considered important because of its impact on costs” (p. 9). In other words, a firm seeking to be competitive and profitable … impact on costs” (p. 9). In other words, a firm seeking to be competitive and profitable must have a good purchasing and supply management process in place—otherwise it risk watching its bottom line whittle away due to costs that it did not try its hardest to reduce. This paper will discuss the … to costs that it did not try its hardest to reduce. This paper will discuss the importance and value of purchasing and supply management by 1) looking at how the function relates to selecting a qualified supplier, 2) selecting the best strategies for negotiating prices, 3) creating……
References
References
BDC. (2019). 6 ways the purchasing department can improve your business. Retrieved from https://www.bdc.ca/en/articles-tools/operations/purchasing/pages/purchasing-department-objectives.aspx
Benton, W. C. (2013). Supply chain focused manufacturing planning and control. Nelson Education.
Burt, D. N. (2010). Supply Management, 8th Edition. Devry.
Harland, C., Brenchley, R., & Walker, H. (2003). Risk in supply networks. Journal of Purchasing and Supply management, 9(2), 51-62. Retrieved from http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.471.2910&rep=rep1&type=pdf
Holmlund, M. & Strandvik, T. (1999) Perception configuration in business relationship, Management Decision, 37(9), 686-696
MacNeil/Lehrer Productions (Producer). (1999). Your computer, your way: Dell and thedirect sales model [Video file]. Retrieved from https://libraryresources.columbiasouthern.edu/login
Monczka, R. & Handfield, R. (2016). Purchasing and supply chain management. Boston, MA: Cengage.
NC State University. (2003). Negotiating for success. Retrieved from https://scm.ncsu.edu/scm-articles/article/negotiating-for-success
Study Document
Understanding The Factors Affecting The Success Of Credit Risk In
… more with the advancement of globalization. In each regard of their business operations, banks ought to take effective measures in order to diminish risk by pinpointing the prospective causes based on real-world circumstances. Imperatively, the banking sector is deemed to be a significant source of financing for … to be a significant source of financing for several companies and entrepreneurs. In the past decade, there have been dramatic changes concerning the management of risk in the banking industry. Progressively more financial institutions and managers have augmented the focus on the significance of risk management. In delineation, risk management encompasses the practice of identifying, assessing and listing of risk followed by organized and cost-effective application of resources to curtail, supervise and control the probability and influence of disastrous events or to capitalize … as financial intermediaries within any economic setting and they are key providers of financial credit to both……
References
References
Bhattarai, Y. R. (2016). Effect of credit risk on the performance of Nepalese commercial banks. NRB Economic Review, 28(1), 41-64.
Das, A. and Ghosh, S. (2007). Determinants of Credit Risk in Indian State-owned Banks: An Empirical Investigation. Economic Issues, 12(2): 48-66.
Derelio?lu, G., & Gürgen, F. (2011). Knowledge discovery using neural approach for SME’s credit risk analysis problem in Turkey. Expert Systems with Applications, 38(8), 9313-9318
Garr, D. K. (2013). Determinants of credit risk in the banking industry of Ghana. Developing Country Studies, 3(11), 64-77.
Gizaw, M., Kebede, M., & Selvaraj, S. (2015). The impact of credit risk on profitability performance of commercial banks in Ethiopia. African Journal of Business Management, 9(2), 59-66.
Johnson, B., & Christensen, L. (2008). Educational research: Quantitative, qualitative, and mixed approaches. New York: Sage.
Kithinji, A. M. (2010). Credit risk management and profitability of commercial banks in Kenya. (Doctoral dissertation, University of Nairobi).
Limam, I. (2001). Measuring technical efficiency of Kuwaiti banks. Kuwait: Arab Planning Institute.
Study Document
Managing Behavior In Adolescents And Children Through Solution Focused
… under library and learning commons with publication authority from Journal of Human Behavior in the Social Environment where the key focus is conflict management, literacy, negotiation, theory, financial management, a trans-theoretical model of change, and couples therapy where it is cited fifteen times by Plum X metrics or Google scholar. Audience: The … times by Plum X metrics or Google scholar. Audience: The journal article is addressed to individuals to take note of financial literacy, financial management, and marital disputes using solution-focused therapy. Relevance to the thesis or purpose of the annotated bibliography. This examination inspected monetary troubles are not ……
References
References
Boyer, B., MacKay, K. J., McLeod, B. D., & van der Oord, S. (2018). Comparing Alliance in Two Cognitive-Behavioral Therapies for Adolescents with ADHD Using a Randomized Controlled Trial. Behavior Therapy, 49(5), 781–795. 10.1016/j.beth.2018.01.003
Brockman, M., Hussain, K., Sanchez, B., & Turns, B. (2016). Managing Child Behavior Problems in Children with Autism Spectrum Disorders: Utilizing Structural and Solution Focused Therapy with Primary Caregivers. American Journal of Family Therapy, 44(1), 1–10. 10.1080/01926187.2015.1099414
Gonzalez, C. (2017). Recovering Process from Child Sexual Abuse During Adulthood from an Integrative Approach to Solution-Focused Therapy: A Case Study. Journal of Child Sexual Abuse, 26(7), 785–805. 10.1080/10538712.2017.1354954
Kiser, D. J., & Piercy, F. P. (2014). Creativity and family therapy theory development: Lessons from the founders of solution-focused therapy: The journal of solution focus in organizations. InterAction, 6(2), 51-851645018526?accountid=45782
Smith, T. E., Shelton, V. M., & Richards, K. V. (2016). Solution-focused financial therapy with couples. Journal of Human Behavior in the Social Environment, 26(5), 452–460. 10.1080/10911359.2015.1087921
Study Document
Managing Organizational Stress In Military
… should see to it that resilience is underpinned by physical wellbeing. On this front, physical wellbeing has got to do with the effective management of fatigue and implementation of deliberate measures to promote fitness within the operating environment’s constraints. Alongside physical wellbeing, the relevance of ensuring that … employed by the CSM/SGM should be effective in as far as ensuring that when service members are confronted with adversity, complexity, challenge, or risk, they are well prepared to not only recover, but also adapt and thrive.
References
Meredith, L.S., Sherbourne, C.D., Gaillot, S., Hansell, L. Rtschard, ……
References
References
Meredith, L.S., Sherbourne, C.D., Gaillot, S., Hansell, L. Rtschard, H.V., Parker, A.M. & Wrenn, G. (2011). Promoting Psychological Resilience in the U.S. Military. Retrieved from https://www.rand.org/content/dam/rand/pubs/monographs/2011/RAND_MG996.pdf
Sinclair, R.R. & Britt, T.W. (2013). Building Psychological Resilience in Military Personnel: Theory and Practice. New York, NY: American Psychological Association.
Study Document
Project Management Plan To Upgrade Hospital Equipment
… manager, I intend to focus on identifying and replacing the outdated equipment, raising the required funds using appropriate strategies.
1.1 Purpose of Project management Plan
The purpose of the Hospital Equipment Upgrade (HEU) PMP is to identify all outdated equipment in the target hospital, develop a plan … the project as staff members have a central role in identifying all the equipment with the potential to improve patient outcome.
3. SCOPE management
To ensure this project does not overlap with other ongoing projects in the hospital, it will only address the following:
1. Identification of … with minimal disruption to normal hospital activity and testing to ensure they work as intended and achieve the desired outcome.
3.3 Change Control management
To address changes in project definition, scope or approach, all requested changes will have to pass through, and be approved by, both the … ……
References
References
Healthcare Business. (2013, May 15). Report: Hospitals waste billions using outdated technology. Retrieved from Health Care Business Tech: http://www.healthcarebusinesstech.com/outdated-technology-wastes-money/
Lee, J. (2016, April 14). Top five risks of using outdated technology. Retrieved from Meridian: http://www.whymeridian.com/blog/top-5-risks-of-using-outdated-technology
Moran, W. J. (2019). Hospital Fundraising Best Practices. Retrieved from The Moran Company: https://morancompany.com/hospital-fundraising-best-practices/
Parand, A., Dopson, S., A. R., & Vincent, C. (2014). The role of hospital managers in quality and patient safety: a systematic review. BMJ Open.
Pohjola, T., Suhonen, M., Mattila, K., & Meretoja, R. (2016). The work done in healthcare projects . Journal of Nursing.
Ponemon Institute. (2013). The Economic and Productivity Impact of IT Security on Healthcare. Imprivata.
Study Document
Supply Chain Management In Canada
Strategic Supply Chain management: Case Study
I. Executive Summary
Strategic supply chain management consists of strategic, tactical and operational levels, wherein general planning, short-term process decision-making, and day-to-day operations are planned and executed. This case study … outside of Canada, the company has made no inroads of any substantial impact in foreign markets. [3: Krebbler Furniture Case Study, Supply Chain management Association, 12.]
The market for household furniture in Canada is extremely competitive. The founder Michael Krebbler took the company public five years ago … at present are still operating as two separate businesses though they are owned by one owner.[footnoteRef:5] [4: Krebbler Furniture Case Study, Supply Chain management Association, 3.] [5: Krebbler Furniture Case Study, Supply Chain management Association, 8.]
Operating expenses have increased drastically since the sale of Krebbler’s to McCray. Two years prior they 7.23 million CAD compared to … between before and after the merger can……
References
Bibliography
Channick, Robert. “Fallout from China Trade War,” Chicago Tribune, 2019. https://www.chicagotribune.com/business/ct-biz-china-tariffs-illinois-impact-20190510-story.html
Krebbler Furniture Case Study, Supply Chain Management Association. Digital File.
Study Document
Recruiting And Managing Volunteers For Social Impact Organizations
...Risk management Start up and Funding Models for Social Impact Organizations
Introduction
Volunteers are needed for social impact organizations, which have limited funds and require the efforts, participation, and commitment of volunteer personnel in order to meet organizational goals. To recruit and manage volunteers, it is important to communicate a vision and mission of what the organization is doing, what it aims to achieve, why it matters, and what volunteers can do to help achieve the goals. Every volunteer’s role must be clearly defined, and every vision clearly articulated. This paper will describe how to manage, motivate and evaluate volunteers in a social impact organization.
Where Volunteers are Needed
Volunteers are a necessary component of any healthy society and community (US Department of Health and Human Services, 2005). They are needed because they help to communicate the sense of value in both the community and the organization among stakeholders. Volunteers show that……
References
References
The Economist. (2011). Wikipedia’s fundraising, free but not easy. Retrieved from http://www.economist.com/node/21536580
Eisner, D., Grimm Jr, R. T., Maynard, S., & Washburn, S. (2009). The new volunteer workforce. Stanford Social Innovation Review, 7(1), 32-37.
Georgetown University Alumni Career Services. (2016). Effective Volunteer Recruitment & Management Strategies for Non-Profits. Retrieved from https://www.youtube.com/watch?v=a6h4Pk47ymE#action=share
Hager, M.A., & Brudney, J.L. (2004). Volunteer management practices and retention of volunteers. Retrieved from http://www.urban.org/uploadedpdf/411005_volunteermanagement.pdf
Screwvala, T. (2018). How Volunteering can help Change the World. Retrieved from https://www.youtube.com/watch?v=uGtFvOSmZ8A#action=share
Smith, D. H. (1994). Determinants of voluntary association participation and volunteering: A literature review. Nonprofit and voluntary sector quarterly, 23(3), 243-263.
US Department of Health and Human Services. (2005). Successful Strategies for Recruiting, Training, and Utilizing Volunteers. Retrieved from https://www.samhsa.gov/sites/default/files/volunteer_handbook.pdf
Study Document
Change Management In Health Care
… are essential for employee engagement, discuss how different perspectives and agendas impact the change, and explain how change can best be managed.
Change management is a process that proceeds in steps, which generally consist of preparation, management, and reinforcement (NHS, 2011). The first of these steps—preparation—requires that the change manager gain a sense of what stakeholders think about the way … are in the process of change, from the beginning, the more likely they are to embrace the change during the implementation stage.
The management stage, which is where implementation goes live, requires managers to use change agents—stakeholders (generally employees) who are supportive of the change and can … use change agents—stakeholders (generally employees) who are supportive of the change and can promote it among other employees. Resistance to change occurs when management has failed to identify all the perspectives and opposing points of view to change. To promote……
References
References
Doll, G. A., Cornelison, L. J., Rath, H., & Syme, M. L. (2017). Actualizing culture change: The Promoting Excellent Alternatives in Kansas Nursing Homes (PEAK 2.0) program. Psychological services, 14(3), 307.
Joshi.(2014). Change is Constant, but Improvement is Rapid. H and HN: Hospitals and Health Networks (2014).
Kodama, Y., & Fukahori, H. (2017). Nurse managers’ attributes to promote change in their wards: A qualitative study. Nursing open, 4(4), 209-217.
Kotter’s 8 Step Change Model. (2018). Retrieved from https://www.toolshero.com/change-management/8-step-change-model-kotter/
NHS. (2011). Overview – Change Management – the Systems and Tools for Managing Change. Retrieved from https://www.england.nhs.uk/improvement-hub/wp-content/uploads/sites/44/2017/11/Overview-Change-management.pdf
Tobias, R. M. (2015). Why do so many organizational change efforts fail?. Public Manager, 44(1), 35
Improve your studying and writing skills
We have over 150,000+ study documents to help you.
Sign Up for FREE
