Risikovurdering

Risk management has become one of the key requirements for insightful decision-making. What are risks sources? How are they being managed? This book describes certainty, uncertainty, financial risks, methods of risk mitigation, and risk management.The first chapter of this book represents some milestones in risk management and introduces the main aspects of financial risk management. The following chapters discuss various types of financial risk such as market risk, credit risk, operational risk, liquidity risk, interest rate risk, and other financial risks. The last chapter describes enterprise risk management which binds together all the risks.This book, which is accompanied by PowerPoint presentations, is aimed at lecturers, students, and practitioners with an interest in risk management. The book is the fruit of the authors' long years of work in the field of risk management, serving as a risk management advisor and teaching an MBA-level academic course on the topic for economics and business administration students.

Das Buch vermittelt eine ganzheitliche Betrachtung des Risikomanagements und der organisationalen Resilienz anhand der Methode des Storytellings. Die Themen Risikomanagement, Krisenmanagement und Fehlermanagement werden von Unternehmen häufig unabhängig voneinander umgesetzt. Studien zur organisationalen Resilienz zeigen jedoch, dass eine Vernetzung aller drei Bereiche im Unternehmen der Schlüssel zum Erfolg sein kann.Diese Vernetzung gelingt am besten durch die Methode des Storytellings. Dabei werden Geschichten im Unternehmen strategisch genutzt, um fachlich relevante Informationen oder Prozessziele zu verdeutlichen oder Lösungswege aufzuzeigen. Damit können zum einen Traditionen, Werte und Unternehmenskultur vermittelt werden, aber auch durch die Arbeit mit Metaphern verborgene Konflikte aufgelöst werden. Denn Geschichten öffnen uns die Augen, verändern unsere Perspektive und dienen als praktische Handlungshilfen. Die Autoren beschreiben anschaulich und anhand von praxisorientierten Beispiel-Geschichten die Methode des Storytellings im Risiko-, Krisen- und Fehlermanagement und geben Tipps für die Entwicklung einer eigenen Geschichten-Datenbank.

An insightful look at how human beings are the walking definition of risk and how the consequences of our choices in any adventure or challenge can impact our overall well-being.The adventure of taking risks and intentionally exposing ourselves to potentially dire consequences provides an opportunity for some to heighten the human experience of being alive. Moreover, it is self-evident that steps into uncharted realms are essential if we aim to evolve as human beings. Ken Wylie's work in risk management in the outdoor community has given him profound insight into the dynamics of risk and the meaningful impact that such activity can have on our lives.Our actions have the potential to be creative and productive or tragic and destructive. Carl Jung identified that the most hazardous thing for humans is themselves, fuelled by denial of the existence of what he called "shadow." Shadow is the lack of acknowledgement of our profound capacity for harmful action. Invalidating our potential to make poor choices means we can't envision any need to raise our game in any way or for any reason. We will see how this awareness has great utility in propelling us through our fragmented state and onward to wholeness, a platform for making wise choices that result in our evolution.Awareness of the simultaneously corrosive and fortifying choices we can make is the second gift. We need to ask ourselves, while in the midst of any adventure or challenge, whether we are progressing from denial to acceptance of responsibility, traversing from faintheartedness to courage, coming through isolation into connection with others and ourselves, passing from hubris to grace or inspired action, from deception to truth, from intellectualizing to using our intuition and chaos to embody peace. This is the archetypical human journey of acknowledging and capturing the energy of our flaws to propel ourselves toward wholeness.

Mastering Options: Effective and Profitable Strategies for Investors is essential reading for beginners to the world of options. It explains the essentials of option and hedging strategies that will empower you to earn attractive profits.Primarily aimed at undergraduates and retail investors, it opens the door to a world of unlimited profits with limited risk. In concise language, augmented by relevant graphics, the key trading tools available to investors using online option trading platforms, are explained in detail.Chapter by chapter, this book builds up a complete understanding of the essential building blocks of options investing, including covering key charting techniques using technical analysis tools.Here's what you learn from Mastering Options: The characteristics of an option.Types of options and common terms.The underlying principles of options investing.Insights into why you should invest in options.Option strategies that consistently make profits whilst managing risk exposure.Case studies illustrating each strategy.This book exposes the myth that investing in financial options is an impenetrable mystery.

As drivers of climate action enter the fourth decade of what has become a multi-stage race, Net Zero has emerged as the dominant organizing principle. Hundreds of corporations and investors worldwide, together responsible for assets in the tens of trillions of dollars, are lining-up for the UN Race to Zero. This latest stage in the race to save civilization from heat, drought, fires, and floods, is defined by steering toward zeroing out greenhouse gas emissions by 2050.Settling Climate Accounts probes the practice of Net Zero finance. It elucidates both the state of play and a set of directions that help form judgements about whether Net Zero is going to carry climate action far enough. The book delves into technical analyses and activates the reader's imagination with narrative accounts of climate action past, present, and future. Settling Climate Accounts is edited and authored by Stanford University faculty and researchers. The first part of the book investigates the rough edges of Net Zero in practice, exploring questions of hedging risk, Scope 3 emissions, greenwashing, and the business of asset management. The second half looks at states, markets, and transitions through the lenses of blended finance, offsets, debt, and securitization. The editors tease out possible solutions and raise further questions about the adequacy and reach of the Net Zero agenda. To effectively navigate the road ahead, the editors call out the need for accountability and ask: who is in charge of making Net Zero add up?Settling Climate Accounts offers context and foundation to ground the rapidly evolving practice of Net Zero finance. Targeted at seasoned practitioners, newly activated leaders, educators, and students of climate action the world over, this book embraces the complexity of climate action and, in so doing, proposes to animate and drive hope.

Most successful organizations recognize Maintenance Parts and Procurement as a critical success factor to Asset Management Excellence and their fundamental supply chain value proposition. This book works as a guide to all the stakeholders that influence the success of their Maintenance Parts Operation and their enterprise's bottom line.

This book addresses the reliability, risk, and safety issues of real industrial systems with application of the latest reliability and riskbased modelling. Related topics such as maintenance decision-making, risk and safety modelling are also addressed with the implementation of decision-making techniques.

Volume 22, Fintech, Pandemic, and the Financial System, examines systemic challenges faced by a wide range of financial market participants and the continued disruptions introduced by financial innovations (Fintech).

Manage and mitigate the human side of riskIn Humanizing Rules: Bringing Behavioural Science to Ethics and Compliance, veteran risk adviser and trainer Christian Hunt delivers an incisive and practical discussion of how to mitigate the risk of people doing things they shouldn't or failing to do things they should. In the book, you'll explore effective strategies for achieving compliance that work with - rather than against - the grain of natural human thinking and behaviour.The authors challenge existing presumptions about managing risk and show you practical techniques and examples you can deploy today in your own organisation. You'll also find:* Strategies for preventing adverse events that go beyond simply assuming that, because someone is employed, they can be told what to do* Techniques for risk mitigation in environments which are difficult to codify* Ways to improve positive engagement on the part of employees critical to risk managementAn effective and essential text in managing the human contribution to adverse and negative events, Humanizing Rules is a must-read for compliance professionals, Chief Risk Officers and other risk executives, managers, directors, and other business leaders with an interest in reducing the likelihood and impact of risk.

Dieses Buch bietet einen Überblick über Data-Mining-Methoden, die durch Software veranschaulicht werden. Beim Wissensmanagement geht es um die Anwendung von menschlichem Wissen (Erkenntnistheorie) mit den technologischen Fortschritten unserer heutigen Gesellschaft (Computersysteme) und Big Data, sowohl bei der Datenerfassung als auch bei der Datenanalyse. Es gibt drei Arten von Analyseinstrumenten. Die deskriptive Analyse konzentriert sich auf Berichte über das, was passiert ist. Bei der prädiktiven Analyse werden statistische und/oder künstliche Intelligenz eingesetzt, um Vorhersagen treffen zu können. Dazu gehört auch die Modellierung von Klassifizierungen. Die diagnostische Analytik kann die Analyse von Sensoreingaben anwenden, um Kontrollsysteme automatisch zu steuern. Die präskriptive Analytik wendet quantitative Modelle an, um Systeme zu optimieren oder zumindest verbesserte Systeme zu identifizieren. Data Mining umfasst deskriptive und prädiktive Modellierung. Operations Research umfasst alle drei Bereiche. Dieses Buch konzentriert sich auf die deskriptive Analytik.Das Buch versucht, einfache Erklärungen und Demonstrationen einiger deskriptiver Werkzeuge zu liefern. Es bietet Beispiele für die Auswirkungen von Big Data und erweitert die Abdeckung von Assoziationsregeln und Clusteranalysen. Kapitel 1 gibt einen Überblick im Kontext des Wissensmanagements. Kapitel 2 erörtert einige grundlegende Softwareunterstützung für die Datenvisualisierung. Kapitel 3 befasst sich mit den Grundlagen der Warenkorbanalyse, und Kapitel 4 demonstriert die RFM-Modellierung, ein grundlegendes Marketing-Data-Mining-Tool. Kapitel 5 demonstriert das Assoziationsregel-Mining. Kapitel 6 befasst sich eingehender mit der Clusteranalyse. Kapitel 7 befasst sich mit der Link-Analyse. Die Modelle werden anhand geschäftsbezogener Daten demonstriert. Der Stil des Buches ist beschreibend und versucht zu erklären, wie die Methoden funktionieren, mit einigen Zitaten, aber ohne tiefgehende wissenschaftliche Referenzen. Die Datensätze und die Software wurden so ausgewählt, dass sie für jeden Leser, der über einen Computeranschluss verfügt, weithin verfügbar und zugänglich sind.

 This book revolves around the concept of financial risk tolerance and its role in financial markets. Bridging different literatures and reviewing in detail the impact of European regulation on the evolution of risk tolerance assessment, this book discusses the intersection of scholarly research, practitioner experience and current and likely normative developments.In particular, the book focuses on the evolution of the debate on the suitability questionnaire - a key tool introduced with the Markets in Financial Instruments Directive (MiFID) and further developed with MiFID's successor - comparing it with empirical evidence on financial risk tolerance determinants, spanning from sociodemographic to behavioral components and life events. The book also looks at the future evolution of the normative framework post MiFID2 addressing in detail two key trends that are already affecting the way in which risk tolerance is dealt with in European financial markets - sustainable development and fintech and roboadvisory. The book includes an original survey run with financial market experts to assess the perceptions regarding these two trends and includes commentaries by a professional financial advisor on the key topics discussed.

This book encourages insurance companies and regulators to explore offering Islamic insurance to boost the insurance industry in India. The distinctive features of Takaful also make it appealing even to non-Muslims. According to the 2012 World Takaful Report, India has immense potential for Takaful is based on the size of its Muslim population and the growth of its economy. However, it is surprising that Takaful has yet to be introduced in India since it has been offered in non-majority Muslim countries, such as Singapore, Thailand, and Sri Lanka. When the concept and practice of Takaful are examined, it is free from interest, uncertainty, and gambling. These are the main elements prohibited in Islam. However, it has been evidenced that these elements are also banned in teaching other religions believed by the Indians. Given this landscape, this book fills the gap in research on the viability of Takaful in India, focusing on its empirical aspects by examining the perception of Indian insurance operators toward Takaful.

Wir leben in einer sich schnell andernden Zeit: Unternehmen mussen sich zunehmend mit der turbulenten Umwelt beschaftigen, um langfristig erfolgreich zu sein. Dieses Buch richtet sich an Unternehmen jeder Form und Groe. Es soll helfen, Krisen fruhzeitig zu erkennen, damit rechtzeitig - ohne unter Handlungsdruck schwerwiegende Entscheidungen zu treffen - reagiert werden kann. Turnaround-Chancen hangen in erster Linie von einer rechtzeitigen Krisenerkennung ab. In der Praxis entdeckt die Geschaftsfuhrung eine Krise meist erst in der letzten Phase: der Liquiditatskrise. Die fruhzeitige Krisenerkennung ist eine Forderung des KonTraG (seit 1999) und StaRUG (seit 2021) an die Geschaftsfuhrung. Neben diesen gesetzlichen Forderungen ist die Implementierung eines Fruhwarnsystems okonomisch sinnvoll und ein strategischer Erfolgsfaktor in der schnelllebigen VUKA-Welt.