Operational Risk Management in a Retail Company

Management Economics in a Large Retail Company

W use unique data from 245 stores of a UK retailer to study links among middle (store) manager skills, sales, and manager pay. We find that, of the six management practice areas surveyed, the most important is “commercial awareness,” where abler managers achieve up to 13.9% higher sales per worker. We find that many stores have poor managers on this indicator. However, the company is careful to...

Risk Management in an Asset Management Company: a practical case

Extremes in operational risk management

Operational risk is defined as a consequence of critical contingencies most of which are quantitative in nature and many questions regarding economic capital allocation for operational risk continue to be open. Existing quantitative models that compute the value at risk for market and credit risk do not take into account operational risk. They also make various assumptions about ’normality’ and...

Understanding Risk Management in Emerging Retail Payments

lectronic checks, cell phones, and speed-through lanes at toll booths are just a few examples of new payment methods recently introduced to the market. Based on computer technology, online commerce, and telecommunications, these new payment methods rely on electronics for most or all of their functions. Many products based on these methods have failed, some have struggled to grow, and a few hav...

ergonomics risk management in a manufacturing company using electre

results the total art score was equal to 30.07 ± 12.43. data analysis from art illustrated that 74.6% of 240 cases were in high and 13.8% were in medium level of risk. art-electre results revealed that grading and pars naghsh halls were in the best and decoration hall was in the worst ergonomic conditions and should be placed in the top priority of action level. background in this paper, the er...