Purpose – The purpose of this paper is to review published approaches to supply chain risk management, to include identification and classification of types of risks, cases, and models. Specific aspects of risk in supply chains involving China are also addressed. Design/methodology/approach – Literature review provides sources which are synthesized. Findings – A generic framework is identified,...

Enterprise Risk Management (ERM) has become one of the most essential subjects in business management. This paper establishes how risk modeling can be applied to supply chain management, specifically to supply portfolio procurement decisions of a firm. In a single period setting, parts can be procured via traditional forward contracts, option contracts or spot purchases. Customer demand and spo...

This paper investigates the role of the board in monitoring corporate risk. Proponents of riskrelated governance structures such risk committees or Enterprise Risk Management (ERM) programs contend that risk monitoring adds value by ensuring that corporate risks are managed. An alternative view is that such governance structures are nothing more than window-dressing in response to regulatory or...

In recent years, Risk Management in respect of Enterprise-Wide Risk Management (EWRM) has become more important and highly critical to major corporations worldwide including Malaysia. In fact, it is interesting to note that when the Government of Malaysia passed the Code of Corporate Governance in the year 2000, most of the Public Limited Companies (PLCs) in Malaysia was struggling to implement...

The growing importance of enterprise risk management and the resulting integration efforts put the need for separate IT risk management frameworks in question. In this research we analyse common and distinct elements of the COSO enterprise risk management and ISACA Risk IT frameworks. The analysis affirms the hypothesis that separate IT risk management frameworks are redundant.

Organizations in virtually every industry are facing unprecedented pressures from many external forces. In an environment characterized by more regulatory mandates, more customer demands for better products and services, and an accelerated pace of technological change, some executive teams are turning to enterprise architecture (EA) to help their organizations better leverage their IT investmen...

Organizational agility is one of the top management concerns as organizations face today increasingly changing environments. Among enterprise architecture (EA) benefits, organizational agility has been claimed as one of them, perceived as a direct or indirect benefit, for example, through business-IT alignment, another top management concern. However, even with reasonable explanations in the EA...

We present Scenario Planning Advisor (SPA), that takes as input the relevant news and social media trends that characterize the current situation, as well as the domain knowledge and generates multiple plans explaining the observations and projecting future states. The resulting plans are clustered and summarized to generate the scenarios for use in scenario planning for enterprise risk managem...