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The six ways of dealing with risk

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Avoid, Reduce, Transfer and Retain or Accept are the classic four ways of dealing with risk in a risk matrix. However, there are two more: Exploit and Ignore.

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Enterprise-wide Risk Management

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DeLoach has a refreshing new approach to risk management that is is cross-functional, integrated and adaptable in the face of constant change, simply because traditional risk management approaches are no longer adequate

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ARTICLES and PAPERS
Committed Americans and Trusting Germans
Obviously, selecting the right third-party logistics provider (3PL) for your supply chain is an impo[...]
Pork Barrel spending?
Why is it that some infrastructure projects in sparsely populated regions of Norway receive more fun[...]
BOOKS and BOOK CHAPTERS
Book Review: Single Point of Failure
Just out a few days ago, Single Point of Failure is a fascinating read. The author, Gary S. Lynch, i[...]
Business Continuity in Global Supply Chains
Business Continuity is a crucial ingredient of supply chain management. At the same time, implementi[...]
REPORTS and WHITEPAPERS
Managing supply chain risk
In September and October 2009 the Economist Intelligence Unit surveyed 500 company executives with r[...]
Vulnerable or valuable supply chain?
More than a year old now, but still holding not so few words of wisdom is the Pricewaterhouse Cooper[...]
from HERE and THERE
The IRM Risk Management Standard
The Institute of Risk Management (IRM) is risk management's leading international professional educa[...]
MFworks Tutorial
MFworks has evolved from MAPFactory, originally designed by C. Dana Tomlin, the father of map alge[...]