scholarly journals Risk Management in Seaports: A Community Analysis at the Port of Hamburg

2021 ◽  
Vol 13 (14) ◽  
pp. 8035
Author(s):  
Ayman Nagi ◽  
Meike Schroeder ◽  
Wolfgang Kersten
Keyword(s):  
Risk Management ◽  
Natural Disasters ◽  
Secondary Data ◽  
Community Analysis ◽  
Detection Algorithm ◽  
Structured Interviews ◽  
Emergency Plans ◽  
Plausibility Check ◽  
Safety Risks ◽  
Community Detection Algorithm

The aim of this work is to detect communities of stakeholders at the port of Hamburg regarding their communication intensity in activities related to risk management. An exploratory mixed-method design is chosen as a methodology based on a compact survey and semi-structured interviews, as well as secondary data. A compact survey at the port of Hamburg is utilized to address the communication intensity values among stakeholders. Based on 28 full responses, the data is extracted, cleansed, and prepared for the network analysis using the software “Gephi”. Thereafter, the Louvain community detection algorithm is used to extract the communities from the network. A plausibility check is carried out using 15 semi-structured interviews and secondary data to verify and refine the results of the community analysis. The results have revealed different communities for the following risk categories: (a) natural disasters and (b) operational and safety risks. The focus of cooperation is on the reactive process and emergency plans. For instance, emergency plans play an important role in the handling of natural disasters such as floods or extreme winds.

scholarly journals Towards understanding enabling environments for good practices in disaster risk management: an analysis of critical junctures in Manizales, Colombia

2021 ◽  
pp. 095624782110088
Author(s):  
Julia Wesely
Keyword(s):  
Risk Management ◽  
Service Providers ◽  
Participant Observation ◽  
Good Practice ◽  
Secondary Data ◽  
Disaster Risk ◽  
Disaster Risk Management ◽  
Structured Interviews ◽  
Critical Juncture ◽  
Good Practices

The city of Manizales in Colombia has been widely recognized as a good practice case in disaster risk management (DRM). Previous research has sought to amplify learning from Manizales through examining the characteristics of its innovative practices. These are championed by an inter-institutional alliance that includes academia, the local government, the regional environmental authority and service providers. This paper argues that this learning needs to be accompanied by a nuanced understanding of the historical trajectories that have allowed Manizales to create and consolidate its current enabling environment for DRM. The argument derives from an analysis of fieldwork data, including semi-structured interviews, participant observation and secondary data, through a critical juncture approach. Focusing on the critical juncture of seasonal heavy rains in 2003, the paper illustrates how institutional changes configured cultural–cognitive, regulatory and normative conditions for the emergence of one of Manizales’ most recognized good practices, the Guardians of the Slope programme.

scholarly journals Risk Management of Mice Tourism in XYZ Firm During the Covid-19 Pandemic

2021 ◽  
Vol 1 (5) ◽  
pp. 74-83
Author(s):  
Jason Tan ◽  
Aldi Ardilo
Keyword(s):  
Risk Management ◽  
Secondary Data ◽  
Tourism Industry ◽  
Primary Data ◽  
Structured Interviews ◽  
Global Pandemic ◽  
Difficult Time ◽  
Tourism Sector ◽  
Qualitative Descriptive ◽  
Mice Tourism

This paper explores the implementation of risk management maturity of MICE tourism-sector organisations in XYZ firm which located in Indonesia, precisely in Bandung City, which has a population of 2.510.103 people. The research used a qualitative-descriptive design in the form of a case study at XYZ firm. This study uses primary data and secondary data as supplementary. Primary data was collected by conducting semi-structured interviews with subjects whose roles and functions are relevant to facilitating XYZ firm's strategic initiatives and programs. The findings indicate that XYZ firm was at the initial level in implementing risk management which positively corresponds with its resilience and sustainability—XYZ had a difficult time bouncing back, surviving, and thriving this global pandemic. The results of this research may assist decision-makers on the importance and the dynamics of risk management implementation, particularly for the MICE tourism industry in Indonesia.

scholarly journals Integrating power-to-gas in the biogas value chain: analysis of stakeholder perception and risk governance requirements

2019 ◽  
Vol 9 (1) ◽  
Author(s):  
Johanny Pestalozzi ◽  
Claudia Bieling ◽  
Dirk Scheer ◽  
Cordula Kropp
Keyword(s):  
Risk Management ◽  
Value Chain ◽  
Financial Incentives ◽  
Cultural Theory ◽  
Management Strategies ◽  
Risk Tolerance ◽  
Risk Governance ◽  
Structured Interviews ◽  
Safety Risks ◽  
Power To Gas

Abstract Background When integrating power-to-gas (PtG) in the biogas sector (BGS), it is essential to consider how risk is perceived and handled since it influences technology uptake, acceptance, and legitimacy. In this study, we aimed to identify factors that determine how risks are managed in the BGS grounded on stakeholders’ perceptions of environmental and safety risks, and the socio-political, technological, and economic challenges associated with the adoption of PtG in this industry. Methods Semi-structured interviews were conducted with 27 experts located throughout Germany. They represented relevant institutions associated with the development of the BGS and PtG. Participants included expert stakeholders from science, industry, associations, and politics. The interview data were assessed by the use of thematic qualitative text analysis, followed by inductive reasoning, based on holistic and axial coding of the transcribed interviews. Results The participants predominantly trusted existing regulations to ascertain that environmental and safety risks from this energy concept are under control. The expert stakeholders were convinced that except for farm-based biogas facilities, there is adequate know-how in the BGS to appropriately manage risks of biogas and PtG technologies and thus prevent potential negative externalities. Furthermore, they were inclined to identify socio-political challenges, such as public criticism of biogas, and missing financial incentives as the most relevant matters to the development and adoption of PtG in this sector. The interviewees mainly identified politicians as responsible actors to handle identified risks and challenges. Such risk rationalities are characterized as hierarchist in the cultural theory of risk perception. Conclusions Possible reasons behind the prevailing high level of risk tolerance among the participants of this study could be related to (1) strong reliance on governmental action, technical protocols, and the perception that others are responsible for risk management in the BGS; (2) a high confidence in expertise in the biogas industry to control risks; and (3) the tendency of experts to advocate biogas and PtG, linked to possible professional roles and motivational factors. These aspects may influence them to attenuate the urgency to prevent accidents and environmental risks, even if this can have undesirable consequences when incorporating PtG in the biogas industry. While critical environmental and safety risks are not acknowledged and adequately tackled, societal controversies may accentuate to the disadvantage of the BGS and the potential benefits linked to the integration of PtG in this field. We recommend implementing measures that enhance risk awareness within this community, urge interest groups to adopt collaborative risk management strategies and consider the involvement of multiple stakeholders in risk assessment and control, and likewise, address the particularities of the social context in defining strategies for risk management and communication.

scholarly journals Effect of Diversification on Portfolio Risk Management at Rwanda Social Security Board

2017 ◽  
Vol 1 (1) ◽  
pp. 16
Author(s):  
Jean Bosco Harelimana
Keyword(s):  
Risk Management ◽  
Social Security ◽  
Mutual Fund ◽  
Pearson Correlation ◽  
Secondary Data ◽  
Strong Relationship ◽  
Portfolio Risk ◽  
Structured Interviews ◽  
Structured Questionnaire ◽  
Portfolio Risk Management

The study was conducted to analyze the effect of diversification on portfolio risk management at Rwanda Social Security Board (RSSB). Both primary and secondary data were collected under this study in order to capture the total variation of the two variables. A sample of 84 respondents out of 124 was selected using Solvins formula to respond the structured questionnaire and structured interviews. After coding and editing the data was analyzed using SPSS where the overall mean and deviation was used to observe the perception from respondents. The researcher found there was a significance strong relationship between diversification of portfolio on portfolio risk management at RSSB where the Pearson correlation coefficient was found to be 0.964. However, recommendations given focusing on improvement of international diversification to reduce its portfolio risk, to reduce risks through the purchase of a mutual fund and should not directly invest in securities with maturities greater than the limits imposed by investment policy.

scholarly journals Studies to Understand The Importance of Risk Management in a Construction Project Procurement During Unprecedented Times

2021 ◽  
Vol 10 (4) ◽  
pp. 106-111
Author(s):  
Ishwarya P ◽  
Joseph V Thanikal ◽  
Subendu Prasad Misra ◽  
Mohd. Suhail Khan
Keyword(s):  
Risk Management ◽  
Data Collection ◽  
Natural Disasters ◽  
Construction Industry ◽  
Secondary Data ◽  
Literature Survey ◽  
Management Process ◽  
Risk Management Process ◽  
The Government ◽  
Project Procurement

Risk management is very vital in the construction industry as the industry is full of uncertainties. Every organization follows a risk management process in their projects especially if a project is complex and has a lot of technicalities, but the method of practice may differ in every organization and how importantly used in projects. The COVID-19 lockdown has created serious impacts on the supply chains of the industry. Hence, the study aimed to establish the importance of risk management in the procurement systems by assessing the impacts due to the pandemic lockdown. The data collection was limited in accessing the industry due to the guidelines issued by the government. The study used secondary data collection through a literature survey and a questionnaire survey. The identified risks were qualitatively analyzed using descriptive scales of likely hood and impact. This study has established the importance of risk management in procurement systems and the importance of risk management during natural disasters and other uncertain times. At times when everything comes to a halt and no movement is allowed, it’s important to be prepared to save a business from downfall, in case of situations like COVID19 and to mitigate project-specific risks

scholarly journals Overlapping Community Detection Based on Attribute Augmented Graph

Entropy ◽  
2021 ◽  
Vol 23 (6) ◽  
pp. 680
Author(s):  
Hanyang Lin ◽  
Yongzhao Zhan ◽  
Zizheng Zhao ◽  
Yuzhong Chen ◽  
Chen Dong
Keyword(s):  
Community Detection ◽  
Real World ◽  
Detection Algorithm ◽  
Overlapping Community Detection ◽  
Overlapping Communities ◽  
Adjustment Strategy ◽  
Topology Information ◽  
Overlapping Community ◽  
Real World Datasets ◽  
Community Detection Algorithm

There is a wealth of information in real-world social networks. In addition to the topology information, the vertices or edges of a social network often have attributes, with many of the overlapping vertices belonging to several communities simultaneously. It is challenging to fully utilize the additional attribute information to detect overlapping communities. In this paper, we first propose an overlapping community detection algorithm based on an augmented attribute graph. An improved weight adjustment strategy for attributes is embedded in the algorithm to help detect overlapping communities more accurately. Second, we enhance the algorithm to automatically determine the number of communities by a node-density-based fuzzy k-medoids process. Extensive experiments on both synthetic and real-world datasets demonstrate that the proposed algorithms can effectively detect overlapping communities with fewer parameters compared to the baseline methods.

scholarly journals Secondary Data Usage in Direct-to-Consumer Genetic Testing: To What Extent Are Customers Aware and Concerned?

2021 ◽  
pp. 1-8
Author(s):  
Janessa Mladucky ◽  
Bonnie Baty ◽  
Jeffrey Botkin ◽  
Rebecca Anderson
Keyword(s):  
Genetic Testing ◽  
Secondary Data ◽  
Structured Interviews ◽  
Customer Data ◽  
Secondary Use ◽  
Data Usage ◽  
Direct To Consumer ◽  
New Information ◽  
Opt Out ◽  
Potential Risks

Introduction: Customer data from direct-to-consumer genetic testing (DTC GT) are often used for secondary purposes beyond providing the customer with test results. Objective: The goals of this study were to determine customer knowledge of secondary uses of data, to understand their perception of risks associated with these uses, and to determine the extent of customer concerns about privacy. Methods: Twenty DTC GT customers were interviewed about their experiences. The semi-structured interviews were transcribed, coded, and analyzed for common themes. Results: Most participants were aware of some secondary uses of data. All participants felt that data usage for research was acceptable, but acceptability for non-research purposes varied across participants. The majority of participants were aware of the existence of a privacy policy, but few read the majority of the privacy statement. When previously unconsidered uses of data were discussed, some participants expressed concern over privacy protections for their data. Conclusion: When exposed to new information on secondary uses of data, customers express concerns and a desire to improve consent with transparency, more opt-out options, improved readability, and more information on future uses and potential risks from direct-to-consumer companies. Effective ways to improve readership about the secondary use, risk of use, and protection of customer data should be investigated and the findings implemented by DTC companies to protect public trust in these practices.

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