Risk-aware organizational design
RIS ID
84894
Abstract
Operational risk is an important, complex, and difficult, criterion to consider during any form of organizational decision making. In practice (1) complexity typically arises from: the use of a variety of risk related indicators; the use of multiple heterogeneous measurement scales; measurement uncertainty; varying levels of measurement precision; and, the widespread effect of each measurement; (2) difficulties arise due to the: time bound nature of the decision making process; and, the availability and interpretation of risk-related measurements. To help address these issues, we propose a conceptual framework to support and minimize the level of analyst involvement during the management of operational risk specified in organizational models. This is achieved by propagating/analyzing risk-related evaluations across descriptions of distributed, inter-dependant and mission critical work activities.
Publication Details
Koliadis, G. & Ghose, A. K. (2009). Risk-aware organizational design. In S. Sadiq, M. Indulska, M. Z. Muehlen, E. Dubois & P. Johannesson (Eds.), Proceedings of the Second International Workshop on Governance, Risk and Compliance CEUR Workshop Proceedings (pp. 1-14). Germany: Rheinisch-Westfaelische Technische Hochschule Aachen.