Risk-aware organizational design



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.


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.

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