Creative Conservation Risk Management

PurposeThe purpose of this paper is to identify the perceptions of farmers on the major sources of risk and to examine the effectiveness of the risk management responses of rural smallholder farm households in the semi-arid region of Northern Ghana from the socioeconomic perspective.Design/methodology/approachBoth descriptive statistics and exploratory factor analysis were used on a Likert scale question to rank and identify the important risk perceptions and management strategies of the farmers. The linear regression model was used to highlight the significant factors that affect the farmers’ risk perception and management responses.FindingsThe effects of the variations in crop yield, fertiliser prices and crop price on household income were perceived as the three most relevant sources of risk. Stabilising household income by growing different crops, storing feed/seed reserves and spreading sales were the most effective risk management strategies. Factor analysis identified market risk, production risk and human risk as major risk factors whereas diversification, financial strategy, and off-farm employment were perceived as the most effective risk management strategies. Farm and farmer characteristics were found to be significantly associated with risk perceptions and risk management strategies. Risk perceptions significantly increase the risk management strategy adopted by the smallholder rural farmers.Practical implicationsThe findings of the paper call for the integration of farmers’ risk perceptions and management strategies in the development of agricultural policies for the semi-arid regions of Ghana.Originality/valueThis paper deviates from the traditional technology adoption studies by modelling rural household perceptions and management strategies using, using descriptive, factor analyses, and linear regression.

Waging War on Climate Change: Mapping Energy Policies to Their Strategic, Tactical, and Operational Levels

This article examines the use of enterprise risk management (ERM) by companies in Canada, the characteristics that are associated with the use of ERM, what obstacles companies face in implementing ERM, and what role, if any, corporate governance guidelines have played in the decision to adopt ERM. We obtained our data from the responses to a mail survey sent to Canadian Risk and Insurance Management Society members as well as telephone interviews with 19 of the respondents. The results indicate that 31 percent of the sample had adopted ERM and that reasons for adopting ERM include the influence of the risk manager (61 percent), encouragement from the board of directors (51 percent), and compliance with Toronto Stock Exchange (TSE) guidelines (37 percent). The major deterrents to ERM were an organizational structure that discourages ERM and an overall resistance to change. Although only about one‐third of companies indicated that they had adopted an ERM approach, evidence was clear that a larger portion of the sample was moving in that direction, as indicated by what changes they had observed in their companies in the past three years. These include the development of company‐wide guidelines for risk management (45 percent), an increased awareness of nonoperational risks by operational risk management personnel and an increased awareness of operational risks by nonoperational risk management personnel (49 percent), more coordination with different areas responsible for risk management (64 percent), and more involvement and interaction in the decision making of other departments. Contrary to what we expected, there was not a significant difference between firms that are listed on the TSE versus those that are not in terms of the propensity to use ERM. However, the fact that 37 percent of firms indicated that the TSE guidelines were influential in their decision to adopt ERM provides some evidence that the guidelines are influencing companies’ risk management strategies.

To reduce expenses and increase profitability, it becomes increasingly important for credit card service providers to meet the increasing Customer Experience (CX) demands of the market. Businesses are positively influenced by an improved CX and are less likely to switch service providers. Simultaneously, credit card service providers are exposed to a high amount of risk and face continuous changes and re-developments in their service offers. Using Generative AI (G-AI) in Customer Experience Management (CXM) can help to improve the complete customer life-cycle, thus enhancing the business performance and further supporting service providers in their risk management. This work aims to present insights about the overall role of G-AI in CXM research to provide a more profound understanding of what the technology can contribute to CXM in credit card service companies. Four specific areas of action related to G-AI improvements in CXM have been identified: enhancing customer knowledge, creating customer engagement and loyalty, supporting customer relationship management, and improving CX data management. G-AI can sustainably enhance CXM in credit card service companies. The generated insights reveal what actors should take into consideration when deciding to use the technology to assist CXM at both strategic and operational levels. We discuss the benefits and challenges connected to the decision-making process concerning the use of G-AI in businesses and thus derive propositions for future research in the area. To extend the insights, we further combine the G-AI and CXM research areas and thus contribute additional insights with our interdisciplinary work. The insights presented in this work can be used by practitioners from different industries to support intrand interdisciplinary decision-making and strategizing for UXM on the strategical and operational levels.

Technological advancement has exposed companies to various risks. With the adoption of technological infrastructures in many companies, various processes have been rendered vulnerable to different forms of threats. Evidence from the current empirical studies on organizational management indicates effective risk assessment is a crucial aspect in any organization. Global technological advancement has equally redefined risk assessment and management strategies. Global leading technology companies such as Apple Inc., Amazon Inc., and Google are leveraging modern technology to unlock hidden data to aid in risk assessment and management. As evidenced in this research report, the use of big data has revolutionized risk assessment in many companies across the world. Big data technology has enabled organizations to collect, store, and assess huge information to aid in risk assessment and management. The pro-cesses of risk identification, assessment, mitigation, monitoring, and reporting have been redefined due to the adoption of big data analytical technology. As a result, this research reviews the specific roles played by big data in organizational risks management. The research carries out a comparative case study analysis among three companies that utilize big data in risk management. Specifically, the roles of big data technology in risk management at Apple Inc., Amazon Inc., and at Google are identified. Results from this comparative analysis are used in formulating recommendations for various organizations that desire to adopt big data analytical technology in risk management.

Historic Royal Palaces researches and interprets histories of gender and sexuality in the palaces it cares for. Work on LGBTQ (Lesbian, Gay, Bisexual, Trans, and Queer) histories and identities has increased in museums and heritage sites recently. There is a pressing social need for this work, as LGBTQ people continue to experience various kinds of discrimination and prejudice. Evidence suggests that the work of museums and heritage organisations can have a positive impact on LGBTQ lives and rights. There are many examples of queer lives and identities in British royal history, but this paper shows that beyond the ‘usual suspects’ (such as James VI & I and Queen Anne), the histories of courtiers, servants, artists, and designers around the royal court are rewarding areas of study. This paper suggests that material culture studies could be used more effectively, and histories of creative queering of monarchy can inform perceptions of the institution itself.

"Borman, Tracy, (born 1 Jan. 1972), writer and historian, since 2004; Chief Executive, Heritage Education Trust, since 2008; Joint Chief Curator, Historic Royal Palaces, since 2013" published on by Oxford University Press.

Worsley, Lucy, (born 18 Dec. 1973), Chief Curator, Historic Royal Palaces, since 2003

Risk control and management are becoming increasingly important in many organisational operations. It goes beyond the business sector to include security organisations like police departments. The fact that police officers engage in a widerange of daily activities that expose them to a variety of potentially hazardous situations Police risk management includes both physical and financial aspects. Risk identification is the first step in the risk management process, followed by risk analysis, risk evaluation, and risk treatment. According to the literature, the Dubai Police Department has no framework in place to fully manage risks and evaluate the effectiveness of police operations. Early warning systems are critical for detecting potential severe RM because police departments must rely on them to manage risks and keep track of any potential new risks. As a result, the UAE police department's risk management strategy was investigated in this paper. It classified the data collection process using exploratory factor analysis, which wasa quantitative approach. A self-administered survey yielded 381 valid questionnaires from Dubai Police Department officers. The study's findings revealed that risk identification, risk analysis, risk evaluation, and risk response are the four fundamental steps of effective risk management. The Crobach Alpha test was used to assess the consistency and reliability of the data, and the result was 0.814, indicating that the data is suitable for use. Only one of the twenty indicators, which were divided into four groups for risk management, was weak according to outliers and communalities tests. The risk management process was accurately described by another 20 factors. Total variance extraction yielded a rate of 57.130 percent, which was higher than the required 50%. As a result, the risk management procedure investigated in this study may be useful for effectively managing risks in the UAE police force.

El desarrollo del presente trabajo de investigación se enfocó a los aspectos relacionados a una adecuada Gestión de riesgos, como herramienta para minimizar la posibilidad de error que se pueda presentar en las acciones de control, teniendo en cuenta que no se tiene intención de realizar un acto ilícito hasta que se demuestre lo contrario. El presente trabajo de investigación es no experimental porque se obtienen datos directamente de la realidad objeto de estudio, asimismo es descriptivo, luego explicativa y finalmente correlacionada de acuerdo a la finalidad de la investigación. El área de investigación está enmarcada en el control aduanero, estableciendo cómo la gestión de riesgos influye en las acciones realizadas en los puestos de control de la intendencia de Aduana de Tacna, a través del nivel estratégico, nivel táctico y nivel operativo. Así mismo se viene observando la falta de acciones de control por parte de la Intendencia de Aduana, ya que es necesaria la inspección de mercancías a fin de poder controlar el tránsito de bienes de acuerdo a las normativas vigentes, la inmovilización e incautación no tiene un control adecuado por la falta de medidas de seguridad y también las acciones relacionadas al Control Operativo muchas veces no cuentan con el apoyo logístico necesario para la realización de dichas actividades de manera óptima. Por lo que finalmente se llega a la conclusión de que la implementación de una adecuada Gestión de Riesgos influye significativamente en las acciones realizadas en los Puestos de Control de la intendencia de Aduana de Tacna, periodo 2016.

The article provides a comprehensive theoretical and methodological analysis of the essence of debt policy and its role in studying economic processes under increasing macro-financial shocks. In the context of escalating geopolitical instability-particularly the full-scale war against Ukraine the study substantiates the need to reconceptualize debt policy as a strategic instrument for ensuring macroeconomic and fiscal resilience. Based on an extensive review of academic literature, international guidelines and empirical studies, the author emphasizes that “debt policy” and “public debt management” represent different conceptual levels: the former defines long-term strategic objectives and the architecture of debt sustainability, while the latter constitutes an operational function focused on issuance, servicing, refinancing and risk management. Evidence from the IMF, World Bank and BIS demonstrates that effective coordination among debt, fiscal and monetary policies is essential for preventing macro-financial imbalances and avoiding policy dominance regimes. The paper proposes an integrated conceptual model of debt policy structured around three hierarchical levels: the strategic level (long-term sustainability, debt integrity, quantitative benchmarks), the portfolio-composition level (currency structure, internal–external debt ratio, maturity structure), and the operational level (financing tools, restructuring mechanisms, risk-management instruments). Special attention is paid to the challenges of debt fragmentation arising from non-bond commercial liabilities, which undermine transparency and complicate restructuring procedures. The empirical context of wartime Ukraine illustrates that deficit financing through debt amplifies exchange-rate and inflationary pressures, increases dependence on external creditors and creates a long-term fiscal burden. Drawing on these insights, the article develops a post-crisis optimization framework for debt policy comprising three vectors: structural transformation of the debt portfolio, institutional resilience through robust risk-management practices, and fiscal trust supported by enhanced transparency and loan-level disclosure. The study concludes that debt policy functions as a multidimensional system of macroeconomic regulation with the capacity to shape a country’s economic trajectory during crisis periods. Optimizing Ukraine’s debt policy is therefore critical for maintaining long-term solvency, improving the effectiveness of public finance management and ensuring sustainable post-war recovery.

This article analyzes how stakeholder management is applied in the case of special youth guidance homes in Belgium. It describes a specific situation in which a major stakeholder—adolescents in the homes—is part of the process. Our research illustrates the different organizational roles and the complementarities between stakeholder management and participative management. Although stakeholder management is important for strategic decision making, participation is more important on an operational management level. Our cases illustrate that important stakeholders, for example, the customers—the adolescents and their parents—as well as employees in the homes evaluate participation on an operational level as being more important than participation in the board or in strategic management decision making in the organization. By disentangling the distinction between the operational level and the policy level of stakeholder management, our research links participative management and stakeholder management while clarifying the application of stakeholder management in the nonprofit sector.

‘Risk management’ has become big business in the wake of the 2008 financial crisis but it has long been a crucial element of operational leadership for military decision-makers. In this article, Marc Schelhase explores the understanding and application of theories of risk in the military context – and particularly at the operational level – analysing the impact of societal, organisational and personal factors on the conceptualisation and mitigation of risk.

PurposeThis study proposes a conceptual framework for strategically integrating societal marketing (SM) into corporate identity to effectively represent a firm’s SM programs to stakeholders. The framework is crucial for firms to align their SM efforts with their identity in a manner that minimizes, if not eliminating, the accusations of dishonesty, such as greenwashing, brownwashing, or greenhushing.Design/methodology/approachDrawing on corporate identity theory and synthesizing the literature on SM, the study identifies three levels of corporate identity (strategic, operational, and functional) and three dimensions of SM’s alignment with business objectives (direct, indirect, and remote). Subsequently, the study develops a conceptual framework based on an interaction between corporate identity levels (strategic, operational, and functional) and dimensions of SM’s alignment with business objectives (direct, indirect, and remote) to identify strategic windows to represent SM to stakeholders.FindingsThe study identifies nine strategic windows at the strategic, operational, and functional levels of corporate identity to represent a firm’s SM programs to stakeholders. At the strategic level, CSR, corporate citizenship, and sustainability programs may be utilized to represent SM programs to stakeholders when SM respectively aligns with business objectives remotely, indirectly, and directly. At the operational level, environmental safety, stakeholder marketing, and business/marketing ethics programs serve this role. At the functional level, philanthropy, cause-related marketing, and green marketing are identified to represent SM to stakeholders, depending on the respective alignment of SM with business objectives remotely, indirectly, and directly.Research limitations/implicationsThe study implies that firms can minimize corporate misrepresentation of SM programs, especially when diverse stakeholder expectations demand varied representation of SM across levels of corporate identity. Additionally, firms can mitigate stakeholder confusion and misinterpretation by highlighting the differing degrees of alignment between SM and their economic goals when competing firms promote SM programs in the same context.Practical implicationsThe study implies that firms can selectively prioritize different SM programs at different contexts depending on how stakeholders’ expectations are satisfied by the interaction between levels of corporate identity and dimensions of SM.Originality/valueThis paper advances corporate marketing research on corporate identity by proposing strategic windows to integrate SM into corporate identity for effective representation of SM programs to stakeholders.

This paper reviews studies from the past 30 years that use operations research methods to tackle containership routing and scheduling problems at the strategic, tactical, and operational planning levels. These problems are first classified and summarized, with a focus on model formulations, assumptions, and algorithm design. The paper then gives an overview of studies on containership fleet size and mix, alliance strategy, and network design (at the strategic level); frequency determination, fleet deployment, speed optimization, and schedule design (at the tactical level); and container booking and routing and ship rescheduling (at the operational level). The paper further elaborates on the needs of the liner container shipping industry and notes the gap between existing academic studies and industrial practices. Research on containership routing and scheduling lags behind practice, especially in the face of the fast growth of the container shipping industry and the advancement of operations research and computer technology. The purpose of this paper is to stimulate more practically relevant research in this emerging area.