How Can Every Organization Manage the Operational Risk?

This article describe how every organization (generally) and Australian Organizations (specifically) can manage the operational risks. Recently, the operational risks are the significant issues in every organization because every organization will suffer from poor operational performance due to risks, failure, and problems such as a number of losses which are likely to be made worse. Basically, the operational risk management process has five steps, identification, analysis, treatment, controlling, and communication/consulting. Generally, many organizations (in particularly in Australia and New Zealand) have already used AS/NZS 4360-Risk Management System, AS/NZS 4801-Occupational Health and Safety Management System, ISO 14001: Effective Environmental Management System, ISO 9001: Quality Management System, AS/NZS 7799: Information Security Management, AS/NZS 3806: Compliance Management System for reducing/mitigating/managing the operational risks. Based on the SAI Certification Register, the number of Australian Organizations got the AS/NZS ISO 9000 series, AS/NZS 14000 series, AS/NZS 4801 and AS/NZS 7799.2:2000 Certifications are 3338, 30, 20 and 5 respectively. It can conclude that Australian Organizations prefer used AS/NZS ISO 9000 series rather than AS/NZS ISO 14000 series, AS/NZS 4801 and AS/NZS 7799.2:2000

Promoting competitiveness in South African agriculture and agribusiness: The role of institutions

This paper considers private and public institutions that will help promote the competitiveness of commercial farms and agribusiness firms, and enhance the productivity of communal farmers and the competitiveness of emerging farmers in South Africa. Commercial agriculture and agribusiness are creating institutions (such as food safety standards and strategic partnerships), adopting existing private and public institutions (e.g. TQM, ISO 9000 and HACCP) or restructuring to add value to products and services, reduce costs and gain access to export markets. Government should focus its relatively scarce resources on providing physical and legal infrastructure (such as secure property rights and contract enforcement) to reduce transaction costs, including risk, so that markets work efficiently. A major challenge for local agricultural economists is to provide information about institutions that will promote the productive use of land in communal areas, and the competitiveness of emerging farmers on redistributed commercial farmland.Agribusiness, International Relations/Trade,

Mediating effect of management information system on the relationship of warehouse attributes and its efficiency in Malaysia’s small and medium enterprises

This dissertation studies the relationship between the influential warehouse efficiency and warehousing attributes (operations, Human Capital Management or HCM, and layout), applied by the Small-Medium Enterprises (SMEs) manufacturing firms in Malaysia. These perspective research objectives are to determine whether there is any relationship between the warehousing attributes, warehouse efficiency, and warehousing Management Information System (MIS). It also examines the mediating effect of warehousing MIS in the relationship between warehousing attributes and warehouse efficiency. A quantitative method approach is applied in this research methodology. Nine hypotheses have been proposed for the research with data collected from the survey of 182 SME manufacturing firm owners in Malaysia as listed in the SME Directory 2009. The findings indicate that the warehousing MIS significantly mediates and has an effect on the warehousing attributes and their relationship with warehouse efficiency in the SME manufacturing firms. Theoretically, the research contributes to the growth development of the warehouse efficiency theories. Practically it could facilitate the owners or warehouse managers of the manufacturing firms in making the right management decisions regarding warehousing. For future research, the study recommends further exploration into the areas of security, environment, safety and health, waste management, and integrated system (International Standards Organisation or better known as ISO 9000, ISO 14000, and ISO 18000). As a conclusion, this study provides new knowledge and important insights of warehousing attributes that will benefit manufacturing firms and other related industries, particularly for SMEs in Malaysi

DETERMINANTS OF ISO 9000 ACCREDITATION AND VALUE RELEVANCE IN MALAYSIAN PROPERTY SECTOR

The purpose of this paper is to examine the determinants of the ISO 9000 accreditation and value relevance in the Malaysian Property Sector. Using the property sector as the sample, an analysis is done on the characteristics of firms awarded with ISO 9000 accreditation and those with no accreditation from the same sector. Firms are categorized into two; ISO accredited and non ISO accredited, to gauge whether there are differences in the characteristics of firms in both categorized samples. Four characteristics; firm’s size, leverage, performance and maturity of firm are examined using the Logit analysis on data taken from 2009 annual reports. This paper is also to examine the factors that affect the value relevance of the company. Five variables; size, leverage performance, ISO 9000 accreditation and maturity of firm are examined using ordinary least square analysis on the same dataISO 9000, property sector, value relevance

Governing Through Standards: Networks, Failure and Auditing

This article seeks to understand network governance within the context of the North American automotive industry. Within this industry, original equipment manufacturers (lead firms) have outsourced a substantial portion of parts production over the last 30 years. This paper argues that in an aim to govern their supplier relations, North American lead firms imposed quality assurance standards upon their suppliers. In addition, this paper considers how nodes situated in the network are called upon to pre-emptively manage failures. Utilizing the quality assurance standards themselves, and 15 in-depth interviews with quality assurance managers at different part supplier plants, this article explores the technologies of performance used to manage failures. The focus of this paper is on the creation of part narratives, and particularly, the quality audit and its role in governing the conduct of part suppliers at-a-distance. Lastly, this paper focuses on the network prudential subject who is called upon to pre-emptively manage failures on behalf of the network.Apparatus, Networks, Standards, Failure, Auditing

Definition and Validation of a Business IT Alignment Method for Enterprise Governance Improvement in the Context of Processes Based Organizations

These days, it is remarkable to note the growing of interest in professional responsibility. Specifically, the responsibility a person commits to when he or she performs a task. Based on a review of research currently performed in the field of policy (from corporate to technical ones), we observe that the perception of responsibility has often been limited to a combination of rights and obligations. In addition, we are seeing a re-emergence in business (for example, in the financial sector) of a belief that business ethics foundation can be improved and that a renewed focus in this area would help to prevent future breakdowns in the system. With regard to improving business/IT alignment and corporate ICT governance, it becomes increasingly important to define a commonly accepted personal responsibility model that embodies important and well-known concepts like accountability, capability and commitment. Moreover, because responsibility constitutes a fundamental notion of management theory, it is likewise identified as a meaningful bridge toward organizational artifacts. Exploiting process-based approach to define policy seems to offer new research opportunities since process-based organization becomes a continuous widely spread structure.ICT Governance, Responsibility model, Capability, Accountability, Commitment.

The Impact of ISO 9000 Diffusion on Trade and FDI: A New Institutional Analysis

The effects of ISO 9000 diffusion on trade and FDI have gone understudied. We employ panel data reported by OECD nations over the 1995-2002 period to estimate the impact of ISO adoptions on country-pair economic relations. We find ISO diffusion to have no effect in developed nations, but to positively pull FDI (i.e., enhancing inward FDI) and positively push trade (i.e., enhancing exports) in developing nations

City indicators : now to Nanjing

This paper provides the key elements to develop an integrated approach for measuring and monitoring city performance globally. The paper reviews the role of cities and why indicators are important. Then it discusses past approaches to city indicators and the systems developed to date, including the World Bank's initiatives. After identifying the strengths and weaknesses of past experiences, it discusses the characteristics of optimal indicators. The paper concludes with a proposed plan to develop standardized indicators that emphasize the importance of indicators that are measurable, replicable, potentially predictive, and most important, consistent and comparable over time and across cities. As an innovative characteristic, the paper includes subjective measures in city indicators, such as well-being, happy citizens, and trust.Cultural Policy,City Development Strategies,Cultural Heritage&Preservation,ICT Policy and Strategies,Housing&Human Habitats

Cooperatives Quality: evidence from Greece

The study of the role and contribution of ISO 9000 QMS to the corporate strategic development and organisational change and performance improvement of the Greek Agrocoops, as well as the identification and analysis of the drivers and constraints of this system’s effective implementation and efficient use has and/or should have been the subject of increased attention in recent times, as the majority of these organisations face increasing financial and business operating problems over the last three decades, as it was identified in a collective work of Papageorgiou et al, published in “Syneteristiki Poreia” (volumes of years 2000-2003) and the re-configuration of their organisational practices and activities, referring to any management system adapted and applied – e.g. the ISO 9000 QMS, is considered a must for their business survival in the words of Arvanitoyiannis (2001). As a result of the aforementioned facts and due to his current professional status, the researcher decided to focus his DBA research on issues relating to the role and contribution of the quality management systems - and more particularly of the ISO 9000 Quality Management Systems - to the achievement of Greek Agricultural Cooperatives’ corporate strategic goals and organisational performance improvement through the improvement of their business processes. The critical examination of the ISO 9000 – QualityManagement Systems’ implementation process and use purpose by the Agricultural Cooperatives sector in Greece is the broad and general Topic of my Doctorate Research. It is mainly connected with the following two current issues: - on one hand, with the reanimation of the ongoing dialogue and debate concerning the perspectives of the Agricultural Cooperatives in Greece and the future status of the 15% of the country’s active population, which is occupied in the broader agricultural sector (Bank of Greece, 2002), and - on the other hand, with the ever increasing public concern, interest and demand for safer, healthier and quality enhanced food products and services all over the world (ICAP, 2002 and Arvanitoyiannis, 2000)