Managerial perception and assessment of catastrophic supply chain risks

An Empirical Study

Business & Finance, Management & Leadership, Management
Cover of the book Managerial perception and assessment of catastrophic supply chain risks by Simon Barth, GRIN Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Simon Barth ISBN: 9783640799015
Publisher: GRIN Publishing Publication: January 14, 2011
Imprint: GRIN Publishing Language: English
Author: Simon Barth
ISBN: 9783640799015
Publisher: GRIN Publishing
Publication: January 14, 2011
Imprint: GRIN Publishing
Language: English

Master's Thesis from the year 2010 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, Maastricht University, language: English, abstract: Purpose - Catastrophic supply chain risks can have severe effects on companies' supply chains. Still, previous supply chain risk management research has predominantly focused on operational risks. The purpose of this study is to explore the construct of managerial risk perception and the assessment stage of catastrophic supply chain risks. Design/methodology/approach - A risky decision making model for catastrophic supply chain risks was applied in an explorative multiple case study approach. Interviews served as the main source for information. Findings - The degree of supply chain integration was found to be a prime determinant of the potential damage caused by disruptions due to catastrophic supply chain risks. The frequency of catastrophic supply chain events seems to be influenced to some degree by the number of suppliers. It is suggested that managerial perception of catastrophic supply chain risks is formed by the degree of potential damage and past exposure to catastrophic supply chain events. Several barriers to the assessment of catastrophic supply chain risks, such as missing top management priority, low supply chain risk management maturity and lack of obvious return were identified. A combination of 'softer' supply chain risk assessment methods, expert opinions and simulation techniques have been identified to be useful to assess catastrophic supply chain risks. Originality/ value - This explorative research provides first insights into the construct of managerial risk perception in the context of catastrophic supply chain risks. Further it identifies useful risk assessment tools and techniques for catastrophic supply chain risks, based on both supply chain risk management research and catastrophe research. Key words Supply chain risk management, risk assessment, catastrophic risks, low-probability high-consequence risks, risk perception, managerial risk perception.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Master's Thesis from the year 2010 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, Maastricht University, language: English, abstract: Purpose - Catastrophic supply chain risks can have severe effects on companies' supply chains. Still, previous supply chain risk management research has predominantly focused on operational risks. The purpose of this study is to explore the construct of managerial risk perception and the assessment stage of catastrophic supply chain risks. Design/methodology/approach - A risky decision making model for catastrophic supply chain risks was applied in an explorative multiple case study approach. Interviews served as the main source for information. Findings - The degree of supply chain integration was found to be a prime determinant of the potential damage caused by disruptions due to catastrophic supply chain risks. The frequency of catastrophic supply chain events seems to be influenced to some degree by the number of suppliers. It is suggested that managerial perception of catastrophic supply chain risks is formed by the degree of potential damage and past exposure to catastrophic supply chain events. Several barriers to the assessment of catastrophic supply chain risks, such as missing top management priority, low supply chain risk management maturity and lack of obvious return were identified. A combination of 'softer' supply chain risk assessment methods, expert opinions and simulation techniques have been identified to be useful to assess catastrophic supply chain risks. Originality/ value - This explorative research provides first insights into the construct of managerial risk perception in the context of catastrophic supply chain risks. Further it identifies useful risk assessment tools and techniques for catastrophic supply chain risks, based on both supply chain risk management research and catastrophe research. Key words Supply chain risk management, risk assessment, catastrophic risks, low-probability high-consequence risks, risk perception, managerial risk perception.

More books from GRIN Publishing

Cover of the book On few similarities in Plato and Talmud by Simon Barth
Cover of the book The English Reformation by Simon Barth
Cover of the book Ownership Structure as a Determinant of Capital Structure - An Empirical Study of DAX Companies by Simon Barth
Cover of the book Characteristics, Strategies and Aspects of Hedge Funds by Simon Barth
Cover of the book The European social dialogue on sectoral level: transport by Simon Barth
Cover of the book Mergers and Acquisitions (M&As) in the Banking Sector by Simon Barth
Cover of the book Achievements and shortcomings of international criminal tribunal for Rwanda by Simon Barth
Cover of the book The EMU and the ECB - How does the Eurosystem work by Simon Barth
Cover of the book Action against the pollution of the seas by oil by Simon Barth
Cover of the book Robert Louis Stevenson's 'The Strange Case of Dr. Jekyll and Mr Hyde': A Geography of the Human Mind by Simon Barth
Cover of the book Wilde Kinder. Anthropologische Untersuchung von Kindern in außergewöhnlichen Lebensumwelten by Simon Barth
Cover of the book EVA as the best financial performance measure: the theory of reality by Simon Barth
Cover of the book The mime and the clown - or Samuel Beckett as comedian by Simon Barth
Cover of the book The Foreign Policy of the Federal Republic of Germany: Still a Civilian Power? by Simon Barth
Cover of the book Why the Hunts' marriage is not perfect - or why Gilman created this kind of partnership in the mystery novel 'Unpunished' by Simon Barth
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy