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 Deception and villainy in Shakespeare's 'Much ado about nothing' by Simon Barth
Cover of the book Basil Markesinis: Leading the way to a 'new ius europaeum' - A review and appraisal of the Europeanization of Private Law by Simon Barth
Cover of the book Compounding - the general structure of compounds and their most striking features by Simon Barth
Cover of the book Integration or Separation? by Simon Barth
Cover of the book Who Moved My Cheese? by Simon Barth
Cover of the book Marketing Concept for the Friedrich Naumann Foundation on the Example of the Regional Office in Johannesburg, RSA by Simon Barth
Cover of the book Religion and Transcendence in James Joyce's 'Ulysses' by Simon Barth
Cover of the book International migration during the 19th century by Simon Barth
Cover of the book Michael Porter's Competitive Advantage Theory: Focus Strategy for SMEs by Simon Barth
Cover of the book The Holocaust - A Literary Inspiration? by Simon Barth
Cover of the book The present and the future of the Ukrainian economy by Simon Barth
Cover of the book On Consequentialism by Simon Barth
Cover of the book Alfred Schopf's account of the past tense on the basis of Reichenbach's theory by Simon Barth
Cover of the book The European Convention on Human Rights and its Case Law in Relation to the Deportation of Aliens by Simon Barth
Cover of the book Cardiovascular Disease 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