GAFM Articles

The Dimensions of Risk (December 2006) | Risk Management
by Michael Vincent

During the eighties the world passed to the young and bypassed the old. The definition of young and old in today's world is probably around forty. On the other hand because of anti discrimination legislation we are in the process of phasing out the compulsion of retirement ...[ Read More ]

The Dimensions of Risk Management - Risk Art 5 (December 2006) | Risk Management
by Michael Vincent

Because of the pressures of the modern market place, managers are being forced either by the shareholders or by government action to develop and implement business systems which identify and attempt to manage the various risks being faced by the organisation. Today’s business environment requires organisations to be “good corporate citizens”, with stakeholders having specific rights under legislation. ...[ Read More ]

The Dimensions of Risk Management - August 1998 (December 2006) | Risk Management
by Michael Vincent

Risk is an event or occurrence that can have a negative impact on the business. This impact can occur in many ways from a financial deficiency through the spectrum to legal issues. ...[ Read More ]

The Dimensions of Risk Management -August (December 2006) | Risk Management
by Michael Vincent

This is a fertile area for the identification and management of risk in all its facets. Len Parson has been a worker in local government for many years and is undertaking the course in risk management, he has chosen for his project an examination of a typical local government establishment and sought to prove that risk management can be used by management as a tool to ensure the overall protection of the corporate earnings, resources, assets and personnel. ...[ Read More ]

The Dimensions of Risk - December 1998 (December 2006) | Risk Management
by Michael Vincent

A successful risk manager will look at the business environment, the economic situation within the environment, the international environment and how that will impact on the firm. They will also look at the legal aspects appropriate to their needs and have a good understanding of the role of politics within the decision making environment. In order to set in place a working framework for risk manager they also need to understand the organisation and physical environment and have a good grasp on human behaviour. ...[ Read More ]