Nowadays organizations are exposed to frequent changes in business environment requiring continuous alignment of business processes on business strategies. This agility requires methods promoted in enterprise engineering approaches. Risk consideration in enterprise engineering is getting important since the business environment is becoming more and more competitive and unpredictable. Business p...

Companies face the challenge to effectively and efficiently perform their business processes as well as to guarantee their continuous operation. To meet the economic requirements, companies predominantly apply business process management concepts. The substantial consideration of robustness and continuity of operations is performed in other domains such as risk or business continuity management...

In this article, through analyzing the change of enterprise marketing mode and the characters of marketing risk in the e-business environment, we establish the 3D embedded random measure model which suits for the e-business enterprise marketing risk, define the combination rules of the risk index system of this model, establish the theoretical base to measure the marketing risk for e-business e...

The economic relevance of IT risk is increasing due to various operational, technical as well as regulatory reasons. Increasing flexibility of business processes and rising dependability on IT require continuous risk assessment, challenging current methods of risk management. Extending these methods by a business process-oriented view is a promising approach for taking the occurring dynamics an...

I study the welfare cost of business cycles in a complete-markets economy where some people are more risk averse than others. Relatively more risk-averse people buy insurance against aggregate risk, and relatively less risk-averse people sell insurance. These trades reduce the welfare cost of business cycles for everyone. Indeed, the least risk-averse people benefit from business cycles. Moreov...

-In this era of fast paced technological advancements, security issues and risks related to it have become a key concern for all organizations. Enterprise Governance, Risk management and Compliance (GRC) is the popular approach to handle enterprise risks and reduce its impact. This paper focuses on the risk management, especially the risk assessment approaches and proposes an aspect oriented ap...

Risk management has become a vital topic both in academia and practice during the past several decades. Most business intelligence tools have been used to enhance risk management, and the risk management tools have benefited from business intelligence approaches. This introductory article provides a review of the state-of-the-art research in business intelligence in risk management, and of the ...

Nowadays, organizations face severe operational risks when executing their business processes. Some reasons are the ever more complex and dynamic business environment as well as the organic nature of business processes. Taking a risk perspective on the business process management (BPM) lifecycle has thus been recognized as an essential research stream. Despite profound knowledge on risk-aware B...