Modern-day discussions of fishery governance and management revolve around a number of key ingredients – the goals of sustainability and resilience, the widespread presence of uncertainty and complexity, the corresponding directions of a precautionary approach and an ecosystem approach, and implementation of these through avenues such as robust management. This paper explores the links among th...

Three deficiencies exist in information security under prevailing practices: organisations tend to focus on compliance over protection; to estimate risk without investigating it; and to assess risk on an occasional (as opposed to continuous) basis. These tendencies indicate that important data is being missed and that the situation awareness of decision-makers in many organisations is currently...

Enterprise Resource Planning (ERP) systems have been in existence for over 2 decades yet businesses are still losing billions of dollars annually due to the implementation of software designed to reduce costs and increase profitability. Risk Management is an area that contributes to these losses, specifically due to uncertain outcomes when dealing with an interconnected construct such as risk, ...

The idea of using common Poisson shock processes to model dependent event frequencies is well known in the reliability literature. In this paper we examine these models in the context of insurance loss modelling and credit risk modelling. To do this we set up a very general common shock framework for losses of a number of different types that allows for both dependence in loss frequencies acros...

Small enterprises are facing significant challenges to become suppliers of bigger customers due to the excessive costs associated with accessing a vast market of potential customers. It is essential for small businesses to adopt an ERP system to maintain control of their operations and to compete globally. An ERP implementation is expensive and risky for all businesses, but it is still more cha...

Purpose ­ Enterprise resource planning (ERP) systems are increasingly being adopted by organisations in developing countries. As in industrialised countries, this adoption seems beset by significant rates of failure, leading to a large waste of investment and other resources. This study seeks to understand why such ERP failure occurs. Design/methodology/approach ­ This study moves beyond factor...

The Integrated Technical Reference Model (ITRM) provides guidelines and design principles for development of Wireless Sensor Networks (WSN). This paper describes an approach to implement a localization application for WSN using the I-TRM. It also provides a comparison between a typically organized WSN, the I-TRM and the Moteworks software platform.

Guaranteed loan is a common way for an enterprise to raise money from banks without any collateral in China. It is welcome for both enterprises and banks when the economy is up. However, the situation becomes tough as long as the economy is down. The financial risk caused by guaranteed loans not only makes the enterprise which takes the loan in trouble but also spreads over the intertwined netw...