Erratum to: Sustainable Risk Management

Wilderer, P.A.; Renn, Ortwin; Grambow, Martin; Molls, M.; Mainzer, Klaus

doi:10.1007/978-3-319-66233-6_26

Cited by 4 publications

(5 citation statements)

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“…Perceived risk can motivate individuals; people are more willing to change their behavior if they have the feeling of "being at war", and the way in which an individual perceives risk depends on effective communication. 9,12,71 In addition, risk management is a multidisciplinary issue that integrates science and technology. Especially for environmental hazards and public health risk, accessible and practicable technology is a premise of effective risk governance.…”

Section: Empowering Social Organizations In Communitiesmentioning

confidence: 99%

Community Disaster Resilience in the COVID-19 Outbreak: Insights from Shanghai’s Experience in China

Zhang¹,

Zhao²,

Liu³

et al. 2021

RMHP

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Section: Empowering Social Organizations In Communitiesmentioning

confidence: 99%

Community Disaster Resilience in the COVID-19 Outbreak: Insights from Shanghai’s Experience in China

Zhang¹,

Zhao²,

Liu³

et al. 2021

RMHP

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“…Therefore, sustainable construction should focus on balanced development across social, economic, and environmental needs [68,69]. Within the field of sustainable risk management more generally, the most-used method is the management of potential risk factors and uncertainty, which are inherently difficult to predict [70]. For effective decision-making about natural hazards, identifying risk indicators for those hazards is a key first step.…”

Section: Discussionmentioning

confidence: 99%

Identifying Risk Indicators for Natural Hazard-Related Power Outages as a Component of Risk Assessment: An Analysis Using Power Outage Data from Hurricane Irma

Yum

Son

et al. 2020

Sustainability

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Extensive use has been made of lifecycle-cost assessment to enhance the cost-effectiveness and resilience of facilities management. However, if such assessments are to be truly effective, supplemental information will be needed on the major costs to be expected over buildings’ entire lives. Electricity generation and distribution systems, for example, are absolutely indispensable to industry and human society, not least in the operation of buildings and other infrastructure as networks. The widespread disruption that ensues when such power systems are damaged often carries considerable repair costs. Natural disasters likewise can cause extensive societal, economic, and environmental damage. Such damage is often associated with lengthy power outages that, as well as being directly harmful, can hinder emergency response and recovery. Accordingly, the present study investigated the correlations of natural hazard indicators such as wind speed and rainfall, along with environmental data regarding the power failure in Florida caused by Hurricane Irma in 2017 utilizing multiple regression analysis. The environmental data in question, selected on the basis of a thorough literature review, was tree density. Our analysis indicated that the independent variables, maximum wind speed, total rainfall, and tree density, were all significantly correlated with the dependent variable, power failure. Among these, rainfall was the least significant. Despite there being only three independent variables in the model, its adjusted coefficient of determination (0.512) indicated its effectiveness as a predictor of the power outages caused by Hurricane Irma. As such, our results can serve the construction industry’s establishment of advanced safety guidelines and structural designs power transmission systems in regions at risk of hurricanes and typhoons. Additionally, insurance companies’ loss-assessment modeling for power-system facilities would benefit from incorporating the three identified risk indicators. Finally, our findings can serve as a useful reference to policymakers tasked with mitigating power outages’ effects on infrastructure in hurricane-prone areas. It is hoped that this work will be extended, facilitating infrastructure restoration planning and making societies and economies more sustainable.

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“…Literature argues that the primary purpose of RM is a strategic act, executed by employees, and aimed at influencing efficient operations, while imposing regulatory compliance in a sensible and responsible manner to ensure sustainability (Wilderer et al, 2018). The context of the cross-border acquisitions is dynamic and informed by a multitude of actions or events and is associated with certain uncertainties and probabilities preceding the risk and impacting the management of risk (Rana et al, 2022).…”

Section: Risk Managementmentioning

confidence: 99%

“…Jain ( 2010) believes the answer to this question is situated within stakeholder involvement and how their psychosocial behaviour can best be influenced by giving attention to: (1) empowering all stakeholders with knowledge of identifying, measuring, monitoring, and controlling the intrinsic risk exposures across all levels; (2) outlining personal roles, responsibilities and accountability towards managing operational risks; (3) resourceful distribution of operational risk capital; (4) reliable and timely ORM reporting proficiencies; and (5) a riskintelligent workforce and environment. Conclusively, an integrated, proactive approach, marrying task and people, to ORM is required to ensure that the cross-border acquisitions are successful, and ORM framework implementation is sustainable and effective in managing risks (Wilderer et al, 2018).…”

Section: Risk Managementmentioning

confidence: 99%

Psychosocial factors influencing change management: An African cross-border acquisition case

van Niekerk

2023

SA Journal of Human Resource Management

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The study explored the psychosocial factors that influence the successful implementation of a change management initiative. Also, recommendations are made towards mitigating psychosocial risks that should be incorporated as part of a well-thought-through change management initiative and process, in a multifaceted Africa context. Motivation for the study:To understand the psychosocial factors posing a risk and becoming impeding factors within a multifaceted African merger and during a cross-border change management initiative.Research approach/design and method: A qualitative approach and case study design, adopting a hermeneutic phenomenological paradigm, was applied. Data were collected through semi-structured interviews and analysed using Tesch's content analysis. Main findings:Having an awareness of psychosocial factors influencing change initiatives, requires interconnectedness and co-construction, to enable successful implementation, while mitigating risk. The African context greatly values culture, relationship, trust, respect, and collaboration. Thus, risk cannot be managed without managing change and contrariwise.Practical/managerial implications: In multifaceted Africa, the importance of stakeholder inclusion and engagement are highlighted, and the importance of stakeholder and task integration towards mitigating risks and modifying psychosocial behaviour are emphasised.Contribution/value-add: Substantive evidence enables a better understanding of psychological risk factors impeding change within a multifaceted environment. Interconnectedness and coconstruction enable effective risk mitigation and change implementation.

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Erratum to: Sustainable Risk Management

Cited by 4 publications

References 0 publications

Community Disaster Resilience in the COVID-19 Outbreak: Insights from Shanghai’s Experience in China

Community Disaster Resilience in the COVID-19 Outbreak: Insights from Shanghai’s Experience in China

Identifying Risk Indicators for Natural Hazard-Related Power Outages as a Component of Risk Assessment: An Analysis Using Power Outage Data from Hurricane Irma

Psychosocial factors influencing change management: An African cross-border acquisition case

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