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Difference between revisions of "Risk management"

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== IGC-DEFINITION (abbreviated) ==
 
== IGC-DEFINITION (abbreviated) ==
'''Risk management'''<br>
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'''Risk management / [[:de:Risikomanagement|Risikomanagement]]'''<br>
 
Risk in the entrepreneurial sense is a combination of the probability of a certain damage and the size of its financial consequences.
 
Risk in the entrepreneurial sense is a combination of the probability of a certain damage and the size of its financial consequences.
  
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[http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.), 4. Auflage, Schäffer-Poeschel, Stuttgart, 2010]
 
[http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.), 4. Auflage, Schäffer-Poeschel, Stuttgart, 2010]
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[[Category:Strategy]]
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== Use Your Talents Give More Receive More ==
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 +
When I stand before God at the end of my life, I would hope that I would not have a single bit of talent left, and could say, I used everything you gave me.Erma Bombeck
 +
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[[http://goodvillenews.com/Use-Your-Talents-Give-More-Receive-More-n807aT.html Use Your Talents Give More Receive More]]
 +
 +
[[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]]
 +
 +
== A Young Girl with a Big Heart and an Old Man with a Lot of Flowers ==
 +
 +
When I was very young (about ten or eleven years old), I heard that our neighbor, a retired physician, had lost his wife after a long illness. He was such a dear soul, and he had the most spectacular gardens in his backyard. The whole neighborhood could see his glorious flowers from the street. The backyard was a profusion of daisies and roses, snapdragons and lilies, hyacinths and columbines. I used to think there wasnt a flower in the world that he didnt grow.
 +
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[[http://goodvillenews.com/A-Young-Girl-with-a-Big-Heart-and-an-Old-Man-with-a-Lot-of-F-lg9.html A Young Girl with a Big Heart and an Old Man with a Lot of Flowers]]
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[[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]]
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== 13 Things You Should Do To Live Life Without Regrets ==
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A study that was performed on elderly individuals a few years back, has shown that during old age, there are many people who regret the things they didnt have the courage to do as opposed to only a few who had regrets about the things theyve done.
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[[http://goodvillenews.com/13-Things-You-Should-Do-To-Live-Life-Without-Regrets-DyXsux.html 13 Things You Should Do To Live Life Without Regrets]]
 +
 +
[[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]]
 +
 +
== Simple Ways Of Dealing With Conflict ==
 +
 +
Being in control of your life and having realistic expectations about your day-to-day challenges are the keys to stress management, which is perhaps the most important ingredient to living a happy, healthy and rewarding life.
 +
 +
[[http://goodvillenews.com/Simple-Ways-Of-Dealing-With-Conflict-n0JxBe.html Simple Ways Of Dealing With Conflict]]
 +
 +
[[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]]
 +
 +
== Awakening Our Collaborative Spirit ==
 +
 +
The physicist, David Bohm, while researching the lives of Einstein, Heisenberg, Pauli and Bohr, made a remarkable observation. Bohm noticed that their incredible breakthroughs took place through simple, open and honest conversation. He observed, for instance, that Einstein and his colleagues spent years freely meeting and conversing with each other.
 +
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[[http://goodvillenews.com/Awakening-Our-Collaborative-Spirit-AjXaD8.html Awakening Our Collaborative Spirit]]
 +
 +
[[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]]

Latest revision as of 23:42, 20 August 2012

IGC-DEFINITION (abbreviated)

Risk management / Risikomanagement
Risk in the entrepreneurial sense is a combination of the probability of a certain damage and the size of its financial consequences.

Risk management is concerned with the identification and valuation of risks, also defining the acceptable level of risk and their limitation with the help of hedging methods. Starting point is a risk policy, which is determined by top management and then realized on all management levels. To do so, it is necessary to know all the risks a company can encounter, to valuate them and to monitor their development. This task is often delegated to the controller.

A risk analysis should on the one hand describe the actual situation and on the other hand generate risk awareness.


from: IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.)

Source

IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.), 4. Auflage, Schäffer-Poeschel, Stuttgart, 2010

Use Your Talents Give More Receive More

When I stand before God at the end of my life, I would hope that I would not have a single bit of talent left, and could say, I used everything you gave me.Erma Bombeck

[Use Your Talents Give More Receive More]

[GoodvilleNews.com - good, positive news, inspirational stories, articles]

A Young Girl with a Big Heart and an Old Man with a Lot of Flowers

When I was very young (about ten or eleven years old), I heard that our neighbor, a retired physician, had lost his wife after a long illness. He was such a dear soul, and he had the most spectacular gardens in his backyard. The whole neighborhood could see his glorious flowers from the street. The backyard was a profusion of daisies and roses, snapdragons and lilies, hyacinths and columbines. I used to think there wasnt a flower in the world that he didnt grow.

[A Young Girl with a Big Heart and an Old Man with a Lot of Flowers]

[GoodvilleNews.com - good, positive news, inspirational stories, articles]

13 Things You Should Do To Live Life Without Regrets

A study that was performed on elderly individuals a few years back, has shown that during old age, there are many people who regret the things they didnt have the courage to do as opposed to only a few who had regrets about the things theyve done.

[13 Things You Should Do To Live Life Without Regrets]

[GoodvilleNews.com - good, positive news, inspirational stories, articles]

Simple Ways Of Dealing With Conflict

Being in control of your life and having realistic expectations about your day-to-day challenges are the keys to stress management, which is perhaps the most important ingredient to living a happy, healthy and rewarding life.

[Simple Ways Of Dealing With Conflict]

[GoodvilleNews.com - good, positive news, inspirational stories, articles]

Awakening Our Collaborative Spirit

The physicist, David Bohm, while researching the lives of Einstein, Heisenberg, Pauli and Bohr, made a remarkable observation. Bohm noticed that their incredible breakthroughs took place through simple, open and honest conversation. He observed, for instance, that Einstein and his colleagues spent years freely meeting and conversing with each other.

[Awakening Our Collaborative Spirit]

[GoodvilleNews.com - good, positive news, inspirational stories, articles]

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