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Integração entre P&D e planejamento estratégico; Integration between strategic planning and R&D

Moura, Gilnei Luiz de
Fonte: Biblioteca Digitais de Teses e Dissertações da USP Publicador: Biblioteca Digitais de Teses e Dissertações da USP
Tipo: Tese de Doutorado Formato: application/pdf
Publicado em 19/12/2008 PT
Relevância na Pesquisa
36.22%
Um dos determinantes da competitividade é a inovação. O P&D (Pesquisa e Desenvolvimento) de uma organização pode levar a um diferencial competitivo. Por isso o planejamento estratégico deve ficar atento à decisão estratégica de qual P&D empreender, e em que nível de recursos e prioridade. A integração entre as estratégias de P&D com as tecnologias e estratégias de negócios da organização é tão fundamental quanto a inclusão na administração organizacional do processo de P&D. Todavia a integração entre P&D e planejamento estratégico organizacional é uma tarefa árdua e complexa para qualquer organização. Esta pesquisa aponta para uma proposta de discutir a idéia de que o P&D e o planejamento estratégico devem ser simultaneamente integrados, i.e., o P&D deve conhecer e se envolver nas viabilidades econômico-comerciais de seus projetos e o planejamento estratégico deve considerá-lo nas macro-estratégias da corporação. De forma objetiva, pretende-se não só investigar a relação P&D e o processo de planejamento estratégico, como também examinar sua integração e complementaridade por meio dos processos decisórios e alinhamentos estratégicos em organizações que têm a P&D como importante diferencial competitivo. Para tanto...

As contribuições da avaliação ambiental estratégica para a tomada de decisões sobre a liberação comercial de plantas geneticamente modificadas no Brasil; Contributions of strategic environmental assessment for decision-making on commercial release of genetically modified crops in Brazil

Pizella, Denise Gallo
Fonte: Biblioteca Digitais de Teses e Dissertações da USP Publicador: Biblioteca Digitais de Teses e Dissertações da USP
Tipo: Tese de Doutorado Formato: application/pdf
Publicado em 22/03/2010 PT
Relevância na Pesquisa
36.1%
A liberação comercial de plantas geneticamente modificadas (PGMs) é assunto controverso, devido ao desconhecimento quanto aos potenciais impactos ambientais e sócioeconômicos que pode suscitar a curto, médio e longo prazo. De modo a regular as deliberações sobre o uso de organismos geneticamente modificados (OGMs) mecanismos regulatórios que se propõem a prever tais impactos estão sendo criados em diversas nações, sendo a análise de risco (AR) o instrumento de estudo ambiental normalmente empregado nos processos decisórios. No entanto, há contestações sobre seu uso como única ferramenta de análise ambiental de PGMs, já que não possibilita a avaliação dos impactos cumulativos, indiretos, de longo prazo e dos interesses das nações delineados em suas políticas, planos e programas (PPPs). Um instrumento proposto por alguns autores passível de abarcar tais considerações é a Avaliação Ambiental Estratégica, que busca inserir a variável ambiental durante as fases de planejamento que resultam na elaboração de PPPs. Este trabalho teve como objetivo avaliar o sistema regulatório envolvendo a liberação em escala comercial de PGMs no Brasil e as potenciais contribuições da AAE para o processo decisório...

Gestão estratégica da produção de soja em Mato Grosso com o uso dos mercados futuros e de opções; Strategic management of the soybean production in Mato Grosso using the futures and options markets

Souza, Waldemar Antonio da Rocha de
Fonte: Biblioteca Digitais de Teses e Dissertações da USP Publicador: Biblioteca Digitais de Teses e Dissertações da USP
Tipo: Tese de Doutorado Formato: application/pdf
Publicado em 03/12/2010 PT
Relevância na Pesquisa
36.18%
O objetivo desta tese foi avaliar algumas abordagens para utilizar os mercados futuros e de opções no Brasil e no exterior como ferramentas para gestão estratégica da produção de soja em Mato Grosso. Apresentam-se duas linhas de trabalho na pesquisa. Na primeira, a estrutura a termo das opções com vencimento futuro negociadas no CME Group foi obtida para efetuar previsões da volatilidade e do nível de preços realizados, no curto e longo prazo, para os preços a vista da soja negociada em Rondonópolis (MT). Através da extração da volatilidade implícita do modelo de Black (1976) para precificação de opções de commodities, decompôs-se a variância da volatilidade em intervalos conhecidos e não conhecidos, para os quais se fez previsões de curto e longo prazo. Usou-se também a volatilidade implícita como parâmetro numa equação de intervalos de confiança empíricos para a estimação do nível de preços, no curto e longo prazo. Os testes de eficiência preditiva indicaram que as previsões da volatilidade realizada com base na volatilidade implícita têm maior grau de eficiência no curto prazo, enquanto as previsões dos níveis de preço são mais eficientes no longo prazo. Pode-se atribuir os resultados às características intrínsecas da série de preços da soja...

Gestão de riscos estratégicos : action research numa empresa de tecnologias de informação

Oliveira, Luís Fernando Fonseca de
Fonte: Instituto Superior de Economia e Gestão Publicador: Instituto Superior de Economia e Gestão
Tipo: Dissertação de Mestrado
Publicado em //2013 POR
Relevância na Pesquisa
36.25%
Mestrado em Gestão e Estratégia Industrial; Objetivo da investigação: Este estudo pretende determinar de que forma a gestão dos riscos estratégicos e o planeamento estratégico e controlo de gestão podem ser integrados, de forma a contribuir para a sustentabilidade e criação de valor nas organizações. Metodologia: A investigação baseou-se na realização de action research numa empresa de média dimensão que atua na área das TIC. Os resultados foram obtidos através de um processo iterativo, baseado na análise da teoria disponível sobre gestão estratégica e gestão de risco, realização de experiências e reflexão sobre os resultados obtidos. Resultados: Os riscos estratégicos foram definidos como os riscos internos ou externos, que podem ocorrer tanto na definição como na implementação da estratégia e com potencial para alterar significativamente a posição competitiva da organização. Do estudo resultou um modelo conceptual de integração dos processos de gestão dos riscos estratégicos e de planeamento estratégico e controlo de gestão. O modelo sugere que a incorporação de sistemas de controlo especialmente dedicados à gestão da incerteza promove a antecipação estratégica, a aprendizagem e o aparecimento de estratégias emergentes. Implicações teóricas: Os resultados obtidos são de natureza qualitativa e baseados numa investigação conduzida numa organização singular. A generalidade do modelo proposto pode ser testada com a realização de estudos de caso de aplicação noutras organizações. Originalidade: O estudo explicita uma forma clara de integrar a gestão estratégica com a gestão dos riscos estratégicos...

Perceived organisational support: a prospective proxy of the individual manager’s commitment to strategic decision-making in organisational context

Correia, Nuno
Fonte: Instituto Universitário de Lisboa Publicador: Instituto Universitário de Lisboa
Tipo: Tese de Doutorado
Publicado em //2014 ENG
Relevância na Pesquisa
36.14%
Tese submetida como requisito parcial para a obtenção do grau de Doutor em Gestão Empresarial Aplicada / JEL:D81, M12; The purpose of this research project was the design of a model, which provides possible explanations of the behaviour of individual managers in organisational contexts when involved in strategic decision-making, but also some prospective level of prediction. The model proposed integrates variables that are related to each individual manager, such as the experiences with decision-making outcomes and the illusions of control that individual managers have, variables which derive from the perceptions that individual managers have of some components of their organisational contexts and perceptions of the risks intrinsic to each topic, which is subjected to decision-making processes. The organisational support for risk-taking, which is perceived by each individual manager, is considered as a proxy of the perception that that manager has of the risks for him or herself, and as a proxy of his or her behaviour, that is, is seen as a predictor of the willingness of the individual manager to engage in strategic decision-making activities on the behalf of his or her organisation. The data gathered by the questionnaire...

Strategic Environmental Assessment for Policies : An Instrument for Good Governance

Ahmed, Kulsum; Sánchez-Triana, Ernesto
Fonte: Washington, DC : World Bank Publicador: Washington, DC : World Bank
EN_US
Relevância na Pesquisa
36.08%
Contents of this report are: Strategic Environmental Assessment (SEA) and policy formulation by Kulsum Ahmed, and Ernesto Sanchez-Triana. Policy-level strategic environmental assessments: process integration and incentives of policy proponents by Leonard Ortolano. The continuous process of policy formation by Martha S. Feldman, and Anne M. Khademian. Toward environmental priority setting in development by Richard D. Morgenstern. Giving the most vulnerable a voice by Caroline Kende-Robb, and Warren A. Van Wicklin III. Building and reinforcing social accountability for improved environmental governance by Harry Blair. Learning in environmental policy making and implementation by Alnoor Ebrahim. Using strategic environmental assessments to design and implement public policy by Kulsum Ahmed, and Ernesto Sanchez-Triana.

Fiscal Disaster Risk Assessment Options for Consideration

World Bank Group; Global Facility for Disaster Reduction and Recovery
Fonte: World Bank, Washington, DC Publicador: World Bank, Washington, DC
Tipo: Relatório
EN_US
Relevância na Pesquisa
36.12%
Pakistan is vulnerable to a number of adverse natural events and has experienced a wide range of disasters over the past 40 years, including floods, earthquakes, droughts, cyclones, and tsunamis. The World Bank is supporting the Government of Pakistan (GoP) in building capacity in the area of disaster risk management (DRM) in order to build resilience from both humanitarian and fiscal shocks associated with natural disasters. The World Bank is providing technical assistance to the GoP for the development of a national disaster risk financing strategy. This non-lending technical assistance aims to: (i) assess the fiscal exposure of the GoP to natural disasters; (ii) present options for the development of a national strategy to improve financial response capacity for natural disasters; and (iii) promote property catastrophe risk insurance for both public and private dwellings. Disaster risk financing and insurance (DRFI) is one of the five pillars in the proactive and strategic framework for DRM promoted by the World Bank. The World Bank has been promoting a proactive and strategic framework for DRM based on five pillars: (i) risk identification; (ii) risk reduction; (iii) preparedness; (iv) financial protection; and (v) resilient recovery. Chapter one is introduction. Chapter two presents an overview of the budget processes for the financing of natural disaster losses during each of the three post-disaster phases. Chapter three provides a preliminary financial disaster risk assessment for Pakistan...

Risk managing maritime security in the Indian Ocean Region

Cordner, L.
Fonte: Taylor & Francis (Routledge) Publicador: Taylor & Francis (Routledge)
Tipo: Artigo de Revista Científica
Publicado em //2014 EN
Relevância na Pesquisa
45.88%
Maritime security in the Indian Ocean Region (IOR) has become a paramount consideration; a range of traditional and non-traditional security challenges largely converge at sea. Risk-based processes offer the potential to engage in a positive, constructive and non-confrontational approach that will help to identify collective and cooperative security strategies. Analysing the evolving maritime security risk context provides a powerful tool for understanding common risks and vulnerabilities that affect regional and extra-regional actors with interests in the IOR. This can provide the impetus for diverse actors, primarily states, to cooperate to advance common objectives and protect shared interests without significantly compromising territorial integrity or sovereignty, against a range of risks that no single actor has the ability to mitigate. Commissioning a multinational, multi-disciplinary team of experts to conduct a regional strategic risk assessment, with a specific focus upon maritime security, should be a priority. Maritime security cooperation in the IOR could, if managed astutely and prudently, bind a diverse and largely disaggregated region.; Lee Cordner

The implications of empirical data for risk

Bilusich, D.; Lord, S.; Nunes-Vaz, R.
Fonte: Taylor & Francis Publicador: Taylor & Francis
Tipo: Artigo de Revista Científica
Publicado em //2015 EN
Relevância na Pesquisa
36.17%
It is of interest for national governments to assess strategic issues such as natural hazards and anthropogenic threats with some reference to risk, in order to support prioritisation of treatment solutions. With most threats of strategic relevance such as earthquakes, pandemics and terrorism following a distribution in size of events, representation of the risk for a threat as a single frequency– consequence pair is often inadequate as this single pair may exclude a significant portion of data and their contribution to total risk. Identifying the entire distribution of event sizes and their frequencies is better suited for understanding the relative contributions to total risk from high and low consequence events. If the distribution of event sizes does follow a law, the finite size of data-sets makes identifying the law difficult. This paper outlines the steps required to utilise empirical data to inform the risk of strategic threats and support decision-makers to prioritise treatment options according to their relative contributions to total risk. Potential pitfalls and limitations are also described.; Daniel Bilusich, Steven Lord and Rick Nunes-Vaz

Enterprise risk management solutions: a case study

Hays, Douglas C.
Fonte: Monterey California. Naval Postgraduate School Publicador: Monterey California. Naval Postgraduate School
Formato: x, 43 p. ; 28 cm.
Relevância na Pesquisa
36.13%
MBA Professional Report; In recent years, financial risk management has received increasing attention from managers in both private and public enterprises, regulatory agencies, and elected officials. The purpose of this research is to prepare a case study of a firm that seeks to provide a risk management solution for organizations. The case study resulted in a business plan, which was strategic in scope with a significant portion of the analysis concentrating on the firm's competitive positioning within the industry and an assessment of the direction the firm should move to achieve future success. This case study provides the sponsoring firm's management team with a comprehensive, realistic, and unbiased strategic analysis with several unique recommended courses of action for its future operating, management and financial decisions.

Critical Infrastructure Protection: Strategic Risk Analysis, Approaches and Methods [June 5-7, 2008] [video]

Poptanich, Kristine
Fonte: Escola de Pós-Graduação Naval Publicador: Escola de Pós-Graduação Naval
Relevância na Pesquisa
46.02%
The article of record may be found here: https://www.chds.us/m/media/player?id=1784; The presentation is titled: Strategic Risk Analysis, Approaches and Methods. "Key topics of the conference included (1) Metrics: a discussion of how risk, consequence and vulnerability should be defined and measured and (2) tools: descriptions of implementations of various methodologies in the form of procedures, software applications, and case studies that a practitioner could directly apply to the problem of risk assessment of critical infrastructure." Included also is the video is of Kristine Poptanich's presentation for the Critical Infrastructure Protection: Metrics and Tools workshop.

The NSW Oyster Industry: A Risk Indicator of Sustainable Coastal Policy and Practice

Ogburn, Damian M
Fonte: Universidade Nacional da Austrália Publicador: Universidade Nacional da Austrália
Tipo: Thesis (PhD); Doctor of Philosophy (PhD)
EN_AU
Relevância na Pesquisa
36.23%
Estuaries are the 'door mat' of human activity on land. They are also highly valued by the community. The New South Wales (NSW) oyster industry is Australia's oldest farming enterprise, dating back to the pre-European settlement era and as a consequence has social and cultural significance. Oyster farmers have developed generations of understanding and professional and intimate observation of the subtleties and frailties of NSW estuaries, cultivating their shells on a daily basis. The key motivation for this study is that the NSW oyster industry is a risk indicator of sustainable coastal catchment policy and practice. The studies are based on the overarching hypothesis that the economic, social, cultural, human health and environmental sustainability objectives of the NSW oyster industry require a historically- and scientifically-based risk analysis framework for selecting, managing and cultivating oyster farming areas. A review identified that it was vulnerable because of the lack of protection and planning for oyster growing areas. The aim of this thesis is to demonstrate that policies based on a risk analysis framework optimise outcomes for strategic management of the NSW oyster industry where risk is defined in terms of the effect of uncertainties on the industry's economic...

Strong, Safe, and Resilient : A Strategic Policy Guide for Disaster Risk Management in East Asia and the Pacific

Jha, Abhas K.; Stanton-Geddes, Zuzana
Fonte: Washington, DC: World Bank Publicador: Washington, DC: World Bank
Tipo: Publications & Research :: Publication; Publications & Research :: Publication
ENGLISH; EN_US
Relevância na Pesquisa
36.11%
Experiencing both recurrent small-scale events as well as devastating large-scale catastrophes, no other region in the world is affected by disasters as is East Asia and the Pacific. In the last decade, Ho Chi Minh City, Jakarta, Manila, and many other cities have been repeatedly hit by floods. In the last five years, Asia has experienced a large share of wide-scale natural catastrophes, including earthquakes in the Tohoku region in 2011, Padang in 2009, and Wenchuan in 2008; typhoons in 2009 in the Lao People's Democratic Republic, the Philippines, and Vietnam; a cyclone in Myanmar in 2008; and large-scale floods in 2011 in Cambodia, Thailand, and the Philippines. The year 2011 was the costliest year on record for natural disasters with cascading effects (Japan) and trans-boundary consequences (Thailand), adding up to US$380 billion in economic losses, almost doubling the 2005 record of US$262 billion. In the first nine months in 2011, East Asia sustained about 80 percent of all disaster losses worldwide. The executive summary provides a brief overview of the key issues...

Strategic Reorientation of the Housing Provident Fund System in the People's Republic of China

Taffin, Claude; Friedemann, Roy; Kyung-Hwan, Kim
Fonte: World Bank, Washington, DC Publicador: World Bank, Washington, DC
Tipo: Economic & Sector Work :: Policy Note; Economic & Sector Work
ENGLISH; EN_US
Relevância na Pesquisa
36.08%
The objective of this report is to respond to the request of the Ministry of Housing and Urban-Rural Development (MOHURD), to assess the Housing Provident Fund (HPF) system, and provide recommendations on its positioning, strategy and future role in the overall housing policy. The report focuses on a strategic review of the HPF system and its strategy, mission, and operational structure, and then analyses the market in which the individual HPFs operate. It provides recommendations on the realignment of the HPF system in view of the changed market conditions. The recommendations encompass the overall policy goal of the HPF system, including regulation and supervision, modifications to the current products offered by the HPFs, and improvements in the operational structure (e.g. organizational set-up, technical capabilities of management and staff, liquidity and risk management). The report concludes by citing international experiences with housing provident systems/credit linked savings systems in order to highlight useful links with the Chinese HPF system.

MIGA's Financial Sector Guarantees in a Strategic Context

Independent Evaluation Group
Fonte: Washington, DC: World Bank Group Publicador: Washington, DC: World Bank Group
Tipo: Publications & Research; Publications & Research :: Publication
ENGLISH; EN_US
Relevância na Pesquisa
36.13%
The aim of this report is to inform the design and the implementation of Multilateral Investment Guarantee Agency (MIGA's) new Strategic Directions FY12-14 by drawing lessons from recent experience with one of the main pillars of the MIGA, financial sector guarantees, the fastest growing business area for MIGA. The report presents a forward-looking analysis aimed to inform the development and implementation of MIGA's new strategic direction framework for FY12-14. It looks at the implementation of the current strategy, Operational Directions FY09-11, and assesses performance over the strategy period with respect to its Key Performance Indicators (KPIs) and other indicators. It also includes an updated assessment of MIGA's institutional and operational effectiveness in those areas that are most relevant to strategy implementation.

Strategic Framework for the Financial Management of Disaster Risk; Panama

World Bank Group
Fonte: Washington, DC Publicador: Washington, DC
Tipo: Report; Economic & Sector Work; Economic & Sector Work :: Risk and Vulnerability Assessment
ENGLISH; EN_US
Relevância na Pesquisa
36.25%
Disasters associated with the impact of natural hazards have had adverse social and fiscal effects on Panama over time, and the Government of Panama (GoP) is therefore committed to strengthening the financial management of disaster risks. Actions taken by the GoP in financial management of disaster risk are consistent with law 34 of June 5, 2008, the law on social fiscal responsibility. This law aims to establish norms, principles, and methodologies for consolidating fiscal discipline in national financial management of the public sector, a necessary condition for continuous and sustainable economic growth. The strategic framework was developed with the support of regional and international entities. The document incorporates a number of important lessons learned from international experience: (i) include disaster risks as part of an integrated framework of fiscal risk management; (ii) ensure that governments have access to immediate funds following a disaster; (iii) consider the creation of a national disaster fund; and (iv) reduce the government's contingent liabilities against disasters associated with the impact of natural hazards by insuring critical public assets and promoting the private insurance market for catastrophic risks and agricultural insurance. The strategic framework has the following five strategic pillars: (i) identification...

An investigation into the treatment of uncertainty and risk in roadmapping: a framework and a practical process

Ilevbare, Imohiosen Michael
Fonte: University of Cambridge; Department of Engineering; Institute for Manufacturing Publicador: University of Cambridge; Department of Engineering; Institute for Manufacturing
Tipo: Thesis; doctoral; PhD
EN
Relevância na Pesquisa
36.24%
This thesis investigates roadmapping in the context of its application to strategic early-stage innovation planning. It is concerned with providing an understanding of how uncertainty and risk are manifested in roadmapping in this application, and with developing and testing a roadmapping process that supports appropriate treatment of uncertainty and risk. Roadmapping is an approach to early-stage innovation planning, which is strategic in nature. It is seeing increasing application in practice and receiving growing attention in management literature. There has, however, been a noticeable lack of attention to uncertainty and risk in roadmapping theory and practice (and generally in strategic planning and at innovation?s early-stages). This is despite the awareness that uncertainty and risk are fundamental to strategy and innovation (i.e. application domains of roadmapping), and that roadmapping is meant to deliver, as part of its benefits, the identification, resolution and communication of uncertainties and risks. There is very limited theoretical or practical direction on what this entails. It is this gap that the research reported in thesis addresses. The research is divided into two phases. The first phase explains the manifestations and mechanisms of uncertainty and risk in roadmapping. It also introduces ?risk-aware roadmapping?...

On strategic default and liquidity risk

Tambakis, Demosthenes N
Fonte: CFAP, Cambridge Judge Business School, University of Cambridge Publicador: CFAP, Cambridge Judge Business School, University of Cambridge
Tipo: Working Paper; published version
EN
Relevância na Pesquisa
36.15%
How does the uncertain provision of external finance affect investment projects' default probability and liquidity risk? In this paper, I study the strategic interaction between many creditors and a single borrower in the context of a two-period investment project requiring external credit. Loans mature in one period but the project requires two periods to complete. The key working assumptions are that creditors are risk-averse and that any uncertainty is common knowledge: information about the fundamentals can be incomplete but not asymmetric. Mixed and perfect Bayesian strategies are used to compute the equilibrium probabilities of default and early liquidation. The impact of the maturity structure on default and liquidity risk is a function of the underlying structural and stochastic parameters and investors' beliefs about the state of fundamentals. The implications for banking regulation are assessed under fixed and variable loan rates. An open range of fundamentals is derived outside of which default and liquidity risk are either zero or one. The cyclical properties of default and liquidity risk are shown to depend sensitively on the relative cost of early liquidation to the borrower and the creditors, hence also on the regulatory policy stance.

The development of electronic trading in the futures industry: strategic risk positioning in a globalising age

Scott, Susan V.; Barrett, Michael I.
Fonte: Department of Information Systems, London School of Economics and Political Science Publicador: Department of Information Systems, London School of Economics and Political Science
Tipo: Monograph; NonPeerReviewed Formato: application/pdf
Publicado em /06/2002 EN; EN
Relevância na Pesquisa
46.21%
Contemporary political, economic and social conditions heighten the demand placed upon organizations to create strategy designed to manage uncertainty. It is suggested that a broader analytical repertoire may support development of insight into the nature and speed of change during turbulent phases of IT-enabled modernization. We present empirical data from a two-year research project studying strategic responses to the competitive emergence of electronic trading at the major international financial futures exchanges (1998-200). The term ‘strategic risk positioning’ is used as a central organizing concept to draw together an analysis of the subjective time-risk relationships influencing strategy formation during this period. We being by examining how different interpretations of urgency and uncertainty can help us understand the co-existence of multiple strategies during times of change. We suggest that both researchers and practitioners need to give increased attention to the way that information media fuels the adjustment of meaning given to significant events in contemporary society. A heightened sense of an uncertain future shapes the strategic imagination and triggers processes of risk positioning. In conclusion, the potential side effects of strategic risk positioning activities like hedging...

Enterprise risk management in action.

Mikes, Anette
Fonte: London School of Economics and Political Science Thesis Publicador: London School of Economics and Political Science Thesis
Tipo: Thesis; NonPeerReviewed Formato: application/pdf
Publicado em //2006 EN
Relevância na Pesquisa
36.25%
The new Basel regulatory initiatives and a burgeoning risk management literature signify the rise of enterprise risk management (ERM) in the financial services sector. However, very little is known of the roles that risk management plays in organizations and how it obtains organizational significance. This study, utilising case study material from seventy-five in-depth interviews with senior managers at two large banking groups, is a first step in exploring ERM in action. Apart from the field material, the study draws on the normative- practitioner literature of risk management, as well as on a long strand of organisationally grounded studies of management control. ERM appears to be an assembly of four risk management ideal types (Risk Silo Management, Integrated Risk Management, Risk and Value Management, Strategic Risk Management), all of which aspire to be 'enterprise-wide', and together constituting the 'risk management mix' in a given organisation. Three distinct types of risk managers emerged in both organisations, displaying characteristic aspirations and alliances (risk silo specialists, risk capital specialists, senior risk officers). The case study analysis compared and contrasted the observed two ERM assemblies, and emphasised the alternative patterns of organizational significance displayed by the risk management functions. Under the first model (value-based ERM) risk management was integral to the formal planning and performance measurement process...