Risk Management Skills Research Articles

Explaining the factors affecting women's life during COVID-19 lockdown: A qualitative study among women in Southern Iran.

The long-term impact of COVID-19 on women's health can cause serious damage to the family and society. To explain the factors affecting women's life during COVID-19 lockdown in Southern Iran. In this qualitative study, 20 women who referred to Bandar Abbas health care centers were interviewed and semi-structured interviews continued until data saturation. Data were extracted into seven categories as follows: socio-family influence, occupational challenges, financial concern, leisure time, access to services, psychological reactions, and physical problems. We conclude that, lockdown had effects on women's life in terms of psychological, social, economic, and family relationships. Learning risk management skills can help manage these effects.

Toward the Adoption of Industry 4.0: The Skills of the Civil Engineering Workforce Relevant to the Fourth Industrial Revolution

There is no doubt that the pace of innovation is changing with the advent of new technologies related to the fourth industrial revolution (Industry 4.0). The transition from the current to the future for these continuous changes in technology considerably changed the nature of jobs affecting people’s skills that are needed in the transformation to create an organization capable of continuous change. Therefore, this paper intends to assist industries in determining which skills are likely to become focal points in the adoption of Industry 4.0 to provide suitable suggestions for planning the next course of action on best practices of technology adoption for civil engineering industries. Since Industry 4.0 is reshaping the workforce’s skills, this study is conducted to fill this research gap by analyzing the skills of the civil engineering workforce relevant to the fourth industrial revolution, whereby the demand for special skills will drive the shift toward technology adoption. The research method administered is a qualitative method, in which the interview was based on a focused group discussion of nine members from Malaysia’s civil engineering industries. The findings of the data collected provide three main groups requiring different skills which are low-skilled workforce (technical skills, basic communication skills, safety skills team Working skills), semi-skilled workforce (machinery knowledge and skills, communication skills, leadership skills, and health and safety skills), and high-skilled workforce (engineering skills, organizational skills, decision-making skills, and problem-solving skills). Interestingly, the paper introduces emerging skills (digital drawing, instrumentation skills, risk management skills, remote worksites, and mobile access, environmental skills/schedule waste management skills, and autonomous robots skill) demanded for the adoption of Industry 4.0. The findings could help support and guide best practices of technology adoption for civil engineering industries. Future research might be helpful to further add skills for the sustainability of Industry 4.0

The moderating role of IFRS in the relationship between risk management and financial disclosure in Jordanian banks

This study investigated the impact of IFRS on the relationship between risk management and financial disclosure in Jordanian banks in light of the Covid-19 pandemic. The study data were collected from Jordanian banks’ financial reports with the help of panel data to measure IFRS and risk management. The study depended on daily data, at a rate of (256) trading days from March 3, 2020 until April 29, 2021. Also, the study used questionnaires to measure financial disclosure in addition to interviews with eight Jordanian bank managers. Multiple regression was used to test hypotheses. The study found a positive statistically significant relationship between risk management and financial disclosure. The relationship was portrayed by a coefficient of 0.315. The result also showed the moderating role of IFRS in such a relationship, the effect reached 0.696. The conclusions have implications for both theory and practice. In fact, the findings elucidated the connection between risk management, IFRS, and financial disclosure. Finally, Jordanian banks should focus on IFRS and risk management, enhanced management, and employee skills as recommendations in this study. Thus, Jordanian banks pay particular attention to IFRS and risk management in order to achieve profitability through financial disclosure. AcknowledgmentThe publication of this research has been supported by the Deanship of Scientific Research and Graduate Studies at Philadelphia University – Jordan.

Effect of Managerial Competence on Value-Based Financial Performance of Banks

This study investigates the connections between managerial competency MC) and value-based financial performance (EVA, MVA and CVA) of acquirer banks listed on the Ghana Stock Exchange (hereafter: GSE). Correlational research design was employed for the study. Four banks: Ecobank Ghana Ltd, Access Bank Ghana Ltd, Societe Generale Ghana Limited and GCB Bank Limited were chosen for the study. Multiple regression model using Statistical Package for Social Sciences (SPSS) was employed for the data analyses. The findings suggest that MC has a positive and significant effect on value-based financial performance proxied by economic value added (EVA), market value added (MVA) and cash value added (CVA). The MCs required for merger and acquisition success in the banking sector comprised of Leadership Skills, Technical Skills, Fraud Risk Management Skills and Customer Value Management Skills. The study deepens literature on the requisite MC (intra-personal skills, interpersonal skills, leadership skills, technical/business skills, fraud risk management skills, customer value management skills) for merger and acquisition success. Should there be increased shareholder value after a merger or acquisition, managerial competence plays a cardinal role. Traditionally, this value-based model provides guidelines or framework for staff in management evaluation for selection, development and performance management. these skills can be considered as the basis for management development programs as the skills needed to be effective can be developed in adults. the study was limited to only four acquirer banks listed on GSE, further study should be conducted on all listed banks on GSE to test the validity and operability of the value-based model of MC.

Safe patient handling education: analysis from European higher education institutions.

According to current research, patient handling is not universally taught in academic nursing programs in Europe. Miscellaneous patient handling education may expose students and novice health care workers to occupational hazards, especially if the evidence-based contents of safe patient handling are not recognized. Health care workers deal with high physical workloads daily, which points out the importance of evidence-based curricula contents from the early phases of education. The aim of this study was to describe the patient handling education and to analyse the differences in curricula among higher education institutions (HEIs) in Europe. The study used a cross-sectional design and was conducted in HEIs educating health care professionals in Europe. The data was collected through a Webropol questionnaire consisting of structured and open-ended questions. Only 68.4% of the respondents stated that they have a framework that guides the patient handling education. Additionally, some answers referred to guidelines that are not adequate to be referred to as evidence-based guidelines on patient handling. There is variation in emphasizing workplace safety and risk assessment issues in the curricula, and variation in teaching of assistive aids. Currently the patient handling education in the studied HEIs does not meet the requirements of evidence-based practice. The establishment of a European-wide framework, including both theoretical and practical training for safe patient handling is needed. The inclusion of risk assessment and workplace safety issues is essential to improve the risk management knowledge and skills and further avoid work-related musculoskeletal disorders. Int J Occup Med Environ Health. 2022;35(5):615-23.

Impact of Pandemic SARS COVID-19 on Different Construction Project Management: Problems and Solutions.

This study discusses risk management strategies caused by pandemic-related (Covid-19) suspensions in thirty-six engineering projects of different types and sizes selected from countries in the middle east and especially Iraq. The primary data collection method was a survey and questionnaire completed by selected project crew and laborers. Data were processed using Microsoft Excel to construct models to help decision-makers find solutions to the scheduling problems that may be expected to occur during a pandemic. A theoretical and practical concept for project risk management that addresses a range of global and local issues that affect schedule and cost is presented and results indicate that the most significant delays are due to a lack of good project risk management skills and remote project management capability which is exacerbated by shortfalls in technical development and information technology.

A Quality Improvement (Pilot) Project: Psychiatric Medical Education for Foundation Trainees

AimsFoundation Doctors are exposed to a range of specialties within the Foundation Programme, with 20.9% completing a psychiatry rotation. Those who do not have a psychiatry rotation may have little experience other than what was acquired in undergraduate training, despite being expected to care for patients with mental health problems. According to Mind (2017), one in four people will experience a mental health problem each year thus essential that our medical workforce know and understand the basic principles of psychiatry to aid their management of core psychiatric conditions. The aim of this project was to improve mental health literacy among Foundation Doctors by improving their communication, formulation and risk management skills. Another objective was to encourage uptake to Psychiatry and help plug the high number of unfilled Consultant posts.MethodsThe initial pilot was carried out between January and June 2021 over zoom and the sessions were optional. A survey was completed to find out which topics were most relevant and common themes included MCA/MHA interface, risk management and treatment of various conditions. These themes were incorporated into 90-minute sessions which included interactive case-based discussion in small breakout groups and some didactic teaching. The six session topics were EUPD, Dementia, Depression, Delirium, Substance Misuse and Alcohol Misuse. The sessions were facilitated by clinicians of mixed experience from Foundation Doctors to Consultants. Participant knowledge was tested using pre- and post-session quizzes and a working group reviewed feedback, making relevant changes subsequently.ResultsFeedback was majorly positive, and attendees valued the interactivity, breakout rooms, case studies and choice of topics. Suggested areas of improvement were having more time for discussion, technical difficulties, and less psychiatric ‘jargon’, but these tended to be isolated comments. Five out of six sessions showed an improvement in assessment scores afterwards, with an average improvement of 12.6% (average pre-session score of 70% and average post-session score of 82.6%). One session showed a decrease in the post-session quiz scores which on reflection showed that the questions in the assessment covered material not included in the session.ConclusionThe virtual programme was an effective way of improving knowledge and confidence in psychiatry. Whilst the sessions were positively received and showed improvements in post-session scores, there were some limitations which will be addressed and used to develop future training. There is now more mental health woven throughout the new Foundation curriculum and expected that much of this content will be covered during Foundation Training.

A GoPro Look on How Children Aged 17–25 Months Assess and Manage Risk during Free Exploration in a Varied Natural Environment

Research indicates that risky play has positive effects on children’s development, learning and health, and ability to assess and manage risk, but there is a lack of knowledge on how toddlers engage in risky play. This study aims to investigate how toddlers assess and manage risk in free exploration in a varied natural environment and was conducted within an explorative qualitative approach. Observations were collected through head-mounted GoPro cameras while seven toddlers freely explored a natural environment. The results show that toddlers are able to assess and manage risks in challenging natural environments. They develop their own risk management skills and assess risks directly and indirectly. The results also show that practitioners sometimes perform risk assessment/management on behalf of the child and thus override the child’s own actions. The findings suggest implications for an early childhood education and care (ECEC) practice where children even as young as 17–25 months should be allowed to explore challenging environments and learn how to assess and manage risks.

Effect of Fraud Risk Management Skills on Value-Based Financial Performance of Banks in Ghana

Effect of Fraud Risk Management Skills on Value-Based Financial Performance of Banks in Ghana

Flood Hazard Mapping and Flood Preparedness Literacy of the Elderly Population Residing in Bangkok, Thailand

This research aimed at assessing flood hazard areas and flood literacy of the elderly population in Bangkok, Thailand and analyzing their flood preparedness through SWOT analysis. Expert interviews and a community survey were conducted. Using the analytic hierarchy process (AHP) and GIS technique, the results indicated that land-use, drainage density, and annual maximum rainfall were the most heavily weighted factors in flood hazard mapping in Bangkok. About half (50.32%) of Bangkok’s total area was defined as high flood hazard area. A total of 736 questionnaires were distributed in flood-prone areas and in the areas with the highest percentage of elderly population. The results of both SWOT and survey analysis found that many senior citizens have low digital and media literacy and limited experience in using information technology for flood preparedness. Lack of integration of disaster risk reduction and aging population policy, ineffective warning system, and lack of access to disaster preparedness training were the key barriers in reducing vulnerability to flood hazard. The survey revealed that the majority of elderly respondents (75%) have neither used online applications for their flood hazard management both before and during flood disaster nor shared/communicated information via online platforms. Some respondents (13%) used Facebook and Line applications to obtain information before a flood event. Very few of the elderly respondents (<2%) accessed the national/provincial web-based platform to find out flood-related information. Almost all respondents, especially who are living in high-risk flood zones, had never participated in the community training of flood preparedness and management. Therefore, effective strategies in enhancing social engagement of the elderly and their literacy skills in flood risk preparedness and management are urgently needed.

Does risk management affect productivity of organic rice farmers in India? Evidence from a semiparametric production model

This study analyzes the effects of farmers’ risk on productivity where the production function is generalized to be specific to risk variables. This resulted in a semiparametric smooth-coefficient (SPSC) production function. The novelty of the SPSC approach is that it can explain the direct and indirect channels through which risk can affect productivity. The study uses several measures of risk, including attitudes toward risk, perceptions of risk, and risk management skills of farmers. It then shows how these risk-related variables affect productivity both directly and indirectly via the inputs. Using 2015 farm-level data from organic basmati rice (OBR) smallholders in India, the study finds that OBR farmers with high degrees of risk aversion had lower productivity than less risk-averse or risk-neutral OBR farmers. Additionally, OBR farmers who were most concerned about production risks (i.e., weather and pest risks) had higher productivity than their counterparts. Finally, the study reveals that OBR farmers can reduce production costs by increasing farm size.

درجة إسهام مقررات اللغة العربية في المرحلة المتوسطة في تنمية مهارات إدارة الأزمات من وجهة نظر المعلمين في ضوء وباء كورونا (كوفيد-19)

هدفت الدراسة الحالية إلى تعرفدرجة إسهام مقررات اللغة العربية في المرحلة المتوسطة بالمملكة العربية السعودية في تنمية مهارات إدارة الأزمات من وجهة نظر المعلمين في ضوء وباء كورونا (كوفيد-19)وقد تم استخدام الاستبانة أداة للدراسة، حيث تكونت في صورتها النهائية من خمسة أبعاد، و24 مؤشرًا، وتكونت عينة الدراسة من(240) معلما من معلمي اللغة العربية بمكتب التعليم بخميس مشيط، وتوصلت الدراسة إلى العديد من النتائج من أهمها: توجد درجة إسهام متوسطة لكل من مهارات مواجهة الضغوط والتفكير الابتكاري، في حين كانت درجة إسهام منخفضة لمقررات اللغة العربية في المهارات التالية: الاتصال والتواصل الفعال، تنمية روح الفريق والعمل الجماعي، إدارة الوقت، وفي ضوء نتائج الدراسة قدم الباحثان عددا من التوصيات منها: إعادة النظر في مقررات اللغة العربية، بما ينمي الوعي بمهارات إدارة الأزمات والمفاهيم ذات الصلة.

The determinants of risk reporting during the period of adoption of Basel II Accord: evidence from the Portuguese commercial banks

PurposeThe purpose of this paper to analyze the risk reporting practices and its determinants of commercial banks during the period of the adoption of the Basel II Accord in Portugal.Design/methodology/approachThe paper conducts a content analysis of the risk and risk management sections included in the management reports and the notes of the annual reports of Portuguese commercial banks, for the years 2007, 2010 and 2013.FindingsFindings show that theoretical frameworks underpinned in agency and legitimacy theories continue to provide valid explanations for risk reporting by Portuguese banks. More specifically, findings indicate that agency costs, public visibility and reputation are crucial drivers of risk reporting. Findings also indicate that younger banks with lower risk management skills use risk reporting either as an informational process or as a channel to manage organizational legitimacy.Research limitations/implicationsThe content analysis does not allow readily for in-depth qualitative inquiry. The coding instrument is subject to coder bias. Information about risk can be provided in sources other than annual reports. Additionally, not all banks disclose information on corporate governance-related variables that could also influence risk reporting.Originality/valueThe current research setting has never been studied hitherto. In this sense, this study seems to be of great relevance given the scarcity of literature on the subject in Portugal.

Risk management application in South African power utility construction projects

South Africa's largest electricity producer has embarked on mega investments to build new power stations. This paper reports on the risk management maturity level, and risk management processes. The research adopted the survey research method and self-administrated questions to collect primary data. The investigation targeted the total population of 100 engineers, technical managers, safety officers and quality officers. The researchers collected a total of 44 useful responses. The research established that the overall risk management maturity at the intermediate level. The risk response planning and risk monitoring were identified as processes that need improvement. The risk factors in the South African power utility construction projects were a lack of pre-planning, the level of contractor's performance, community unrest, labour unrest, safety incidents, defective work and poor risk management skills. The paper has both theoretical and practical implications despite the limitations associated with the study design.

A new curriculum to strengthen pharmacology and clinical pharmacology training in fundamental nursing education

Among medical care incidents in Japan, an increase in medicine-related errors by nurses have been reported. These errors may be caused by a lack of knowledge of clinical pharmacology and drug interactions. It is important for nurses to acquire risk-management skills based on clinical pharmacology. In order to improve fundamental knowledge in pharmacology and clinical pharmacology for nurses, various training programs exist. We reviewed a number of educational programs in medicine and report our results. Based on our results, it is necessary for medical education programs to include the following 5 essential elements: 1) An analysis of frequently-occurring medication errors in the field of clinical pharmacology, 2) drugs administer for patient characteristic and patient observation practices, 3) an emphasis on the interactions between drugs and food or other drugs, 4) assessment of patient symptoms, risk-management, and the efficacy of drugs, 5) the necessity of using the package inserts. In a new curriculum, it is necessary to have systematic, step by step training in pharmacology and clinical pharmacology. It is also necessary to develop these teaching methods in cooperation with specialists and experts in the field.

Benchmarking between two different hospitals on health risk management in the covid-19 emergency

IusseThe strategies adopted during COVID19 emergencies by two different hospitals in the Lazio Region are presented: S. Maria Goretti Hospital (SMGH) directly managed by the ASL Latina, hub and centre of the Emergency Department, and Cristo Re Classified Hospital (CRH), accredited in the territory of the ASL Roma1.Description of the problemSMGH has been identified as COVID19 Intervention Hospital. CRH initially was a No-COVID support structure, then included in the COVID19 network. During the COVID19 emergency, the directors of both hospitals had to simultaneously ensure activity as usual, COVID19 recovery and risk management.ResultsSMGH, while continuing the emergency, oncological, pregnancy, paediatrics and outpatient activities, COVID19 patients was isolated on 7 different floors/areas. Moreover was defined: chain of command; clinical admission criteria; COVID19 multi-professional and support teams, roles, skills and specific training; health surveillance; environmental hygiene, safety paths/procedures, vaccinal center and much more. CRH, while continuing minimum programmed activities to reduce waiting lists, in the first epidemic phase was created 4 tensile structures for Pre-triage and COVID pathways, respiratory isolation area for supsected patient; transfer admission for emergency networks, clean-dirty pathway. Moreover in the second phase, was activated beds of COVID19 network and 4 technical beds OBI; the ‘Walk-in' for antigenic testing, with molecular confirmation <24h and infectious counselling; multi-disciplinary and specialist support teams, training courses, health surveillance, vaccinal center and much more.LessonsDuring COVID19 pandemic, risk management skills linked to the technical-organisational strategy of hospital directors, making it possible to reprogramme their structure in a short period of time with flexibility and resilience of the whole organization.Key messages Specific skills and roles, both hygienic and organizational, are essential to risk management in hospitals during epidemic emergencies.The multidisciplinarity, flexibility and modularity of the hospital structure are the organizational bases in cases of pandemics.

The Effect of Free Time Management Skills upon Smartphone Addiction Risk in University Students

The purpose of this study is to investigate the effect of free time management skills upon smartphone addiction risk in university students. The study follows a relational screening model of research and makes use of descriptive analyses alongside correlation and stepwise regression statistical methods. The study group consists of 591 university students. A glance at the findings indicate that the overall smartphone addiction risk in the study group is relatively low and that a statistically significant yet weak and negative relationship exists between smartphone addiction risk and free time management skills. Three out of the four sub-dimensions of free time management scale; namely "scheduling", "leisure attitude" and "goal setting" were found to be have statistically significant correlations with smartphone addiction risk at moderate, weak and weak levels respectively. Lastly, a stepwise regression test has shown that the "scheduling" sub-dimension alone is a significant predictor of smartphone addiction risk, explaining 15.2% of variance in scores. In conclusion, these findings may be interpreted as the possession of higher free time management skill in university students is associated with lower risk of smartphone addiction. The basis of this phenomenon may be inclination of some students to prefer spending all their free time using their smartphones, due to lack of management skills. The results have been further discussed further under the light of associated findings in the academic literature and implications for future research have been made.

Risk Intelligence as a Resource in Career Transition: The Role of College Satisfaction on the Visions about Future Jobs.

(1) Background: University transition is a critical step in career construction due to the uncertainty and unpredictability of socioeconomic conditions; these conditions compel people to manage a greater quantity of perceived risks associated with their career projects than in the past, and to face unexpected situations that could compromise their quality of life in educational and work contexts. After all, experiencing well-being during the university path can undoubtedly affect the visions of one’s future work, especially when a transition period is nearby. The present study aimed to explore the role of subjective risk intelligence in expectations about future work, analyzing the potential mediational role of academic satisfaction in this relationship. (2) Methods: A longitudinal study was carried out on 352 Italian university students at the end of the degree course. We used the following measures: in T1, Subjective risk intelligence scale, College Satisfaction scale; in T2, three items assessing the expectations about future work. (3) Results: The main findings showed that subjective risk intelligence has both direct and indirect effects (through the mediation of college satisfaction) on the expectations about future work. (4) Conclusions: The ability to manage risks, also through the contribution of domain-specific satisfaction, can lead to positive expectations toward one’s future work. This could increase the likelihood to perform career-related behaviors in a more proactive way if people have high risk management skills and high levels of academic satisfaction with their university path during transition.

Game-Based Learning in Project Sustainability Management Education

Projects and project-based activities account for over 30% of the global GPD and act as significant vehicles in the transition towards a more sustainable future. Sustainability strategies are typically enacted and implemented through projects in project-based organisations and firms. Incorporating sustainability principles into the project, product, and service management processes with successful project decision making is a challenging task and requires new personnel competencies and skills. Project sustainability management education requires the embedding of sustainability principles into project management education in a purposeful, integrative, innovative, and seamless manner. One way to facilitate this process is educational games. Active and experiential teaching methods will enable learning and practising complex project management activities in a simulative environment and are challenging at the same time. To extend knowledge of designing and using educational games for project sustainability management education, we explore the development and use of a novel educational game solution called the Project Business Game. It provides students and teachers with a computer game environment and game-based learning solution in which project planning, stakeholder management, cost management, decision making, and risk management skills can be enhanced by means of experiential, situational, and problem-based learning. The use of the game was explored in the context of educating European students of ‘Junior Expert in Circular Economy’ on a blended learning course in spring 2021. Action design research was applied as a research method. The results describe the requirements and goals for the instruction and the game design process based on these needs and experiences of the implementation. The findings indicate the strong suitability of using game-based learning methods to teach project sustainability management and create positive student experiences of achieving learning goals and improving engagement.

Reviewing two decades of research on the Forest School impact on children: The sequel

ABSTRACT Dabaja ([2021]. “The Forest School Impact on Children: Reviewing Two Decades of Research.” Education 3-13. doi:10.1080/03004279.2021.1889013) drew on the literature published between 2000 and 2019 to identify seven main impacts of Forest School on children and then outlined two of these impacts which pertained to social and cooperative skills and physical skills. Expanding on the latter work, this article aimed to shed light on the five remaining Forest School impacts: (a) learning performance and cognitive skills, (b) self-confidence and self-esteem, (c) emotional and mental wellbeing, (d) risk management skills, and (e) environmental awareness and sense of belonging. I then tapped into the findings of this review and other resources to advance a set of research suggestions in the Forest School realm.