INTELLIGENT RISK MANAGEMENT - A NEW PRINCIPLE IN RISK MANAGEMENT BASED ON USING BI IN RM

Valentin Petru Măzăreanu ()
Additional contact information
Valentin Petru Măzăreanu: “Alexandru Ioan Cuza” University of Iasi

Journal of Information Systems & Operations Management, 2010, vol. 4, issue 2, 56-62

Abstract: The need for a system able to store information about the risks faced by the organization along its entire existence, the history of decisions on past risk management activities (along with an analysis of the implications of those decisions – “lessons learned”) and able to record and analyze business information from external environment and provide various patterns on the evolution of market phenomena is undeniable. Business intelligence does so. The practice of implementing a business intelligence system since the earliest days of a company’ life that would assimilate information and after that to deliver these to be used in the process of reducing the risks to which the organization is exposed may be considered a new rule of good business practice. Therefore, let us consider this practice a new principle in risk management, named the intelligent risk management.

Keywords: risk; BI; intelligence; approach; principle (search for similar items in EconPapers)
Date: 2010
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.rebe.rau.ro/RePEc/rau/jisomg/WI10/JISOM-WI10-A5.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rau:jisomg:v:4:y:2010:i:2:p:56-62

Access Statistics for this article

More articles in Journal of Information Systems & Operations Management from Romanian-American University Contact information at EDIRC.
Bibliographic data for series maintained by Alex Tabusca ().