Wiley Finance: Managing Risk and Performance: A Guide for Government Decision Makers

Wiley Finance: Managing Risk and Performance: A Guide for Government Decision Makers

Thomas Stanton, Douglas W. Webster

Language: English

Pages: 332

ISBN: 2:00232577

Format: PDF / Kindle (mobi) / ePub

Wiley Finance: Managing Risk and Performance: A Guide for Government Decision Makers

Thomas Stanton, Douglas W. Webster

Language: English

Pages: 332

ISBN: 2:00232577

Format: PDF / Kindle (mobi) / ePub


Discover analytical tools and practices to help improve the quality of risk management in government organizations. Federal agencies increasingly recognize the importance of active risk management to help ensure that they can carry out their missions. High impact events, once thought to occur only rarely, now occur with surprising frequency. "Managing Risk in Government Agencies and Programs" provides insight into the increasingly critical role of effective risk management, while offering analytical tools and promising practices that can help improve the quality of risk management in government organizations.Includes chapters that contribute to the knowledge of government executives and managers who want to establish or implement risk management, and especially Enterprise Risk Management (ERM), in their agencies. Features chapters written by federal risk managers, public administration practitioners, and scholars

Showing government officials how to improve their organization's risk management capabilities, "Managing Risk in Government Agencies and Programs" meets a growing demand from federal departments and agencies that find themselves increasingly embarrassed by risky events that raise questions about their ability to carry out their missions.

Fundamental Analysis and Position Trading: Evolution of a Trader (Wiley Trading)

The Great American Dividend Machine: How an Outsider Became the Undisputed Champ of Wall Street

A Wealth of Common Sense (Why Simplicity Trumps Complexity in Any Investment Plan)

The Debt Resisters' Operations Manual (Common Notions)

 

 

 

 

 

 

 

 

 

 

 

permission. to be delivered (product/service attributes, quantity, quality, timeliness, etc.), the costs to provide those benefits, and the risks to achieving expected benefits and costs, and ultimately objectives. Information technology can have a supporting role in getting the right information for costs, benefits, and risks to the right people at the right time to enhance the decision-making process. By improving the flow of information, information technology can facilitate decision making

futures. Accountability Challenges Posed by Third-Party Governance In the United States, the dependency on other actors beyond government for program impact goes beyond the behavioral responses described above. Due to long-standing ambivalence about federal power and bureaucracy, policy makers often condition the growth of the federal role on the widespread use of independent public and private actors to actually manage and deliver these federally funded initiatives. As Lester Salamon (1989 and

governance patterns and strategies remains underdeveloped. Paul Light has shown how impoverished are our metrics about the size and scope of the federal government by revealing how limited are the numbers of direct federal employees as a gauge of federal activity. Light’s research in fact suggests that the true size of the federal workforce is not 1.8 million as the federal government’s figures portray, but perhaps (no one knows for sure) nearly 17 million when the various private and public

services either not actually provided or medically unnecessary. The “rents” that providers gain represent income conferred not by markets but by their status as providers of government programs. The dependence of third parties on public subsidies can become an important constraint on an agency’s decisions in both overseeing program compliance and choosing more promising providers or projects. Thus, for instance, the political choices associated with federal weapons or space projects become

will internal controls need to be modified to meet current and future needs. In a turbulent environment, there is thus a greater likelihood that existing internal controls will be out of date and inadequate to meet current needs. The gap between yesterday’s internal controls and today’s needs, caused by always playing catch-up in a changing environment, is a source of risk that is inadequately addressed through a static internal controls program. Functional Enterprise-Wide Risk Management Some

Download sample

Download