An information booklet providing guidance and explanation on research Coursework

An information booklet providing guidance and explanation on research techniques and methodologiesdesign suitable for an area of professional practice - Coursework Example Risk analysis and risk assessment are concepts that are interchangeable and they form the basis of risk management. It's an ongoing process where: Assets are identified and valued. Vulnerabilities associated with an asset are identifiedand their severity is assessed. Threats are identified and chances of their occurrenceare assessed. The threat and vulnerability relation isexamined which might result in the manifestation ofany risk. Policies are used in accordance with the impact of thisrisk manifestation. Existing controls are defined and corrective actions areproposed so that the impact of any risk is reduced to thelevel that can be accepted for a particular environment. So Risk Management can be defined as a continuous process of planning, implementation of those plans , promoting awareness and monitoring of security measures to mitigate, transfer, eliminate or control to an acceptable level. Various objectives of the risk management process include: The aim of risk management is "reduce business exposure by balancing counter measures investment against risk"(Birch&McEVOY,1992;45) The purpose of risk management is "to minimise the expected loss"(Suh &Hun,2003:150). The goal of risk management is "select risk mitigation, risk transfer and risk recovery measures so as to optimise the performance of an organization"(Jacobson,2002;1) IMPORTANCE OF RISK MANAGEMENT It is easy to manage an organisation when all things are at its place, but during crucial times of risk management, the job becomes tough. Then comes the tough managerial Decision Making. Cooperation is required in such times from all the sectors of the company. Treating risks after...Both the words sound daunting, but they have simple meanings in the field of research. Epistemology can be defined as the "study of knowledge and justified belief" .When epistemology is considered as" the study of knowledge", it is concerned with questions like: what are the sources of knowledge what are the conditions of knowledge What are the structure and limits of knowledge. When it epistemology deals with ' justified belief", it asks questions like what makes beliefs justified Whether justification is external or internal to one's mind to sum it up, Epistemology deals with the creation ok knowledge and dissemination of knowledge. "Any research can be affected by different kinds of factors which, while extraneous to the concerns of the research, can invalidate the findings" (Seliger & Shohamy 1989, 95).The primary responsibility of any good researcher should be controlling the factors that might hamper the validity of a research. This map draws the metaphor of a journey through the road which shows how research is similar to a journey that begins from conceptualisation and the aim and ultimately the journey ends at the conclusion. To achieve expertise in Risk management for..,the research approach, application and the appropriate research questions are vital.

Leadership power Essay Example | Topics and Well Written Essays - 500 words

Leadership power - Essay Example There is a notable correlation between power and leadership. Hersey, Blanchard and Johnson (1996) define power as the ability to control other people or things. In other words, power is the potential to influence. It has been evidenced that leaders have power over people or things that they lead. According to Bass and Bass (2009), leadership is often conceived as an exercise of power. Leadership and power have often been utilized to influence the behavior of people. According to the behavioral theory, a leader is thus analyzed by what one does and how they behave. In the same way, it can be evidenced that power is usually concentrated to a few select persons. Very few organizations take the chance to teach selected few of the manner in which to make effectively use the power that they possess. Leaders have various bases of power unto which they leverage, including the power of position, power of charisma, power of relationships, power of information, power to reward others, and power of expertise, as well as power of punishment. There are five different types of power. First is legitimate power. It is also known as official or position power. This power comes from the rules of the organization. It offers the leaders the power to punish and reward, along with controlling organizational resources. This type of power maintains discipline and order in the society. Second is coercive power, which entails the use of negative influences. The most common coercion tools are threats and punishment. This makes it the least effective form of power since it builds resentment and resistance. The third type of power is referent power. It is the ability to attract others and build loyalty. It is usually based on the interpersonal skills as well as the charisma of the power holder. Fourth is expert power. It is the authority of knowledge that arises from specialized learning. A