Aligning risk management and compliance considerations with business process development

Martijn Zoet*, Richard Welke, Johan Versendaal, Pascal Ravesteyn

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference Article in proceedingAcademicpeer-review

Abstract

The improvement of business processes, to date, primarily focuses on effectiveness and efficiency, thereby creating additional value for the organization and its stakeholders. The design of processes should also ensure that its result and the value obtained compensates for the risks affecting this value. In this paper the different kinds of risk affecting a business process are introduced, after which solutions to the problem of risk mitigation are discussed, resulting in a proposed framework to mollify these risks by incorporating a class of risk-mitigation rules into business process development.

Original languageEnglish
Title of host publicationE-Commerce and Web Technologies - 10th International Conference, EC-Web 2009, Proceedings
PublisherSpringer Verlag
Pages157-168
Number of pages12
ISBN (Print)3642039634, 9783642039638
DOIs
Publication statusPublished - 2009
Externally publishedYes
Event10th International Conference on E-Commerce and Web Technologies, EC-Web 2009 - Linz, Austria
Duration: 1 Sept 20094 Sept 2009

Publication series

SeriesLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume5692 LNCS
ISSN0302-9743

Conference

Conference10th International Conference on E-Commerce and Web Technologies, EC-Web 2009
Country/TerritoryAustria
CityLinz
Period1/09/094/09/09

Keywords

  • Business Processes
  • Business Rules
  • Governance
  • Regulatory Compliance
  • Risk Management

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