Search results “New product risk management”
New Product Forecasting and Risk Assessment
Presented by: Ken Kahn, Director of Virginia Commonwealth University’s da Vinci Center and Paul O’Connor, Founder/Managing Director, The Adept Group To view the entire webinar, visit: http://budurl.com/7xls New product professionals are tasked with having to deliver new product forecasts and risks appraisals to senior management, both for business case evaluation and portfolio management inclusion. To do this most effectively, managers have a great need to understand how to execute unique elements of new product forecasting and risk assessment, especially compared to typical “best guess” methods. This sharply focused webinar will present the challenges of both new product forecasting and risk assessment, their deep relation to one another, key approaches toward successfully conducting them, and the best organizational practices toward each. The goal of this webinar is to provide keen insights for delivering and managing new product forecasts and risk assessments, and to lay out a clear path for improving and delivering these important new product measures. About the Presenters Ken Kahn Director of Virginia Commonwealth University's da Vinci Center Ken Kahn is a well-recognized expert and top scholar in the field of innovation management and market forecasting. Now a marketing professor at Virginia Commonwealth University, he is also Director of the University’s da Vinci Center, which offers a variety of programs in product innovation and venture enterprise creation. Paul O’ConnorFounder/Managing Director, The Adept Group As the founder and managing director of The Adept Group, Paul will share insights based on 30+ years of helping product development organizations improve their productivity. A leading voice in the discipline of product line roadmapping, Paul is widely published, teaches a wide range of master courses and workshops, and is a frequent speaker at professional organization meetings and corporate seminars.
Views: 1434 Sopheon
De-risk new product development and launch
See the full article at http://www.mindsheet.com/product-development-process/ There are three major areas of risk in the product development process when it comes to developing new hi-tech products: Technology risk Management risk Market risk We tend to dwell on the first two, because that is what you're aware of on a day to day basis. Will the technology work? Do you have good development and communication processes? Do you have the right people? is the project on track? and so on... But by far the biggest area of risk is the third one -- market risk. Think about it, you only really know if you've got a flop on your hand when you launch the new product into the market. By that stage, you've already spent all of the development budget. Watch the video to find out more - or go to http://www.mindsheet.com/product-development-process/ to see the full article.
Views: 2217 Raglan Tribe
Risk Management - Set Preview - FMEA, ISO 9001-2015, Mistake-Proof,
A preview to 360 Performance Circle's new Risk Management series. For the full story, check out our website here: http://www.360performancecircle.com/product/category/13/154/lean/risk-management Go beyond just initiating preventive actions to mitigating risks Confront the future of lean and quality with confidence. Address risk with practical tools. Engage risk at strategic, project, process, and product levels. Create intelligent contingency plans. Episode 29: Using Failure Mode and Effects Analysis (FMEA) to Manage Risks and Mistake-Proof Bring practical methods to risk management; Satisfy key aspects of the new ISO 9001 requirements Episode 30: Manage Risk at All Three Levels of the Organization Reduce risk in your products, processes, projects, and strategic decisions Your presenter Our subscription plan: Our videos are based on a one-year subscription for a physical site. This means you can deploy the videos to as many people associated with that site as you wish. They can be viewed in a classroom, at desks and work stations, at satellite offices, or even at home. See the entire series on lean! These two videos are part of a larger series on lean: "Creating and Sustaining Lean Improvements." And check out our videos using magic to illustrate many topics on lean and quality! FMEA got its start in the aerospace industry decades ago, and has been a requirement by many customers in many industries, but rarely has it been done well. It was always seen as a "quality" compliance tool, rather than a useful tool for making better decisions. Today, FMEA has grown to be associated with the lean tools of mistake-proofing and poka yoke. As the world focuses more on risk management, FMEA has become immensely valuable. To properly understand risk management, one must address it at multiple levels: Product, process, project, strategic, and company-wide. Go way beyond initiating preventive actions and focus on a holistic approach to manage and mitigate risks.
Views: 38251 360 Performance Circle
What Is Risk Management In Projects?
Watch this video to learn all about risk management in projects, as explained by a PMP. Try our Award-Winning PM Software for free: https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=WhatIsRiskManagementInProjects What is risk management? How is risk management in projects defined? What role does the Triple Constraint play in project management? These questions centered around risk management in projects are all answered in this brief video hosted by Director, Jennifer Whitt. Be sure to WATCH THE ENTIRE VIDEO and learn exactly what project risk management is, along with how and when to apply it. Learn about the Triple Constraint and how elements of risk can affect the scope, quality cost or time of a project. Jennifer also talks about the relationship between the project management plan and the risk management plan. What is entailed in the risk management plan? Basically, it's the (risk management) process or the determination of how to manage risk on the project. Risk management tools such as project management software, excel and templates are also a vital part of project risk management Plus, you'll learn about all the activities used to manage risk throughout the entire project. Want to know more? Watch this video on project risk management and then... Click the link below to CLAIM YOUR FREE 30 DAY TRIAL OF PROJECTMANAGER.COM https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=WhatIsRiskManagementInProjects SUBSCRIBE to our YouTube Channel here: https://www.youtube.com/user/projectmanagervideos
How can a company mitigate risks in new product development projects?
New product development projects, especially of the bold innovation type, can carry a lot of risk. In this video, Dr Robert Cooper discusses two methods that smart companies use to manage it. Dr Robert Cooper (www.bobcooper.ca) is known worldwide as the inventor of the ubiquitous Stage-Gate methodology for new product development (http://www.prod-dev.com/stage-gate.php). Through in-depth study of the world’s top performers for over 30 years, he has developed unparalleled understanding of what makes companies winners at the product innovation game.
Views: 949 Planisware
Video Product Risk Analysis
In this short video Leo van der Aalst explains the steps for conducting a Product Risk Analysis.
Views: 3940 TMapNextChannel
New Product Risk Analysis Interview Questions
Interview Questions for New Product Risk Analysis.What makes your comforts about an New Product Risk Analysis position?What was the critical condition you have experience as an New Product Risk Analysis?In your New Product Risk Analysis Chef job did you feel you improved agreeably?What steps do you follow to study a problem before making a decision?Example when you went above and beyond the call of duty.
Risk Management for Medical Products
Risk Management for Medical Products Selling biomedical products on international markets must be accompanied by proper risk management. Risks affiliated to individual biotech product must be identified and minimised. Remaining risk must be in responsible dimensions to account for liability of manufacturing company. Prospective project managers dealing with risk management must be in charge of tools to perform appropriate risk management. Here it is important to identify potential risks of biotech product and to be in compliance to international guidelines for risk control. This seminar deals with current methods in risk management and strategies for optimal application of templates for individual risk assessment. Here implementation of suitable in-process controls lead to improved discoverability of potential mistakes.
Views: 318 2012Biotech
Risk management for medical devices - ISO 14971
See a one hour FREE course on the same topic on www.gantus.com/iso14971. A short introduction to risk management for medical devices according to ISO 14971.
Views: 22958 Peter Sebelius
Types of business risk: product risk & market risk
For more business tutorials like this one on business risk types such as product risk and market risk, try my business apps: http://www.problemio.com In this video I discuss two types of business risk. The first kind of business risk is product risk. It is sometimes called technical risk. This kind of business risk has to do with the risk associated with you being able to create the product and put it out into the market. If it is costly or time consuming, or requires special skill sets, all that adds to the product risk because there are more things that can go wrong before you are able to put the product out into the market. The other kind of business risk is market risk. Every business has market risk. Market risk is the risk that the market (your potential consumers) will not like your product for one reason or another. And largely, you only learn about how much market risk you have after you launch your business. To decrease both of these kinds of business risk, try to choose business ideas that have less product risk, and are simple to prototype. And try to get feedback on your business ideas before you get started. Those two things will help you decrease not only your product risk, but also decrease your market risk because you will have more of a sense for how to market this business. I personally try to avoid companies that have product risk. These kinds of businesses have too much uncertainty. And there is already a lot of uncertainty when you start a business so I try to not add more risk to the business. Steve Blank often talks about weighing product risk vs. market risk when you plan and start a business. The theories in this video are largely based on the theories of Steve Blank who is a Stanford professor who also has over 20 years of business experience. And here are the links to the mobile apps I created which help you plan and start your business: Here is the Android business plan app: https://play.google.com/store/apps/details?id=business.premium iOS business plan app: https://itunes.apple.com/us/app/business-plan-and-coach/id554845193 And here is our 4-app business starting course on the Kindle: http://glowingstart.com/best-amazon-kindle-business-apps/ And here is our 4-app business starting course on the NOOK: http://glowingstart.com/best-nook-business-apps/ Freemium business model https://www.youtube.com/watch?v=8IqWwNLHIsU Business plan course https://www.youtube.com/watch?v=i19XAhb0-BM What is a business plan https://www.youtube.com/watch?v=T63QsuNIwZA What is a business model: https://www.youtube.com/watch?v=dsUz6lfXCkE How to make money with ads: https://www.youtube.com/watch?v=eAw7JowBjc8 Hiring tips and strategies: https://www.youtube.com/watch?v=LEPLs1dOBZg How to identify your target market: https://www.youtube.com/watch?v=loHvzCFnAvg What is KPI and how to use it in your business: https://www.youtube.com/watch?v=fx1x33DKmGc Do you need a business plan? https://www.youtube.com/watch?v=0kYxzkx6JJI How to price your product? https://www.youtube.com/watch?v=qN5No7ON5o0 The lean startup methodology by Eric Ries: https://www.youtube.com/watch?v=HYXTXHteY8Q Steve Blank's customer development theory: https://www.youtube.com/watch?v=_lkRDM8yXxU How to make money from a blog: https://www.youtube.com/watch?v=qrLvNkVVfZc How to deal with business competition: https://www.youtube.com/watch?v=SKcNJsybVsQ How to start a trucking company: https://www.youtube.com/watch?v=ql8jBXgDBT0
Hazard, Risk & Safety - Understanding Risk Assessment, Management and Perception
(subtitles available in English, French, Dutch, Spanish, Chinese and Russian, German, and a French version is available here: https://youtu.be/wRmfvFYDNr8) Hazard, Risk & Safety Danger, risques et sécurité Gevaar, risico's en veiligheid Peligro, riesgo y seguridad Опасность, риск и безопасность Gefahr, Risiko und Sicherheit We all hear these terms on a daily basis. So and so a chemical, physical or a biological agent poses a risk; This or that product is a hazard or behaving a certain way is unsafe. A lot of the time “hazard” and “risk” are freely used to mean the same thing. However they are not. Hazard is the potential to cause harm. Risk on the other hand is the likelihood of harm in defined circumstances. In a nutshell, hazard and risk are not always aligned as the risk depends on the exposure to the hazard ; similarly, risk, safety and perception of risk are not always aligned; this can make political decisions regarding safety levels difficult to make, in these cases it is especially important to base them on facts rather than on subjective perceptions. http://www.greenfacts.org
Views: 329909 GreenFacts.org
Innovation in Risk Management
Sreten Gajic on Innovation in Risk Management at the Global Innovation Conference
Views: 473 Sreten Gajic
LKNA13: Minimizing Risk When Launching a Product - Chris Shinkle
How does a business minimize the uncertainty and risk it faces when launching a new product to market? Markets are full of uncertainties with ever changing demands. New products are entering the marketplace all the time. These products cause severe turbulence and unexpected outcomes. Companies operate with scarce resources - time, budget, and information. In this environment, companies must be selective about the products in which they choose to invest. However, traditional funding models lead to risky project portfolios and missed opportunities. Companies who solely focus on improving practices and processes will not overcome these obstacles. They must develop new ways to evaluate projects, meet the ever-changing market demands, and ensure the right product is being built. Come listen to Chris as he shares how SEP is using Lean concepts to help clients improve decision. Hear how some simple tools have helped companies make smarter business decisions and take advantage of new opportunities. This presentation was given at the Lean Kanban North America 2013 conference in Chicago, IL. Please visit http://lkna.leankanban.com for Lean Kanban North America 2014. About the Speaker Chris Shinkle SEP Chris Shinkle is the Director of Innovation at Software Engineering Professionals (SEP). Since 1997, Chris has been a thought leader and initiator of new ideas and continuous improvement. He introduced and led SEP's adoption of Agile software development practices in 2004 as well as the adoption of Lean and Kanban in 2007. He has used these methods to lead large, complex projects, including military aircraft engine monitoring and maintenance systems and an FDA-regulated remote patient monitoring system. He continues to leverage industry leading techniques to train SEP engineers and coach clients across a variety of domains. Chris speaks at industry conferences across the United States promoting Lean and Kanban productivity. Chris's dedication to and understanding of Lean software systems led to his induction as an inaugural member of Lean Systems Society Fellowship.
Views: 182 LeanKanban
New Fit & Proper Requirements - Product Categories
New Product Categories ans Subcategories of Financial Products
Lesson 4 - Project risks 101 - what are the project risk types?  Learn project risk management
This video presents the key risk concepts in project management. You will learn quickly what the risks types in projects are, such as, risk event, uncertainty, types, and impact on projects. What is a risk? In my experience, I realized that there are a lot of misconceptions regarding the concept of risk. Some people think that all bad news are risks, this is not true. Also, some people believe every uncertainty is a risk, that is also not true. We can say that a risk has two components (1) It is an uncertain event, might or not happen, has a probability of happening. (2) has an impact on project objectives, that can be a positive or a negative impact. A project risk is an uncertain event that impacts project objectives or impacts the objective of one project activity, work package, deliverable, or the whole project. The word objective should be understood under the triple project constraint, that is scope, time, cost, plus quality. Some risks can affect the project as a whole called overall project risks, and another group of risks that affect individual activities or work packages called individual risks. Overall project risk represents the effect of uncertainty on the project as a whole, it represents the exposure of stakeholders to the implications of the event on the project outcome. The individual risks affect one or more project components. They are directly related to specifics objectives of individual tasks or work packages. The second very useful classification to identify and understand the risk consequences is related to the risk "nature." The four classifications are: (1) Event risks These risks are uncertain future events that may or not happen, and if it happens it will affect a task or work package objectives. I have heard several of my students saying that inclement weather is a risk. Inclement or severe weather condition is not a risk per se. It is for sure an uncertain event. It is a risk if it impacts a project task objective, can be task duration, task quality, task scope, or task cost. For instance, if a severe weather condition impacts the execution of an outdoor project task, it is a risk for the task. If the project is performed indoors, and the stormy wheater does not affect project task execution and outcomes, it is not a risk. This is the most common risk type, but there are others of different nature. (2) Variability risks The second risk is very well understood by people that work on quality management in manufacturing but not well considered in the project management field. It is called variability risk. It differs from event risk because it is not a single occurrence. Any work process has some level of variation, can be in task duration or outcomes. For instance, to paint the walls a room may take 4 hours in average. If the project is to paint 100 rooms in a hotel, we may estimate 400 hours, but the worker is not a machine. Naturally, the duration will vary maybe minus plus 10%. Therefore the duration may range from 360 to 440 hours. We can develop the same reasoning for cost and quality. Therefore, other things beyond single occurrence risk can affect project objectives. (3) Ambiguity risks Ambiguity risk is related to a known, an obvious lack of knowledge in project tasks. It means that the project team knows that they do not have all information or knowledge about a task. For instance, I have worked on several software development projects. The initial step of these projects is to gather the user's demands and requirements. The project team usually knowns that it is impossible to have a formal specification that reflects integrally what the users need in the software. Therefore, it is widely known the user specification is always incomplete, regardless of the effort and dedication of the project team. This is an authentic situation in which the ambiguity risk is present. The better way of mitigating this type of risk is to conduct a prototype analysis and validation once the project team advances on the software development. (4) Emergent risk The fourth risk type is what can is called unknown-unknown risks. However, I like the definition adopted by Dr. David Hillson, emergent risk to define unknown-and-unknowable unknowns. These are risks entirely outside the project team radar. The team just know that something can happen and interfere with the project execution and outcome. For instance, imagine a farmaceutical drug development project when a competitor launches new medical with a cutting-edge technology the provides much more benefits than the product in development. It is a risk completely outside of the project team knowledge framework, impossible to be known in advance. The critical challenge is to identify essential business functions and critical tasks and develop a continuity plan in case of disruption. Business continuity strategies are beneficial to deal with unknown-and-unknowable risk.
Views: 226 Americo e-Learning
Chapter 11 New Product Example
Adding Risk or Uncertain to New Product Development Models
Views: 153 Tom Rankin
Mitigating and Managing Risk for Medical Device Product Development [Polarion Webinars]
Thank you for watching our webinar teaser. View the full recording here: https://www.polarion.com/webinar-on-demand/Mitigating-and-Managing-Risk-for-Medical-Device-Product-Development?utm_campaign=YT2015&utm_medium=social&utm_source=youtube The development of safety-critical medical devices presents special challenges at every step, from product conceptualization through design, development and testing, to regulatory approval and post-market oversight and support. Polarion's interactive webinar will help regulatory, quality and R&D professionals understand the special issues of product development and how they relate to risk management in a regulated environment, including EN ISO-14971.
Views: 144 PolarionSoftware
Risk Control Measures in Medical Device Development
Listen as Dr. David Vogel of Intertech Engineering discusses the different levels of risk controls available to medical device development teams during the product development lifecycle, as recommended in ISO 14971. Different levels of risk control are appropriate for different severities of potential harm or hazard to the end user.
Views: 410 seapineview
(4) EPICS Detailed Design - Risk Assessment
Detailed Design Module.
Views: 364 EPICS
Innovation Project Risk
innovation involves risk, yet we have tools to help manage those risks. Some tools include the product innovation charter, structured NPD process (stage-gate), and product portfolio management. Read the full post at www.globalnpsolutions.com.
Views: 104 Global NP Solutions
Risk Management in Medical Devices
Two types of risk managed by medical device companies: user risk and project risk.
Views: 225 Strategy2Market
21RISK - Dynamic Risk Management
Meet a new era in Dynamic Risk Management and get a 90 second introduction to our product. www.21RISK.com Rev: V2
Views: 226 21RISK
Product Management View Webinar Series - Assessing and Managing Risks of Product Portfolios
VIEW THE FULL PRESENTATION HERE http://grandview.rymatech.com/2006/119-assessing-and-managing-risks-of-product-portfolios.html This topic outlines the key elements of risk assessment and management within the context of product portfolio management by extending the standard investment portfolio management framework and answering the following questions: · How to tie Risk Assessments to Portfolio Prioritization? · Risk vs. Reward or Return, Balance, and Strategy Alignment? · Is there an 'Efficient Frontier' for New Product Portfolios? · What are appropriate Measures of Risk? · How to integrate Risk Assessments for Portfolio and Project Management?
Views: 247 rymatech
Better Manage Risk to Overcome Perfect Product Limitations
Improving your risk management practices as part of the product development process is a key takeaway for organizations looking to overcome limitations in building the "perfect product." In this short video, Anthony Washington outlines 3 necessary steps to begin better managing risk within the product development lifecycle.
Views: 53 seapineview
Consumer Products - Managing Risk
This presentation looks at the issues facing retailers importing consumer product manufactured outside the EU. It looks at the legal obligations for placing them onto the market and the responsibilities of the importer and retailer. It reviews the risks associated with these products and the steps that can be taken to ensure that the risks are minimized and product issues such as complaints & returns are managed. The aim being to help you protect yourself and minimize the risks when importing these types of products. http://www.tuv-sud.co.uk/uk-en/activity/product-certification/european-approvals/ce-marking http://www.tuv-sud.co.uk/uk-en/activity/testing/safety-testing To find out about our other available training courses, please click here: http://www.tuv-sud.co.uk/uk-en/activity/training
How to manage risks in Scrum
The first module of the Seventh Chapter Risk is called What is Risk? This section defines risks and explains how it can be affect the objectives of a project and contribute to the success or failure of a project .
Views: 1587 ScrumStudy
New Product Development Process
Both entrepreneurs and large companies turn to Focus for their product development challenges. Their proven 3-phased approach helps reduce the risk of a bad investment, while best preparing your new product for success. For more info on the New Product Development Process visit: http://www.focuspdm.com/
Views: 1180 Product Design
FMEA Risk Analysis in Product Development [Polarion Webinars]
Full recorded webinar at https://www.polarion.com/webinar-on-demand/fmea-risk-analysis-in-product-development?utm_campaign=YT2015&utm_medium=social&utm_source=youtube Learn more about how Polarion products can help you with FMEA Risk Analysis, how you can eliminate relying on FMEA spreadsheets and how Risk Analysis does improve Product Development and Quality, including a guided tour with live demonstration of Polarion Portal. The full webinar includes: discussion of FMEA concepts, round-trip FMEA Risk Analysis with MS Excel, using FMEA Risk Priority scoring in Polarion, using Web Collaboration to make Risk Analysis open and visible, and integrating FMEA with Requirements, Development, and Testing Artifacts. http://www.polarion.com
Views: 2300 PolarionSoftware
Medical Device Product Development: the process is more than design controls
Product development is a complex process, which requires integration of business and technology to deliver a successful product. Medical devices must also follow the requirements of design controls, which are based on engineering best practices for product development. We often see companies using the required elements of design controls as their product development process, at the risk of ignoring the business elements needed for a successful product. Learn more...
Views: 894 Strategy2Market
Enterprise Risk Management Product Tour Video
In order to be effective, risk managers need an ERM framework that can supply an always up-to-date and comprehensive snapshot of a complete risk profile. To find out more about Wdesk for Enterprise Risk Management, visit https://www.workiva.com/solutions/enterprise-risk-management.
Views: 641 Workiva
Lean Product Development
OEM Lean101-Product Development course will launch August 17, 2012. Go to http://LikerLeadership.webexone.com Contact George to make arrangements to purchase the course. [email protected] The outline of the course is as follows; 1) Lean Thinking, 2) Lean Meetings, 3) Lean Project Management, 4) Market Requirements Events, 5) Project Planning Events, 6) Risk Management. George Trachilis helped Ron produce this course.
Views: 3836 George Trachilis
Introduction to New Product Development
How much of your revenue comes from products developed in the last three years? How does your company or new venture go about developing new products? How can you maximise your return on investment in this area? Well managed New Product Development can cement the future success of a company or new venture. In contrast, poorly conceived and developed products can have catastrophic consequences. This one hour webinar will introduce major concepts in New Product Development, and some habits of highly effective organisations. Key topics to be covered include: • Product portfolios • The product lifecycle • Design led thinking • Managing risk, quality and opportunity • Managing product development teams Presented by Robert Geddes, Australian Institute for Commercialisation (AIC)
Views: 2034 QMISolutions
Business planning series - Part 6: legal and risk management
The legal and risk management area of your business plan includes information about your business structure, name registration and required licences and permits. It also identifies risks that could affect your business and sets out how you will deal with them. Watch our short webisode to learn more. Tasks: Choose the best legal structure for your business https://www.business.qld.gov.au/business/starting/starting-a-business/establishing-your-business/business-structure Learn about registering a business name https://www.business.qld.gov.au/business/starting/starting-a-business/business-name Find the right licences and registrations for your business https://www.business.qld.gov.au/business/starting/business-licensing/licences-and-registrations Learn how to seek professional advice https://www.business.qld.gov.au/business/starting/before-you-start/turning-idea-into-business/professional-advice Read how to prepare a risk management plan https://www.business.qld.gov.au/business/running/risk-management/risk-management-plan-business-impact-analysis Watch Part 7: business operation planning https://www.youtube.com/watch?v=eASIE1WmqwU Connect with us: https://www.facebook.com/businessqldgov https://twitter.com/Businessqldgov
Views: 287 BusinessQldGov
Strategy development
Product Management 101 is an overview of the work of product management - from market intelligence and strategy to new product development. The course has been designed for product managers with 0-5 years of experience, and through a series of lectures we will share industry best practices that span the spectrum of product management work. We will follow this later with Product Management 102, which will focus on lifecycle management, i.e. managing an in-market product or service. https://goo.gl/O1pacN
Views: 771 CHANGE LIFE
Demand Planning for Managers: Part 4 - New Product Introduction
This is the final part of 4 presentations constructed to help Business Managers understand how to best use statistical forecasts as part of an overall Demand Planning Process. Part 4 provides an overview of how a company can use statistical forecasting in an environment that needs to manage a lot of New Product Introductions. It talks about the challenge of applying statistical forecasts in this situation, and provides strategies to deal with the problem. The session covers data management, forecasting techniques, and lesser known algorithms that can be effective especially for High Tech companies. Visit: http://adexa.com/solution/collab... for more information
Views: 2034 Adexa, Inc.
Lecture - 25 Introducing New Products & Services
Lecture series on Project and Production Management by Prof. Arun kanda, Department of Mechanical Engineering, IIT Delhi. For more details on NPTEL visit http://nptel.iitm.ac.in
Views: 17685 nptelhrd
Structured Credit Products.  History, Pricing, and Risk Management.  Guest:   Mr. Fabrice Tourre
Mr. Fabrice Tourre, former Vice President and Co-Head of European Structured Credit Trading at Goldman Sachs and currently a Ph.D. student in economics at the University of Chicago. Mr. Tourre was involved in the structuring of the famous Abacus CDO that was shorted by hedge fund manager, John Paulson. After the financial crisis of 2008, the SEC brought a suit against Goldman Sachs and Tourre for misrepresentation on the Abacus CDO. Goldman Sachs settled the case for $550 million in 2010. The case against Fabrice Tourre went to civil trial, where he was ordered to pay $825,000 in penalties after a jury found him liable for nondisclosure of information. Mr. Tourre, one the experts in CDOs, discusses the structured credit market and the role it played in the financial crisis of 2008. He also gives students his words of advice for their careers. Q&A Begins at: 01'11'05". For more info: www.ludwigbc.com To get the book Crisis of Crowding: http://www.amazon.com/gp/product/1118250028/ref=as_li_qf_sp_asin_il_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=1118250028&linkCode=as2&tag=wwwludwigbcco-20
Views: 3874 Ludwig Chincarini
16. Portfolio Management
MIT 18.S096 Topics in Mathematics with Applications in Finance, Fall 2013 View the complete course: http://ocw.mit.edu/18-S096F13 Instructor: Jake Xia This lecture focuses on portfolio management, including portfolio construction, portfolio theory, risk parity portfolios, and their limitations. License: Creative Commons BY-NC-SA More information at http://ocw.mit.edu/terms More courses at http://ocw.mit.edu
Views: 392644 MIT OpenCourseWare
Risk Management-Using Failure Mode and Effects Analysis to Manage Risk-Learning Objectives and Intro
A clip of the learning objectives and intro chapter of 360 Performance Circle's new episode: Risk Management-Using Failure Mode and Effects Analysis (FMEA) to Manage Risks and Mistake-Proof For the full story, check out our website here: http://www.360performancecircle.com/product/category/13/154/149/lean/risk-management/using-failure-mode-and-effects To follow us on Twitter, head over to: https://twitter.com/360PCircle Go beyond just initiating preventive actions to mitigating risks Confront the future of lean and quality with confidence. Address risk with practical tools. Engage risk at strategic, project, process, and product levels. Create intelligent contingency plans. This clip is from a two episode series on Risk Management: Episode 29: Using Failure Mode and Effects Analysis (FMEA) to Manage Risks and Mistake-Proof Bring practical methods to risk management; Satisfy key aspects of the new ISO 9001 requirements Episode 30: Manage Risk at All Three Levels of the Organization Reduce risk in your products, processes, projects, and strategic decisions Your presenter Our subscription plan: Our videos are based on a one-year subscription for a physical site. This means you can deploy the videos to as many people associated with that site as you wish. They can be viewed in a classroom, at desks and work stations, at satellite offices, or even at home. See the entire series on lean! These two videos are part of a larger series on lean: "Creating and Sustaining Lean Improvements." And check out our videos using magic to illustrate many topics on lean and quality! FMEA got its start in the aerospace industry decades ago, and has been a requirement by many customers in many industries, but rarely has it been done well. It was always seen as a "quality" compliance tool, rather than a useful tool for making better decisions. Today, FMEA has grown to be associated with the lean tools of mistake-proofing and poka yoke. As the world focuses more on risk management, FMEA has become immensely valuable. To properly understand risk management, one must address it at multiple levels: Product, process, project, strategic, and company-wide. Go way beyond initiating preventive actions and focus on a holistic approach to manage and mitigate risks.
How to avoid the pitfalls of Product Development | Philips Innovation Services
Philips Innovation Services can help you uncover the three main pitfalls of Product Development, and build a more successful product. Find out how now: https://www.innovationservices.philips.com/startup-ventures/ Building a successful product means dodging the unknown dangers of product development. Philips Innovation Services can help uncover the three main pitfalls that could stunt your product’s growth. ____ Pitfall #1 – Thinking you know your market well enough Hoping your product has potential is different to knowing its value to your customers. Even if your product could help customers, certain regulations may stop you selling it to them. Solution – Understand your market, not just your product. Focus on the value of your product, and understand the risks of the regulatory system it will be part of. ____ Pitfall #2 – Taking short cuts Imagine exploring a corridor full of doors that slowly narrows. The doors are the different decisions you could take. Don’t rush ahead and ignore important decisions – you can hit a dead end, and it can be expensive to go back. Solution – Seek out and face your potential challenges head on. Thinking you can solve problems later is risky. Address potential issues early, while you have time and money. _____ Pitfall #3 – Getting too attached to your prototype Your first idea won’t be your best idea. Don’t fall in love with it, as your end product will look very different. Solution – Have an open and explorative mind. By the time something gets to market (which could take years) demand may have changed. Develop a prototype that offers flexibility, while you discover what the market wants. Together, we won’t just get your product to market – we’ll make sure you develop the best possible product for your customers. Don’t be scared of uncertainty. Embrace it, as soon as possible. Good luck!
IPDMC 2013 - Re-enchanting Technology
The 20th International Product Development Management Conference (IPDMC) will be held from Sunday June 23rd to Tuesday 25th June, 2013 at Dauphine University and MINES ParisTech in Paris, France. IPDMC has established itself as a leading annual international event in its field. Papers presented at the meeting include subjects that cross business disciplines : new product development, design-driven innovation, user involvement, risk management, technology management, new product marketing, platform management, ecosystems, creativity, entrepreneurship,... A doctoral workshop is also organized on June 22nd and 23rd. The special theme for our conference will be "Re-enchanting Technology", inspired by the emergence of new forms of collaboration between science, technology, art and business, which makes technology a means of renewal for individual and collective imaginaries.
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CE Marking Mechanical Engineering | Practical Risk Assessment | #3
At the Invest NI CE Marking Mechanical Engineering seminar Paul Laidler, Business Director for Machinery Safety, TUV SUD Product Services discusses Practical Risk Assessment. Find our more information at http://www.investni.com/ce-marking-compliance.html Visit Our Website: http://www.investni.com/ Follow Invest NI on Twitter: https://twitter.com/investni Like Invest NI on Facebook: https://www.facebook.com/investni
Product Manager vs Project Manager - Project Management Training
Jennifer Bridges, PMP, explains the differences between a product and project manager. Try our award-winning PM software for free: https://www.projectmanager.com?utm_source=youtube.com&utm_medium=social&utm_campaign=productvsprojectmanager Though a product and a project manager's titles may sound similar they're in fact responsible for different aspects of the job, though their duties do intersect.