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Message from the Director

ERI will be at the Theory of Constraints International Conference, 6 – 9 September 2015, Cape Town, South Africa to present on the topic of Risk and ToC.

For more information, go to the conference Website at <http://www.tocicoevent.co.za/>.


Gone are the days when stove-piped management of risk is sufficient. Recent events all over the globe have shown the need for a systems-of-systems and enterprise-systems approach in dealing with modern-day emerging risks. In 2009, the Emergent Risk Initiative (ERI) was established at Old Dominion University with the vision of creating the next generation body of knowledge in risk management for current and future systems and organizations characterized by uncertainty, emergence, complexity, and interdependence. Our Mission is to prepare future researchers, educators, practitioners, and entrepreneurs to the challenges of managing risks in the ever-changing global environment. We are working towards this mission through three objectives:

  Research - To bridge the bodies of knowledge in engineering, business, public policy, and other disciplines towards managing emerging risks

   Education - To provide the highest quality learning and training contents in managing emerging risks

  Outreach - To develop next generation tools and techniques for today’s risk managers

Our strategy in accomplishing these objectives is to leverage the entire collective capabilities of our members in synergistic collaborations.

 C. Ariel Pinto
Director, Co-Founder


Fall 2013 Updates

Michael McShane on National Public Radio (Hearsay with Kathy Lewis) Mother Nature has spared U.S. coastal cities from devastating hurricanes this season..........Dr. McShane on Radio

Climate change and rising sea levels have far reaching impacts on our coastal community, but.........Dr. Michael on Radio

GEICO Presents Achievement Awards to ODU Business Students A Gecko was spotted in Old Dominion's Constant Hall on May 31, Know More about him here 

Business Prof is Co-Author of Cover Story in Nature Climate Change Journal An article about changes in the flood insurance system in the United Kingdom, co-authored by Old Dominion......Cover Story in Nature Climate Change Journal

CLIMATE: The Slowing Gulf Stream Coastal events like Super-storm Sandy will become more problematic due to.........Risk and Insurance Magazine

The Hampton Roads Business Journal: Coastal Insurance rates Rising Coastal insurance rates continue to climb for a variety of reasons like........Coastal Insurance Rates Rising

European Connection for CCSLRI Inundation Threat Research The reporter who came to Old Dominion last week to interview oceanography professor....European Connection for CCSLRI Inundation Threat Research

Research Combine Expertise in Finance, Geography to compare Flood Insurance Systems in U.S. and Great Britain The goal of ODU's Climate Change and Sea Level Rise Initiative is to...Foster Research 

Virginian Pilot Editorial Who pays the cost of flooding? By Michael McShane and Diane Horn... Read More



 

News

 
Let us welcome the latest member of the ERI team, Dr. Luna M. Magpili, Associate Professor at the Engineering and Technology Management Program at Washington State University 
 
 
 
 
 
 
 
 
 
 
 
 

Pinto & McShane got FM Global Grant

Ariel Pinto and Michael McShane (ODU) received a grant from FM Global to develop instructional modules in Loss Prevention & Control.  

FM Global is a U.S.-based insurance company, with offices worldwide, that specializes in loss prevention services primarily to large corporations. The company uses a non-traditional model whereby risk is determined by engineering analysis centered on the notion that significant losses can be prevented by sound engineering practices.

Picture (L-R): Ariel Pinto, Brion Callori. Sr. Vice President Engineering and Research at FM Global, and Michael McShane

 

ERI goes to Asia

 
 
Ariel Pinto will be at the Asia Finance and Risk Mitigation Forum 2012, Philippines 30 April 2012 hosted by the Asian Development Bank.
For more details, visit their site.
 
 
 
Ariel will also be at the University of Kitakyushu in August to deliver a series of lectures for an intensive course, sponsored by ODU Office of International Programs
 

Did you miss this? You can now watch the archived video.

Click here for archived video
 
 
 

Fall 2011 Updates

 

ERI@ODU in Risk Management magazine, September 2011 issue, pps 24-30. After appearing in the newsletter of the premier academic association for risk management (The American Risk Management and Insurance Association—ARIA), the Emergent Risk Initiative at Old Dominion University (ERI@ODU)  is described in the top magazine of risk management practitioners.
 

The Next Generation by Emily Holbrook

 

 

Summer 2011 Updates

 
ERI featured in ARIA Newsletter – American Risk and Insurance Association (ARIA) is the top academic association in finance and insurance area of risk management and sponsors the top-notched Journal of Risk and Insurance.  | ERI article | Entire ARIA Newsletter |

 

Risk paper published in JHSEM – Michael McShane, Ariel Pinto, and Abhishek Pathak (ODU) recently published a paper titled Delayed-Bang Approach Towards More Sustainable Critical Infrastructure Risk Management in the Journal of Homeland Security and Emergency Management | article |

 

Risk paper forthcoming in JAAF - Michael McShane, Anil Nair, and Elzotbek Rustambekov (ODU) have a forthcoming article titled Does Enterprise Risk Management Increase Firm Value? in the Journal of Accounting, Auditing, and Finance | abstract |

 

 

 

ERI Presents Idea Fusion in Action – ERI recently hosted several presentations in Enterprise Risk Management (McShane), Role of Strategic Risk Management in ERM (Nair), Engineering Management and ERM (Pinto), Outsourcing Risk (Jimmy Gandhi), and Risk and Business Continuity (Theresa Kirchner)

 
ERI & Sea Level Rise - together with others at ODU, ERI is playing a role in tackling the risks of sea level rise, as recently featured in the Monarch Magazine (Spring 2011, page 29) | link |

Gone are the days when stove-piped management of risk is sufficient. Recent events all over the globe have shown the need for a systems-of-systems and enterprise-systems approach in dealing with modern-day emerging risks.
 
 
The Emergent Risk Initiative (ERI), based at Old Dominion University, envisions the creation of the next generation body of knowledge in risk management for current and future systems and organizations characterized by uncertainty, emergence, complexity,  and interdependence.

Mission: To prepare future researchers, educators, practitioners, and entrepreneurs to the challenges of managing risks in the ever-changing global environment

Objectives:

  • Research - To bridge the bodies of knowledge in engineering, business, public policy, and other disciplines towards managing emerging risks
  • Educations - To provide the highest quality learning and training contents in managing emerging risks
  • Outreach - To develop next generation tools and techniques for today’s risk managers

Strategy: ERI's strategy in accomplishing its objectives is to provide opportunities and leverage Team member’s capabilities towards synergistic collaboration. .

 

 
 
 
 

ERI dips into Sea Level Rise

 

ERI and the newly established ODU Climate Change and Sea Level Rise Initiative joined forces to look into the risk brought by climate change.  A colloquium series titled Demystifying Risk of Climate Change and Sea Level Rise will serve as a venue for individuals from various perspectives to come together and discuss their view on this emerging risk.  The first of these colloquia will be held on March 17 and will be facilitated by Ariel Pinto (ODU). On how to participate, see event flyer

Q: Why so many at ODU are interested in climate change ans sea level rise (CCSLR)?

A: Because ODU is in Norfolk, Virginia. Watch video about Norfolk and CCSLR

 
 

ERI at ASEM 2010

Several papers by ERI researchers were presented at the 2010 Annual Conference of the American Society for Engineering Management. These include

Risk and system-of-systems: toward a unified concept (McShane, et al.)

Goal approach to risk scenario identification in systems development (Pinto, et al.)

Project and risk management:  a systematic approach (Alali, et al.)

An evaluation of risk management courses offered in engineering management programs across the United States (Gandhi, et al.)

Towards a better understanding of procurement risks (Gandhi, et al.)

Development of a framework to evaluate human risk towards sustainable risk management (Jaradat, et al.)

[11/02/2010]
 
 
This site is maintained by ariel pinto at cpinto@odu.edu. Last updated 5 Nov 2010.
Subpages (1): Loss Control Engineering