Sustainability factors should be considered by managers like any other business risk issue; these factors are expected to have a substantial impact on corporate management. Air transport corporations need a strong sustainability management framework to effectively manage economic, environmental and social risks to achieve their corporate sustainability objectives, and to meet their stakeholders' demands. This book offers a new Enterprise Sustainability Risk Management (ESRM) model to fulfill these requirements. In the model presented, the triple bottom line (TBL) agenda is incorporated into the companies' sustainability management. ESRM deals with the environmental, social, and ecological risks as well as the strategic, economic, operational, and threat risks of companies. The best corporate sustainability strategies and management approaches require the consideration of all corporate risks in both a holistic and systematic way. Flouris and Kucuk Yilmaz present an effective way to manage sustainability risks via a new, well-designed, integrated, dynamic and flexible framework. It introduces an opportunity for turning risks into potential corporate advantages. Risk Management and Corporate Sustainability in Aviation is addressed to professionals, students and researchers within air transportation business management and risk management.
Recenzijos
'Risk Management and Corporate Sustainability in Aviation is both relevant and well written. It is an excellent book for any academic program in Aviation Science Management such as in my University.' Lei Yu, Texas Southern University, USA 'This well-written and accurate book offers a real global and accessible view of sustainable development of the aviation industry through the tools that risk management provides. The authors demonstrate an in-depth knowledge of risk management theory as well as its practical application to the aviation industry, given the primacy of sustainability for aviations future.' Emmanuel A. Gyzis, Airlines Legal Counsel and Executive Senior Partner, Emm. A. Gyzis & Partners Law offices
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List of Figures and Tables |
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vii | |
Foreword |
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ix | |
Acknowledgments |
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xi | |
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1 Introduction to Corporate Sustainability: Enterprise-Wide Risk Management Approach to Contemporary Business Management and Organization |
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1 | (12) |
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Twenty-First Century: The Age of Global Awareness |
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3 | (10) |
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2 Corporate Sustainability and Enterprise Risk Management |
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13 | (46) |
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Corporate Sustainability Management |
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13 | (14) |
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Integrating Enterprise Risk Management with Corporate Sustainability |
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27 | (7) |
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Entity Risk Management and Corporate Sustainability |
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34 | (10) |
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44 | (1) |
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45 | (4) |
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The Enterprise Sustainability Risk Management Concept |
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49 | (3) |
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The Sustainable Management System and Sustainable Business Strategies |
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52 | (2) |
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Sustainable Development and Risk Management |
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54 | (5) |
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3 The Enterprise Sustainability Risk Management Conceptual Model: A Holistic and Proactive Perspective |
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59 | (16) |
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Enterprise Sustainability Risk Management Drivers |
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60 | (15) |
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4 The Economics of Global Wanning |
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75 | (6) |
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Economic Problems of Global Warming |
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76 | (1) |
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Advantages of Global Warming |
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77 | (4) |
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5 Global Warming and Sustainable Aviation |
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81 | (56) |
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The Impact of Global Warming on Aviation Business and Management |
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85 | (4) |
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Aviation Industry, Climate Change and Global Warming |
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89 | (5) |
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The Impact of the Aviation Business on Global Warming |
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94 | (5) |
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The Cost of Risk Management Practice for Airlines |
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99 | (1) |
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The Costs and Benefits Analysis of Global Warming |
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100 | (10) |
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Corporate Sustainability and Risk Management to the Airline Business and Management |
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110 | (21) |
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Risks from Global Warming to the Contemporary Business and Management |
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131 | (6) |
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6 Modeling Human Factor-Based Risks in Aviation |
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137 | (18) |
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Human Factors in Aviation Management |
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137 | (3) |
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Strategic Human Resource Management and Drivers of the Human Factor Risk Management Model |
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140 | (4) |
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Human Factor Risk Management Model |
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144 | (5) |
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Human Factor Score Formula |
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149 | (6) |
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7 Risk Management, Change Management, and Effectiveness in Aviation Operations |
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155 | (28) |
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Safety Issues in the Aviation Industry |
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155 | (3) |
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Review of Literature on Culture |
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158 | (2) |
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Defining Safety Management Systems |
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160 | (2) |
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Moving to Safety Management Systems as a Restructuring Exercise: What is Change Management? |
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162 | (1) |
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163 | (3) |
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Why Do Organizations Need to Change? |
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166 | (1) |
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166 | (2) |
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Diagnosing Where to Change |
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168 | (3) |
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Improving the Safety Management System as a Supporting and Integrating Exercise: The Risk Management-Based Approach? |
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171 | (3) |
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174 | (9) |
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8 The Integration of Sustainability Risk into Airport Business and Management |
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183 | (38) |
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Sustainability Issue in Civil Aviation Management |
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184 | (4) |
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Airport Sustainability Risk Management Process |
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188 | (3) |
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Best Practices: Sustainability Implementations in Istanbul's Airports |
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191 | (2) |
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Sustainability Management in TAV Airports Holding |
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193 | (13) |
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Sustainability Management in Istanbul Sabiha Gokcen (ISG) International Airport Investment Development and Operation, Inc. |
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206 | (11) |
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217 | (4) |
References |
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221 | (16) |
Index |
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237 | |
Triant G. Flouris (Ph.D. University of South Carolina) is Dean of Academic Affairs and University Professor at Hellenic American University, Athens, Greece. Combined with an on-going consulting practice, Dr. Flouris has previously served in various faculty and administrative positions (dean, graduate program director, department chair, as well as research institute director) in universities in New Zealand (Victoria University), U.S.A. (Daniel Webster College, Auburn University, San Jose State University and City University of New York) and Canada (Concordia University) and has extensive experience in strategic planning and higher education administration. He is the author of six books, over two hundred refereed journal articles, book chapters, scholarly articles, and public reports with academic expertise in aviation management, project management, risk management, international aviation governance, and strategic management. He is a certified professional pilot and flight instructor and holds concurrent appointments as research associate at the Mineta Transportation Institute, San Jose State University, California, as well as instructor for the International Air Transport Association. Dr. Ayse Kucuk Yilmaz is Assistant Professor in the School of Civil Aviation at Anadolu University, Eskisehir, Turkey. Her teaching and research interests include aviation corporate sustainability management, enterprise risk management, strategic management, airport and airline business modeling, and risk management. She has authored 3 books and has published numerous academic journal articles on several topics in aviation and enterprise risk management, one book chapter and several papers in international conferences. She has been a licensed aircraft technician since 2001.