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Growing Science » Authors » Farokh Hessami

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Sort articles by: Volume | Date | Most Rates | Most Views | Reviews | Alphabet
1.

Business risk evaluation and management of Iranian commercial insurance companies Pages 91-102 Right click to download the paper Download PDF

Authors: Farokh Hessami

DOI: 10.5267/j.msl.2017.12.003

Keywords: Insurance industry, Risk evaluation and manage-ment, Adaptive neuro-fuzzy inference system (ANFIS)

Abstract:
Nowadays, with the expansion of economic businesses and also the dependency of economic activ-ists on the insurance industry to provide the capitals security, there is now a growing need to identi-fy and evaluate risks of the insurance industry. Therefore, in this study, a comprehensive model was developed to evaluate and manage business risk by reviewing the research literature, extensive-ly. For this purpose, an adaptive neuro-fuzzy inference system (ANFIS) was developed for every business risk after identifying the relevant dimensions and the criteria and collecting the necessary data from the central insurance databases. Finally, a general model was presented to evaluate and manage risks of the insurance industry. Four major problems were also considered: optimal and ef-ficient normalization, optimal training for testing ratio for every neural network, model validation, and the easiness of user communication with the system. The results show that the model can pro-vide an accurate estimation for risk evaluation and management. Thus, this system can be consid-ered as an appropriate tool for business risk evaluation and management of insurance companies. Furthermore, the effectiveness of this method in evaluating and managing the risk at insurance companies can be turned into a neural network and such a neural network can be used as an appro-priate decision-making support tool.
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Journal: MSL | Year: 2018 | Volume: 8 | Issue: 2 | Views: 1770 | Reviews: 0

 
2.

Formulation and explanation of a success model in innovation management and its diffusion at sports federations Pages 69-78 Right click to download the paper Download PDF

Authors: Farokh Hessami

DOI: 10.5267/j.msl.2017.12.001

Keywords: Open innovation, Fuzzy DEMATEL, Fuzzy ANP, Sports federations

Abstract:
Since today’s world is moving ahead rapidly, the condition for the survival and durability of insti-tutions and organizations depend on research, development, innovation, and communication, the realization of which requires the presence of a new and creative model. Therefore, this paper aims to formulate and explain an open successful innovation management model by seeking the factors affecting the diffusion of innovation model at sports federations. The study in term of goal is ap-plied and in term of data analysis method is descriptive correlational study. The statistical popula-tion consists of sports federations of Iran in 2017. The sample size was 70 individuals selected us-ing Morgan table and the simple random sampling method from 10 federations. The research col-lection data tool was a questionnaire. The correlation matrix was used to determine the relationships between independent and dependent variables. Furthermore, a novel hybrid technique of fuzzy DEMATEL and fuzzy ANP was used to rank the factors affecting open innovation. The results showed that structural factors, interorganizational joint venture, customer relationships, research and development department, and new technologies affected the open innovation. Moreover, struc-tural factors were ranked the most effective factors. Then, customer relationships and interorganiza-tional joint venture were known as the weakest factors affecting the creation of open innovation.
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Journal: MSL | Year: 2018 | Volume: 8 | Issue: 1 | Views: 1592 | Reviews: 0

 

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