Risk Navigator SRM: An Applied Risk Management Tool

Risk Navigator SRM is a ten-step risk management program for agricultural producers, which is based on the strategic planning process. The ten steps are designed to integrate disparate and difficult risk management concepts into a single system that is easy to use, yet still effective. With the aid...

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Main Authors: Dana L. K. Hoag, Jay Parsons
Format: Article
Language:English
Published: Wiley 2010-01-01
Series:Journal of Probability and Statistics
Online Access:http://dx.doi.org/10.1155/2010/214358
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author Dana L. K. Hoag
Jay Parsons
author_facet Dana L. K. Hoag
Jay Parsons
author_sort Dana L. K. Hoag
collection DOAJ
description Risk Navigator SRM is a ten-step risk management program for agricultural producers, which is based on the strategic planning process. The ten steps are designed to integrate disparate and difficult risk management concepts into a single system that is easy to use, yet still effective. With the aid of computers and the internet, producers can work through each step toward a final comprehensive plan. The website includes 25 decision tools that help producers accomplish each step and provides links to complementary educational programs, like a national agricultural risk education library, the award-winning risk management simulation program called Ag Survivor, and a recently published book that describes the program and provides additional depth and explanations. The ten-step program has been presented in over 200 workshops with over 90 percent approval by participants. The website has averaged over 1,000 unique visitors per month from 120 countries.
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spelling doaj-art-e9b09430ee474311bbb4d50f750773082025-08-20T03:26:34ZengWileyJournal of Probability and Statistics1687-952X1687-95382010-01-01201010.1155/2010/214358214358Risk Navigator SRM: An Applied Risk Management ToolDana L. K. Hoag0Jay Parsons1Department of Agricultural and Resource Economics, Colorado State University, Campus 1172, Fort Collins, CO 80523-1172, USADepartment of Agricultural and Resource Economics, Colorado State University, Campus 1172, Fort Collins, CO 80523-1172, USARisk Navigator SRM is a ten-step risk management program for agricultural producers, which is based on the strategic planning process. The ten steps are designed to integrate disparate and difficult risk management concepts into a single system that is easy to use, yet still effective. With the aid of computers and the internet, producers can work through each step toward a final comprehensive plan. The website includes 25 decision tools that help producers accomplish each step and provides links to complementary educational programs, like a national agricultural risk education library, the award-winning risk management simulation program called Ag Survivor, and a recently published book that describes the program and provides additional depth and explanations. The ten-step program has been presented in over 200 workshops with over 90 percent approval by participants. The website has averaged over 1,000 unique visitors per month from 120 countries.http://dx.doi.org/10.1155/2010/214358
spellingShingle Dana L. K. Hoag
Jay Parsons
Risk Navigator SRM: An Applied Risk Management Tool
Journal of Probability and Statistics
title Risk Navigator SRM: An Applied Risk Management Tool
title_full Risk Navigator SRM: An Applied Risk Management Tool
title_fullStr Risk Navigator SRM: An Applied Risk Management Tool
title_full_unstemmed Risk Navigator SRM: An Applied Risk Management Tool
title_short Risk Navigator SRM: An Applied Risk Management Tool
title_sort risk navigator srm an applied risk management tool
url http://dx.doi.org/10.1155/2010/214358
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