Modern concepts of organizations risk management
https://doi.org/10.46554/1993-0453-2023-12-230-76-82
Abstract
Strategic risk management is an important component of the strategic management of organizations, contributing to ensuring their competitiveness and sustainability in the market. This includes identifying and classifying risks, developing risk management strategies, making decisions about accepting or reducing risks, as well as ongoing monitoring and risk assessment. Risk assessment is a key element of strategic risk management, allowing an organization to determine the likelihood of undesirable events and their possible consequences. Some common approaches include identifying potential threats, assessing the likelihood of these threats, analyzing possible consequences, assessing the level of risk exposure, developing risk mitigation measures, and choosing the most effective risk management strategies. This study is devoted to modern concepts of strategic risk management in organizations. The works of several domestic and foreign authors and their approach to this issue are considered. In the course of the work, the system method, methods of analysis and synthesis were used. The concepts of strategic risk management are highlighted and analyzed, their advantages and disadvantages are described. The conclusion is substantiated about the imperfection of the applied concepts and the need to refine them in order to simplify and improve the quality of strategic risk management in organizations. The conclusion is made about the relevance of this topic and the need for further research in this area.
About the Authors
A. A. Sozinova
Vyatka State University
Russian Federation
Russian Federation
Sozinova A. A. – Doctor of Economics, Professor, Deputy Director for Scientific Activity
Kirov
A. V. Falaleev
Vyatka State University
Russian Federation
Russian Federation
Falaleev A. V. – postgraduate student, (Economics, profile «Economics, organization and management of enterprises, industries and complexes»)
Kirov
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Review
For citations:
Sozinova A.A., Falaleev A.V. Modern concepts of organizations risk management. Vestnik of Samara State University of Economics. 2023;(12):76-82. (In Russ.) https://doi.org/10.46554/1993-0453-2023-12-230-76-82
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