Risk Management Through Systematization: Risk Management Culture

Filyppova*, Svitlana; Bashynska, Iryna; Kholod, Borys; Prodanova, Larysa; Ivanchenkova, Larysa; Ivanchenkov, Viacheslav

doi:10.35940/ijrte.c5601.098319

Cited by 18 publications

(9 citation statements)

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“…Naturally, this issue becomes rhetorical, and the company's management, developing a culture of risk management, provides an opportunity for safe development. 5% risk management is a process, 95% is a culture [1]. The development of a risk management culture is a gradual process that requires management to take consistent actions inFig.2.A simple scheme makes it clear what actions the company management should take to implement and develop a risk management culture.…”

Section: Fig 1 Risk Management System Diagrammentioning

confidence: 99%

“…Naturally, in conditions of constantly changing internal and external factors of the environment in which the organisation exists, the threat of potential risks increases many times, which is why the leadership of most companies does not spare the costs of maintaining and developing risk management units. This policy seems quite reasonable, because who can better manage risk management than a team of qualified specialists, but there are pitfalls here, and to understand where they are hiding, let's pay attention to the general risk management scheme Fig.1 [1][2][3][4][5].…”

Section: Introductionmentioning

confidence: 99%

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Risk Management Culture as a Systematic Method for Ensuring Safety Development

Prokopenko*,

Kholod,

Pavlova

et al. 2019

IJRTE

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Issues of developing a culture of risk management, today is perhaps one of the most significant in risk management. The lack of a well-built risk management culture is for many companies, one of the main barriers to building an effective risk management system. It should be understood that all methods that are used to manage risk are as effective as the culture of risk management in the organisation. It depends on the culture of risk management how secure the organisation can feel as part of its development strategy. The development of a risk management culture, in contrast to increasing the costs of expanding the risk management department, is an intensive way to increase the effectiveness of the risk management system and, as a result, provide the possibility of safe development under any market conditions and challenges. By cultivating a risk management culture for the entire hierarchy of employees, you can achieve much better results than simply hiring expensive risk managers.

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Section: Fig 1 Risk Management System Diagrammentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Risk Management Culture as a Systematic Method for Ensuring Safety Development

Prokopenko*,

Kholod,

Pavlova

et al. 2019

IJRTE

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“…Current economic conditions are characterized by an increasing role of risks, which are increasingly becoming global. Modern researchers, who consider the theory of risks and emergencies from the point of view of nonlinear dynamics, argue that ensuring safety in the current environment is necessary to closely monitor changes in our world's systemic properties (Margasova & Rogovyi, 2010;Filyppova et al, 2019).…”

Section: Introductionmentioning

confidence: 99%

Risk Management Tools for Emergencies in the Context of Global Informatization

Холод

Iefimova

Halynska

et al. 2021

EEA

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Global informatization has brought many changes to all spheres of life. At the turn of the century, it becomes clear that along with tremendous technical achievements and radical geopolitical changes, the outgoing era's main result was a change in the world's systemic properties. Ensuring safety in emergency situations is one of the most critical tasks of modern human development. The risks from these events can be catastrophic, which is why the authors devoted their research to the study of the theoretical and methodological foundations, as well as the development of recommendations for improving risk management tools in emergency management in the context of global informatization.

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“…The idea of overcoming crises only through innovation is supported by G. Mensch [3,4]. According to scientists [5][6][7], this period of recession and -depression‖ of the long economic wave will continue until approximately 2018-2020. At the same time, new technologies will emerge, which will then -accelerate‖ economic development.…”

Section: Introductionmentioning

confidence: 99%

Public Administration and Innovation Policy in a Networked Society

Suray*,

Suprunenko,

Kartashova

et al. 2019

IJRTE

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In modern conditions of global transformations and the growth of crisis phenomena in the global economy, the question of finding and developing alternative economic models becomes urgent. As a tool for stimulating economic development and a new source of growth, innovations and the results of scientific and technological activities were chosen. This approach was theoretically developed and described at the beginning of the last century, but it has become in demand only now. The development of the innovative sector of the economy leads to the emergence of qualitatively new technologies and is non-linear. The complexity of management objects, the dynamism of innovative processes, which, in turn, transform the economy, markets, institutions, are growing. Changing management objects require new scientific theories, management technologies and tools. In this article, the author analyzes modern economic and technological trends, identifies the main scientific theories that describe these processes, identifies trends in changes in management sciences. The article discusses the classification of models of innovative development, outlines the main directions of changes in the state management of innovative development and innovative infrastructure. Based on the study, the systematic changes in the role of the state in building an innovative economy are systematized, the emerging formats of managerial structures and the institutions for the development of innovative infrastructure are described.

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Risk Management Through Systematization: Risk Management Culture

Cited by 18 publications

References 0 publications

Risk Management Culture as a Systematic Method for Ensuring Safety Development

Risk Management Culture as a Systematic Method for Ensuring Safety Development

Risk Management Tools for Emergencies in the Context of Global Informatization

Public Administration and Innovation Policy in a Networked Society

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