Organizational Culture of Risk Management as Integral Constituent of an Effective Risk Management System of Enterprise
Journal Title: Бізнес Інформ - Year 2015, Vol 4, Issue 0
Abstract
The article is aimed to study the contents, the role and importance of organizational culture of risk-management in the management system of contemporary enterprise; to conduct analysis of major challenges and elaborate conceptual frameworks for developing a high-level organizational culture of risks at the enterprise. The author substantiates the necessity for organizing an effective enterprise risk management system, capable to ensure achievement of the desired goals, despite the risks and threats of various kinds. The importance of developing organizational culture of risks as one of the key aspects for implementation of an integrated risk management system has been pointed out. Peculiarities and issues related to formation of organizational culture of risk management at the domestic enterprises have been analyzed. A list of indicating attributes intrinsic to a high-level organizational culture of risks has been provided. The basic stages of the formation have been determined, a number of recommendations for development of organizational culture of risk management at the enterprise has been elaborated.
Authors and Affiliations
Tetiana Semeniutina
Keywords
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