IMPLEMENTATION OF MODERN MULTIDIMENSIONAL RISK MANAGEMENT IN INDUSTRIAL ENTERPRISE

Author(s):  
Ivars Godmanis 
Author(s):  
V. F. Bezjazychnyi ◽  
E. V. Kiselev ◽  
V. A. Troshkin

Improvement of modern management systems for industrial enterprises involves the active use of risk management methods that are accompanied by their activities. Issues of production risks and their place in the General enterprise management system are discussed in the article. There is a classification of the main production risks and possible risk management methods applicable in the activities of an industrial enterprise.


Vestnik MGSU ◽  
2018 ◽  
pp. 1482-1490
Author(s):  
Reza Barkhi ◽  
Victoria G. Borkovskaya

Introduction. Consider the system of organization and implementation of risk management in the building enterprise. The introduction and management of risks in an industrial enterprise is an actual problem due to the occurrence of the following list of factors: incomplete information, elements of randomness, unpredictability of actions of a partner or competitor, among others. Risk management is a process that must begin at the development stage of a industrial company’s strategy, and necessarily with the participation of its owners, since it is the owners who, when developing a strategy, should determine the maximum level of total risk that the industry company will be ready to accept in the course of its activities. Risk management in industrial enterprises should be implemented within the framework of the system and process approaches, taking into account the specifics of the industry using modern effective management methods and production organizations, as well as using risk management tools. Materials and methods. The methodology of the continuous risk management process was used to study the industry organization and implementation of risk management, and systems analysis, modeling and synthesis methods were used. Results. It was determined that the creation of a risk management department is appropriate for effective risk management at the industry enterprise. The main responsibilities of this unit, including for staff and other users (including employees, consultants and contractors), in order to successfully implement the management strategy, require unconditional implementation to minimize risks and eliminate costs in implementing risk management. It was revealed that as a result of introducing risk management in industry enterprises of various industries, a set of measures should be developed to evaluate the operational risks of an enterprise, integral risk, quantitative assessment of which is based on a comprehensive analysis of financial and accounting reports, and conducting an integrated risk assessment based on all levels of responsibility within the industrial enterprise. Conclusions. Risk management at industrial enterprises should be carried out within the framework of the system and process approaches, taking into account the specifics of the industry using modern effective management methods and production industrial organizations, as well as using risk management tools.


2021 ◽  
Vol 15 (1) ◽  
pp. 14-27
Author(s):  
D. S. Pashchenko ◽  
N. M. Komarov

The Russian industry is entering digital transformation with some delay, and the implementation of accompanying large-scale changes contains a significant number of specific risks. Creating a promising business model and the technological outline of an industrial enterprise that implements it takes place under conditions of high uncertainty. The article proposes a general approach and elements of a practical risk model for planning and carrying out an industrial enterprise’s digital transformation to reduce the uncertainty of the process in its signifiant aspects. The proposed management solutions help reduce the likelihood of a negative impact of accompanying general and specifi risks, build a formalized model of risk management, and increase transparency in managing relevant practical projects. The article also discusses fiancial reserves usage as a tool for active risk management.


Author(s):  
T. Vasilyeva ◽  
N. Antoniuk

The article is devoted to the issue of financial risk management of industrial enterprises, which is relevant in the modern realities of the Ukrainian economy. The Google Trends web application analyzes the popularity of search queries in business and industry for phrases such as "financial risk" and "financial risk management" in Ukraine and in the world as a whole over the past 12 months. Based on official statistics, the analysis of the dynamics of the main financial indicators of industrial enterprises of Sumy region for 5 years, namely financial results before tax, financial results from operating activities and operating profitability. Based on the coefficient of variation, the level of financial risk that accompanies the activities of industrial enterprises of Sumy region is determined. The essence of financial risks of an industrial enterprise is revealed and its constituent elements are presented. The main existing approaches to the quantitative assessment of financial risks are presented, which are mainly based on probabilistic assessment. A methodical approach to financial risk management of industrial enterprises is proposed, which provides for constant monitoring of deviations of the integrated indicator, calculated on the basis of financial statements of the enterprise and includes indicators of liquidity, financial stability, profitability, cash flow from financial activities. At the same time, the company is recommended to set clear boundaries of possible deviations of the integrated financial indicator. Emphasis is also placed on the need to form and implement an integrated financial risk management system at industrial enterprises of Ukraine in the modern economic realities of Ukraine. A clear system of financial risk management will allow industrial enterprises to respond in a timely manner to potential threats, neutralize financial risks and avoid possible losses.


2015 ◽  
Vol 4 (3) ◽  
pp. 30-34 ◽  
Author(s):  
Баурина ◽  
Svetlana Baurina

This article is devoted to the research infrastructure of the industrial enterprise. The essence of the industrial, social and information infrastructure is fleshed out. Risk factors of infrastructure of an industrial enterprise are identified. The stages of formation and development of infrastructure are considered. The methodology and tools infrastructure management of an industrial enterprise is given.


2019 ◽  
Vol 2 (3) ◽  
pp. 55-72
Author(s):  
Ihor Hroznyi ◽  
Mykhailo Tymoshyk ◽  
Eduard Malevski

Industrial enterprise risk management must take into account the conditions of the activities that are carried out and the goals that are set out under these conditions. To solve this problem, a scientific and methodological approach to targeted risk optimization of an industrial enterprise was developed based on a set of models of comparing the goals of the enterprise under operation conditions, matching the available resources with the needs and choosing the methods of risk management according to the limitations by goals and resources. The use of the developed scientific and methodological approach enables the enterprise to choose the most effective methods of risk management.


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