scholarly journals Management of risks of agricultural enterprises of the forest-steppe area of Ukraine

Author(s):  
А. Gorgo

The article is devoted to increase of efficiency of business entities of the agro-industrial complex by minimizing the risks of their activities and the peculiarities of their management taking into account the specifics of the agrarian sphere. The analysis of recent researches of the risk management process of agrarian enterprises was carried out, in which the role of risk management was identified, its systematization was carried out and key factors influencing them were determined. The necessity of timely identification of the factors influencing the emergence of risks in the agrarian sector is determined, taking into account the probability of occurrence of situations leading to loss of profit or even resources, to financial dependence of the enterprise and bankruptcy. The processes of risk management of large and medium agrarian enterprises of various organizational and legal forms of ownership with agricultural lands from 3 thousand hectares are investigated. The results of a sociological survey of managers of agrarian enterprises of the Forest-steppe zone of Ukraine were presented. The results of which processing revealed that the most influential risk for agrarian enterprises is the natural and climatic conditions, production, financial risks and the lack of highly qualified specialists. The responsibility for risk management, identification of sources, bias, minimization and elimination of the consequences of risks depending on their type is determined. The influence of each risk group on the activity of agrarian enterprises is substantiated. The effect of the system of risk management of agrarian enterprises is determined, which depends on: comprehensive support of management, distribution of responsibility, raising awareness of the importance of risk management issues among all employees. The responsibilities of different ranks of the employees of agrarian enterprises regarding risk awareness have been specified. It is specified that the agrarian enterprise risk management system envisages a strategy (the direction and method of coordinating the funds to achieve the goal, which would correspond to a certain set of rules and limitations for decision-making) and tactics (concrete methods and techniques for achieving the goal in specific conditions). The research determines which risk management strategies are applied by the agro-enterprises of the forest-steppe zone of Ukraine (prevention / avoidance of risk, risk diversion, risk reduction, risk preservation / risk transfer / risk insurance, liability sharing, risk ignoring). The main tools of risk management of agrarian enterprises that are recommended for use in the framework of implementation of these strategies are offered. Prevention or avoidance of risks is the most effective way of preventing them, however, for a company that makes such a decision, it often means taking certain measures and actions aimed at preventing risk situations. Saving / accepting means leaving all or part of the risk at the company's responsibility (risk fund, self-insurance fund). The strategy of reducing the risk involves reducing the size of possible damage or lack of profit, reducing the likelihood of adverse events. The risk redistribution strategy involves risk insurance, which serves not only to provide reliable protection against unsuccessful decisions, but also increases the responsibility of decision makers. The proposed mechanism for implementation of the strategy of risk management, which provides for the establishment of an effective system for assessment and control of decisions, the allocation of a special unit (employee) in the structure of the enterprise, which will be entrusted with the organization of risk management, allocation of funds and the formation of special reserves for implementation of risk management mechanisms, coverage of losses and losses The influence of enterprise risk management strategy on the choice of management procedures for them is evaluated. It has been found that in the management of risks, the following postulates should be respected: one should not risk more than can afford own capital; It is worth to predict the effects of the risk; you can not risk much for small; a positive decision on the chosen risk management strategy is taken only in the absence of doubt; in case of doubt, it is better to make a negative decision; It should not be assumed that there is always only one solution; it is always worthwhile comparing alternatives. Effective functioning of the risk management system in an agrarian enterprise requires compliance with a number of principles that should be laid at the design stage. Minimizing the impact of risks requires effort in minimizing the range of possible risks and the degree of their impact on the activities of the enterprise. A comparative description of the existing and necessary paradigm of risk management of domestic agrarian enterprises is carried out. According to the results of the research of domestic agrarian business, it has been established that he has an orientation towards the old risk management system (not systematic), while leading European and American enterprises are continuous risk management. Risk management at agrarian enterprises should be coordinated by senior management. Keywords: agrarian production, agrarian enterprises, assessment, risks, risk management, strategies.

Author(s):  
Zoe Del Fante ◽  
Nicola Di Fazio ◽  
Adriano Papale ◽  
Paola Tomao ◽  
Fabio Del Duca ◽  
...  

Physical risk assessments allow us to understand work-related critical issues, thus representing a useful tool in risk management strategies. In particular, our study focuses on the identification of already known and emerging physical risks related to necropsy and morgue activities, as well as crime scene investigations. The aim of our study is, therefore, to identify objective elements in order to quantify exposure to such risk factors among healthcare professionals and working personnel. For the research of potentially at-risk activities, data from the Morgue of Policlinico Umberto I Hospital in Rome were used. The scientific literature has been reviewed in order to assess the risks associated with morgue activity. Measurements were performed on previously scheduled days, in collaboration with the activities of different research units. The identified areas of risk were: microclimate; exposure to noise and vibrations; postural and biomechanical aspects of necropsy activities. The obtained results make it possible to detect interindividual variability in exposure to many of the aforementioned risk factors. In particular, the assessment of microclimate did not show significant results. On the contrary, exposure to vibrations and biomechanical aspects of load handling have shown potential risk profiles. For this reason, both profiles have been identified as possible action targets for risk management strategies.


2014 ◽  
Vol 998-999 ◽  
pp. 1666-1669
Author(s):  
Yong Zhi Li

The smooth operation of virtual enterprise to obtain the expected profits, they must avoid the risks successfully, and virtual enterprise risk management system is an important guarantee of risk aversion. In view of its characteristics of distribution, dynamic complexity, the virtual enterprise risk management system is developed based on Web and multi-agent technology. Not only to meet the Distributed and heterogeneous of virtual enterprise operating environment, reflect the Independence of partner, and the complex relationship between the partners, but also provide decision support for decision-maker, and the system has strong robustness and reliability.


Paradigma ◽  
2020 ◽  
Vol 17 (2) ◽  
pp. 6-20
Author(s):  
Zahrina Wardatul Fawziyah ◽  
Isfandayani

Risk management is an important effort that must be made by Islamic Banking to minimize risk. This research is a qualitative research and the methods used are interviews, documentation, and observation. The research objective was to determine the types of risks in murabahah financing and the strategy of PT. BPRS Artha Madani in overcoming these risks and to find out the analysis of the implementation of risk management strategies carried out by PT. BPRS Artha Madani Head Office Bekasi.Based on the results of the study it is known that the risk management strategy analysis of PT. BPRS Artha Madani using Bank Indonesia Regulation No. 13/23/PBI/2011 and 5 C principles consist of Character, Capacity, Capital, Collateral and Condition of Economy. However, despite implementing the risk management strategy, banks continue to experience risks, namely in the form of: credit risk (in Islamic banks called as financing risk), operational risk and legal risk due to bank internal factors in analyzing and external factors from customers.PT. BPRS Artha Madani in resolving troubled financing with intensive billing, reprimand to customers if they do not fulfill their obligations, make a restructuring by rescheduling, reconditioning and restructuring if the financing can still be normalized. However, if there is no hope and the Customer is not able to, then the solution is guaranteed that can be auctioned through litigation or non-litigation channels.


2017 ◽  
Vol 1 (2) ◽  
pp. 080
Author(s):  
Fuad Hasan ◽  
Dwidjono Hadi Darwanto ◽  
Masyhuri Masyhuri ◽  
Witono Adiyoga

The objectives of this research were to understand farmers’ perception to risk and risk management strategy on shallot farming. The research was conducted in Bantul and Nganjuk Regency. The number of samples taken were 57 farmers in Bantul and 90 farmers in Nganjuk. Analysis used was frequency table that disaggregate based on agroecosystem and cropping pattern. The result showed that according to farmers’ perception, production and price risk were high. Farmer's decision to follow dominant cropping pattern and production system reflected on the ex ante risk management strategies done by the farmers as their own respection. In the interactive risk management strategies, farmers tended to use chemical fertilizers over chemical pesticides. In ex post risk management strategy, in the failure of shallot farming, they kept cultivating shallot that their capital got on cash and input for shallot farming.


2020 ◽  
Author(s):  
Man Dinh Nguyen Huy ◽  
Ngoc Nghiem My ◽  
Hoang Dang Minh ◽  
Trang Nguyen Hoa ◽  
Thao Duong Thi Phuong ◽  
...  

Abstract Background: Laboratory staff is at higher risk of infection owing to the handling and testing of coronavirus disease 2019 (COVID-19) patient samples. Reviewing the existing risk assessment and improving risk management are essential for preventing laboratory acquired infections (LAIs) related to Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2) testing during the COVID-19 epidemic. We present herein the steps taken to prevent LAIs related to SARS-CoV-2 testing in a tertiary care hospital in Vietnam. Methods: A SARS-CoV-2-focused risk assessment exercise was conducted for laboratory processes and workflow. Risk management strategies, including engineering, administrative and operations control procedures, were established. Standard operating procedure (SOP), staff training, COVID-19 symptom reporting, enhanced cleaning and decontamination, and inventory monitoring protocols were implemented. Sample reception and results reported from February 1, 2020 to September 17, 2020 were documented. Results: Based on risk assessment, a risk management strategy for SARS-CoV-2 testing was developed. This strategy includes the use of dedicated facility, instrument, and cold chain units for testing; SOPs; training (testing, decontamination and cleaning staff); the introduction of biosafety level (BSL)2+ laboratory practices; enhanced cleaning protocols for testing; and the assigning of additional staff for testing and safety system implementation. In total, 38,377 (daily mean and range: 166; 3 – 2,377) samples were received, including 301 (0.8%) samples that were rejected. The turnaround time (median ± standard deviation (SD)) was 3.54 ± 2.97 days. Altogether, 32 staff members were involved with SARS-CoV-2 testing and biosafety management, and there were no reports of COVID-19 symptoms among them. Conclusion: For epidemics and outbreak diagnostics, risk assessment and risk management strategies are important for the prevention of LAIs. Clear instruction on revised risk management protocols, necessary training, and leadership in risk management strategy implementation are essential.


2004 ◽  
Vol 33 (2) ◽  
pp. 220-232 ◽  
Author(s):  
Timothy J. Dalton ◽  
Gregory A. Porter ◽  
Noah G. Winslow

Recent federal agricultural programs have accelerated the devolution of enterprise risk management responsibility from the state to individual producers. Using a biophysical simulation model, the risk management benefits of federal crop insurance and supplemental irrigation are derived and compared to uninsured rainfed crop production in an expected utility framework. Federal crop insurance programs are inefficient at reducing producer exposure to weather-related production risk in humid regions, and the risk management benefits from supplemental irrigation are found to be scale and technology dependent. Environmental policies that regulate resource development will increase the investment cost of irrigation alternatives and reduce economic feasibility.


2017 ◽  
Vol 12 (Number 1) ◽  
pp. 43-50
Author(s):  
Mohd Akhir Ahmad ◽  
Rosman Iteng ◽  
Che Azlan Md Taib ◽  
Alias Mat Nor

Quality management system (QMS) ISO 9000 is a major contribution to achieving local and global competition in the industry. Applying the principles of quality management system and adoption of risk management strategies can help the organization sustainablein their business. Moreover, identifying at early stage thepotential risk can have consequentialresultssuch as eliminatingdefects, reducing cost, meetingcustomer satisfaction and also promotingorganization sustainability. In this study, a modelthathas tendency on how the risk management in the new revision of quality management system (QMS) ISO 9001:2015 can influencethe organizational performanceis conceptually proposed.


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