Risk Management as a Component of the Brand Strategy of a Retailer

Introduction. The article considers the issue of risk identification for retailers in order to take them into account in the process of forming a brand strategy. The purpose of the article is to analyze the possible risks for retailers in order to develop measures to prevent them, which must be taken into account in the formation of brand strategy. Results. The concept of risk for a retailer and its components are defined. Risks by classification by the nature of emergency are considered. External and internal risks are characterized, the latter is by types of sphere of influence. It is shown how certain types of risks affect the brand in general and its reputation in particular. Risks that are difficult to predict even with effective risk management planning are identified. The factors that determine the need for risk management are outlined. It is proved that taking into account these factors in the process of forming the brand strategy of a retailer will positively affect the efficiency of its activities. Risk management in a trading company should be cyclical and continuous. It will be effective only if all types of risks are identified, controlled and reduced with constant monitoring. A set of actions aimed at planning risk management at a trading company is defined. It is noted that in order to promote risk management activities, a retailer needs to develop its own methodology for continuous risk management, taking into account the specifics of a particular company. This approach to risk management will be critical to a comprehensive management process and will ensure that risk indicators for the enterprise are handled efficiently and properly. Conclusions. Given the fact that risk management is important for the effective operation of a retailer in a competitive environment, the factors that determine it are identified. Timely identification of risks for a retailer will ensure its efficiency, provided that risk management is cyclical and continuous. It is proved that the mechanism of continuous management will allow to identify risks in time and with the help of preventive measures to reduce the costs for a retailer, which in turn will reduce the reputational losses of the brand. This mechanism should be a mandatory part of the brand strategy for any retailer.

Perencanaan manajemen risiko atlet berprestasi Indonesia (Studi kasus atlet dengan risiko cedera tinggi)

Atlet berprestasi memiliki risiko yang bisa menyebabkan kesulitan keuangan saat pensiun dari olahraga. Atlet dengan risiko cedera tinggi berpeluang lebih besar mengalami kesulitan keuangan karena berpotensi pensiun lebih dini akibat cedera. Tujuan dari penelitian ini adalah untuk mengetahui bagaimana manajamen risiko yang dilakukan atlet berprestasi dari cabang olahraga dengan risiko cedera tinggi untuk meminimalisir risiko saat pensiun dengan mengoptimalkan pendapatan yang dimiliki ketika masih aktif sebagai atlet. Landasan konsep yang digunakan dalam penelitian adalah manajemen risiko dengan dua perencanaan, yaitu perencanaan keuangan menggunakan perencanaan keuangan pribadi milik Kapoor, Dlabay dan Hughes (2009) dan perencanaan pendidikan. Wawancara mendalam dilakukan terhadap empat atlet berprestasi dan satu perwakilan federasi serta studi dokumen. Hasilnya, manajemen risiko yang dimiliki keempat informan yaitu tabungan dari gaji pegawai negeri sipil dan honor atlet, investasi berupa tanah dan properti, dan rumah atas nama sendiri. Manajemen risiko yang dimiliki masih membuat informan rentan terpapar risiko saat pensiun karena hanya mengelola risiko dari sisi materi yang bisa habis. Sementara itu keempat informan tidak melanjutkan pendidikan tinggi. Idealnya, manajemen risiko juga dilakukan oleh federasi dengan membuka peluang beasiswa untuk atlet melanjutkan pendidikan tinggi. Rekomendasi dari penelitian ini yaitu pemerintah perlu mendorong dan menyediakan beasiswa afirmasi untuk pendidikan tinggi atlet. Indonesian athlete risk management planning (Case study athletes with high-risk injury) AbstractHigh-achieving athletes are at risk of causing financial difficulties when they retire from sports. Athletes with high injuries are more likely to experience financial difficulties due to early retirement due to injury. The purpose of this study was to see how risk management performed by high-achieving athletes from sports with high injuries to minimize risks at retirement by optimizing the income they had while still active as an athlete. The concept used in this research is risk management with two plans, financial planning using private financial planning by Kapoor, Dlabay and Hughes (2009) and educational planning. In-depth interviews were conducted with four athletes and one representative of the federation as well as document studies. The results of risk management owned by the four informants are savings from salaries of civil servants and athletes' honor, investment in the form of land and property, and houses in their own names. Athlete is still vulnerable to be exposed by risk during retirement. The four informants did not continue their higher education. Risk management is also carried out by the federation with scholarship opportunities for athletes to continue their higher education. The recommendation of this research is that the government encourages and provides affirmative scholarships for higher education athletes.

Risk Management Mitigation in the New Normal Era

The mitigation of business risk management in the Covid 19 pandemic is a powerful means of controlling the transmission and easing of socio-economic interactions. To avoid Covid 19 transmission, business organizations should adopt new cultural behaviors that align with proper health protocols to avoid Covid 19 transmission. This is because there are differences in the behaviors of business organizations. This research uses a qualitative approach with a literature study. It focuses on business and management mitigation risk factors in Covid 19 pandemic, as well as their impact on its transmission. The results show that the Covid 19 pandemic risk impacts private businesses as well as the state as a public organization entity equally responsible for solving the problem. Furthermore, no business is ready with adequate risk management planning for Covid 19 transmission. This has an impact on the risk of uncertainty for business sustainability. Moreover, there needs to be a proper theoretical, conceptual, and empirical risk management mitigation of Covid 19 transmission. Consequently, this enhances the control of transmission in office and business place clusters.

RISIKO TERHADAP KINERJA, BIAYA DAN WAKTU PROYEK RISKS TO PROJECT PERFORMANCE, COST AND TIME

Project risk is an uncertain event or condition in the future, and if it occurs it will have a positive or negative impact on the achievement of project goals / objectives, including scope, schedule, cost and quality. One of the main causes of project failure is poor project risk management. There have been many studies that state that project risk management is an important factor in the success of a project. In previous studies, many results indicate that risk management must be carried out for every construction project in order to avoid losses on cost, quality and project completion schedule. Risk management planning is the first step and determines the direction of a series of other risk management activities. This process determines how to approach and plan activities in risk management will be carried out in the projectKeywords: project risk, risk management, construction project(Risiko proyek adalah suatu peristiwa yang tidak pasti atau kondisi di masa depan, dan jika terjadi maka akan berdampak positif atau negatif terhadap pencapaian tujuan/sasaran proyek, termasuk ruang lingkup, jadwal, biaya dan kualitas. Salah satu penyebab utama kegagalan suatu proyek adalah buruknya manajemen risiko proyek. Sudah banyak penelitian yang menyatakan bahwa manajemen risiko proyek merupakan salah satu faktor penting kesuksesan suatu proyek. Pada penelitian sebelumnya banyak hasil yang menunjukkan bahwa manajemen risiko harus dilakukan bagi setiap proyek konstruksi agar dapat menghindari kerugian atas biaya, mutu dan jadwal penyelesaian proyek. Perencanaan manajemen risiko merupakan langkah pertama dan yang menentukan arah dari rangkaian kegiatan manajemen risiko lainnya. Proses ini menentukan bagaimana pendekatan dan perencanaan kegiatan-kegiatan dalam manajemen risiko akan dilakukan di dalam proyekKata Kunci: Risiko proyek, manajemen resiko, proyek konstruksi)

Devi Lianovanda Prabandani ANALISIS SPECIAL EVENT ANGKLUNG PRIDE #9 OLEH SAUNG ANGKLUNG UDJO

Angklung Pride is an annual event held by Saung Angklung Udjo to commemorate the ratification angklung asintangible cultural heritage of humanity from Indonesia. This event is done to preserve four pillar of UNESCOwhich was given by them. This four pillar were reserved, promoted, protected, and perpetuated. The objectiveof this research is to obtain deep understanding of the event management process of Angklung Pride #9 bySaung Angklung Udjo using Joe Goldblatt’s Special Event Theory in five stages. Those stages are research,design, planning, coordination, and evaluation. The data was acquired by deep interviews, observations, anddocumentations process. The conclusion of this research divided the event management process in fivestages, which are summarized into three part. Those part are planning, execution, and evaluation. Planningprocess included concept, idea, and theme decision process, organization structure making and job descriptiondistribution, risk management planning, and place and time determining. Execution process aim forconcept, place, event contents, entertainment, and promotion activity implementation. The last is evaluationprocess which included things that can be used for the next Angklung Pride event improvement.

Risk Management Planning for Agricultural Business Owners

Risk identification is the beginning point for risk management planning because solution identification begins with knowledge of the problem. This 4-page document presents questions to consider regarding production risk, price or market risk, financial risk, legal risk, and human risk. Written by Martie Gillen and Beatrice Pierre, and published by the UF/IFAS Department of Family, Youth and Community Sciences, August 2019.http://edis.ifas.ufl.edu/fy1485

An Overview of Risk Management Planning

As risks evolve and diversify, approaches to conducting business require a targeted focus on risk management, particularly in agriculture. This new 3-page document explores risk in agriculture, the need to understand risk, formation of strategies to manage risk, and government programs that exist to help growers and producers manage risk. Written by Martie Gillen and Beatrice Pierre, and published by the UF/IFAS Department of Family, Youth and Community Sciences, May 2019. http://edis.ifas.ufl.edu/fy1482