RISK-ORIENTED ENTERPRISE POLICY: BASIC ASPECTS

Olena HERASYMENKO

Abstract


The article deals with the risk-oriented approach to management in the system of economic security of the enterprise. A number of basic principles and policy aspects of a risk-based approach to enterprise management based on international risk management standards are proposed. The general information on the basics of enterprise risk, the difficulties involved in determining risk readiness, and the components of the process of determining risk readiness are explored. In the article, the author discloses the distribution and reporting of information on risk readiness by all structural units of the enterprise, the procedure and the process of informing external parties about the willingness to take risk. It also raises the issue of promoting and rewarding the risk-oriented approach, eliminating conflicts of interest and risk culture, which are integral to the successful process of implementing and operating a risk-oriented approach.


Keywords


risk-oriented approach, economic security, policy, enterprise management, risks, stakeholders

References


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Hlushchenko O.O. (2014). Antylehalizatsiinyi finansovyi monitorynh: ryzyk-oriientovanyi pidkhid: monohrafiya [Anti-organizational financial monitoring: a risk-oriented approach: a monograph]. Кyiv: UBS NBU, 386 (in Ukr.).

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