ORGANIZATION RISKS: THREAT OR OPPORTUNITY?

The article studies the category of risk caused by uncertainty of external and internal environment, which exists in the work of any organization during its life cycle. The author analyzes the hypothesis that understanding risk not only as a threat but also as an opportunity has a great potential fo...

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Autor principal: Marina V. Kuzmina
Formato: article
Lenguaje:RU
Publicado: Plekhanov Russian University of Economics 2019
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Acceso en línea:https://doaj.org/article/44b2b8916b9c4d129ee06d6eabe0f6ae
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spelling oai:doaj.org-article:44b2b8916b9c4d129ee06d6eabe0f6ae2021-11-15T05:20:48ZORGANIZATION RISKS: THREAT OR OPPORTUNITY?2413-28292587-925110.21686/2413-2829-2019-3-215-221https://doaj.org/article/44b2b8916b9c4d129ee06d6eabe0f6ae2019-06-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/723https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251The article studies the category of risk caused by uncertainty of external and internal environment, which exists in the work of any organization during its life cycle. The author analyzes the hypothesis that understanding risk not only as a threat but also as an opportunity has a great potential for the development of the enterprise. The idea and use of the uncertainty factor are discussed from the point of view of prospects of raising the organization efficiency. Specific features of the process of decision-making in uncertainty conditions are identified. Special attention is paid to the impact of subjective parameters on the process of risk management, including individual characteristics of people responsible for decision -making in conditions of risk, such as the desire to reach success and wish to avoid failure, personal attitude to risk, inclination to team or individual decision-making, a degree of responsibility, etc. In conclusion the author proves the idea that risk itself is not a hazard for the organization but an assessment of possibility to attain the result corresponding to the goal, including a positive one.Marina V. KuzminaPlekhanov Russian University of Economicsarticleriskuncertaintythreatopportunitiesrisk managementrisk analysisdecision-makingEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 0, Iss 3, Pp 215-221 (2019)
institution DOAJ
collection DOAJ
language RU
topic risk
uncertainty
threat
opportunities
risk management
risk analysis
decision-making
Economics as a science
HB71-74
spellingShingle risk
uncertainty
threat
opportunities
risk management
risk analysis
decision-making
Economics as a science
HB71-74
Marina V. Kuzmina
ORGANIZATION RISKS: THREAT OR OPPORTUNITY?
description The article studies the category of risk caused by uncertainty of external and internal environment, which exists in the work of any organization during its life cycle. The author analyzes the hypothesis that understanding risk not only as a threat but also as an opportunity has a great potential for the development of the enterprise. The idea and use of the uncertainty factor are discussed from the point of view of prospects of raising the organization efficiency. Specific features of the process of decision-making in uncertainty conditions are identified. Special attention is paid to the impact of subjective parameters on the process of risk management, including individual characteristics of people responsible for decision -making in conditions of risk, such as the desire to reach success and wish to avoid failure, personal attitude to risk, inclination to team or individual decision-making, a degree of responsibility, etc. In conclusion the author proves the idea that risk itself is not a hazard for the organization but an assessment of possibility to attain the result corresponding to the goal, including a positive one.
format article
author Marina V. Kuzmina
author_facet Marina V. Kuzmina
author_sort Marina V. Kuzmina
title ORGANIZATION RISKS: THREAT OR OPPORTUNITY?
title_short ORGANIZATION RISKS: THREAT OR OPPORTUNITY?
title_full ORGANIZATION RISKS: THREAT OR OPPORTUNITY?
title_fullStr ORGANIZATION RISKS: THREAT OR OPPORTUNITY?
title_full_unstemmed ORGANIZATION RISKS: THREAT OR OPPORTUNITY?
title_sort organization risks: threat or opportunity?
publisher Plekhanov Russian University of Economics
publishDate 2019
url https://doaj.org/article/44b2b8916b9c4d129ee06d6eabe0f6ae
work_keys_str_mv AT marinavkuzmina organizationrisksthreatoropportunity
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