Improving Organization Performance Through Risk Management in Order to Survive a Crisis Period Cover Image

Improving Organization Performance Through Risk Management in Order to Survive a Crisis Period
Improving Organization Performance Through Risk Management in Order to Survive a Crisis Period

Author(s): Nadia Ciocoiu, Cătălin Răzvan DOBREA, Gabriela BEREA
Subject(s): Business Economy / Management, Micro-Economics, Economic development
Published by: EDITURA ASE
Keywords: risk management; features; crisis; standards; performance;

Summary/Abstract: The preoccupations for improving organization performance through risk management have intensified in the last years. These materialized in establishing an adequate terminology of the risk, sustained by modern and efficient methods and instruments of management, guides, standards or methodologies worked out with the purpose of formalizing the process of risk management. The importance of risk management is illustrated by organisations that have been devastated by the ineffective management of risks, especially in the hazardous times. In this context, the enterprises are focusing to find out their perspectives on how to achieve the high performance through risk management in order to survive a crisis period. This paper presents the main features of risk management in today’s world, analyses the performance of risk management and discuss some practical steps for improving performance through risk management in organizations.

  • Issue Year: 10/2009
  • Issue No: S1
  • Page Range: 481-488
  • Page Count: 8
  • Language: English