IMPROVING THE EFFECTIVENESS OF THE RISK MANAGEMENT SYSTEM
The article considers the importance of an effective risk management system in the conditions of uncertainty and instability for Russian companies. It concludeis that it is necessary to implement such a system to improve the management efficiency of a modern organization, using the example of PJSC “...
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| Format: | Article |
| Language: | English |
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Publishing House of the State University of Management
2021-05-01
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| Series: | Вестник университета |
| Subjects: | |
| Online Access: | https://vestnik.guu.ru/jour/article/view/2756 |
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| _version_ | 1832541686724558848 |
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| author | I. V. Soklakova V. V. Gorlov P. A. Pashkov |
| author_facet | I. V. Soklakova V. V. Gorlov P. A. Pashkov |
| author_sort | I. V. Soklakova |
| collection | DOAJ |
| description | The article considers the importance of an effective risk management system in the conditions of uncertainty and instability for Russian companies. It concludeis that it is necessary to implement such a system to improve the management efficiency of a modern organization, using the example of PJSC “Geotek Seismo Razvedka”. The advantages and disadvantages of the existing risk management policy are identified. The authors suggest measures to improve the risk management system for this company. The article proposes to develope (define) the key risk indicators, offers to intensify risk management activities in the field of risk monitoring. To do this, the authors recommend to implement the Omnitracker Risk Management software product as a system for automating the company’s risk management processes. The advantages of this product are considered, and a schedule for the implementation of Omnitracker Risk Management in PJSC “Geotek Seismo Razvedka”is developed. |
| format | Article |
| id | doaj-art-64c0cb98181740fda2e69e76f80fb4e0 |
| institution | Kabale University |
| issn | 1816-4277 2686-8415 |
| language | English |
| publishDate | 2021-05-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj-art-64c0cb98181740fda2e69e76f80fb4e02025-02-04T08:28:07ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152021-05-0103141810.26425/1816-4277-2021-3-14-181986IMPROVING THE EFFECTIVENESS OF THE RISK MANAGEMENT SYSTEMI. V. Soklakova0V. V. Gorlov1P. A. Pashkov2Moscow Economic InstituteGubkin Russian State University of Oil and Gas; Moscow State University of Management of the Government of Moscow named after Yu.M. Luzhkov; Moscow Economic InstituteMoscow State University of Management of the Government of Moscow named after Yu.M. Luzhkov; School 1945, MoscowThe article considers the importance of an effective risk management system in the conditions of uncertainty and instability for Russian companies. It concludeis that it is necessary to implement such a system to improve the management efficiency of a modern organization, using the example of PJSC “Geotek Seismo Razvedka”. The advantages and disadvantages of the existing risk management policy are identified. The authors suggest measures to improve the risk management system for this company. The article proposes to develope (define) the key risk indicators, offers to intensify risk management activities in the field of risk monitoring. To do this, the authors recommend to implement the Omnitracker Risk Management software product as a system for automating the company’s risk management processes. The advantages of this product are considered, and a schedule for the implementation of Omnitracker Risk Management in PJSC “Geotek Seismo Razvedka”is developed.https://vestnik.guu.ru/jour/article/view/2756risk managementefficiencykey risk indicatorsrisk monitoringrisk management automationsoftware productomnitracker risk managementimplementation schedule |
| spellingShingle | I. V. Soklakova V. V. Gorlov P. A. Pashkov IMPROVING THE EFFECTIVENESS OF THE RISK MANAGEMENT SYSTEM Вестник университета risk management efficiency key risk indicators risk monitoring risk management automation software product omnitracker risk management implementation schedule |
| title | IMPROVING THE EFFECTIVENESS OF THE RISK MANAGEMENT SYSTEM |
| title_full | IMPROVING THE EFFECTIVENESS OF THE RISK MANAGEMENT SYSTEM |
| title_fullStr | IMPROVING THE EFFECTIVENESS OF THE RISK MANAGEMENT SYSTEM |
| title_full_unstemmed | IMPROVING THE EFFECTIVENESS OF THE RISK MANAGEMENT SYSTEM |
| title_short | IMPROVING THE EFFECTIVENESS OF THE RISK MANAGEMENT SYSTEM |
| title_sort | improving the effectiveness of the risk management system |
| topic | risk management efficiency key risk indicators risk monitoring risk management automation software product omnitracker risk management implementation schedule |
| url | https://vestnik.guu.ru/jour/article/view/2756 |
| work_keys_str_mv | AT ivsoklakova improvingtheeffectivenessoftheriskmanagementsystem AT vvgorlov improvingtheeffectivenessoftheriskmanagementsystem AT papashkov improvingtheeffectivenessoftheriskmanagementsystem |