Supply chain risk management and the role of project managers: a comparative analysis of US and Japanese firms

Takashi Shimizu, Kihyun Park, Youngwon Park and Mark H. Haney

International Journal of Services and Operations Management, 2020, vol. 35, issue 4, 504-527

Abstract: In today's tremendously uncertain business environment, business firms are faced with a wide variety of risks, and risk management is now widely accepted as an important tool in the management of businesses and projects. However, research suggests that there may be differences in the ways that risks are perceived and managed in different cultures. This paper contributes to our understanding of risk management across cultures through the analysis of a risk-management survey administered to firms in both Japan and the USA. The analysis compares risk management practices of Japanese and US firms. Specifically, this paper investigates the patterns of product risk management utilised by US and Japanese firms and discusses possible causes of their differences and how the differences affect firm behaviour. Key findings include that 1) US firms have relatively weak risk management systems compared to their Japanese counterparts; 2) US firms using both project managers and quality management departments for risk management are proactive in their risk management; 3) those firms using only project managers for risk management are reluctant to expand or renew their risk management systems. Possible causes of these differences and how the differences affect firm behaviour are discussed.

Keywords: supply chain risk management; product risk; project management; quality management. (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=105912 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijsoma:v:35:y:2020:i:4:p:504-527

Access Statistics for this article

More articles in International Journal of Services and Operations Management from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().