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INTEGRATION OF PLANNING SYSTEMS WITH RISK MANAGEMENT SYSTEMS ON LARGE ENTERPRISES

Yu. V. Trifonov (), S. M. Brykalov () and V. Yu. Trifonov ()

Strategic decisions and risk management, 2019, vol. 10, issue 2

Abstract: The article describes the strategic management methodology based on the use of key performance indicators system, recommendations for its further development are given. The necessity of integration above-mentioned methodology with the methodology of risk management systems is justified for large companies. The main conceptual states and stages of key performance indicators system and risk management system integration are given. Integration processes are illustrated by the example of a particular large company.Conceptual states and integration stages of key performance indicators system with risk management system are considered. Specific organizational and technical measures for implementation of above-mentioned systems at the nuclear industry enterprises are described as well. Key performance indicators for risk management system are proposed to be laid for introducing enterprises’ performance management.The results of theoretical and empirical research, the described tools and approaches can be used in other industrial enterprises, regardless of their business.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:abw:journl:y:2019:id:835

DOI: 10.17747/2618-947X-2019-2-122-133

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