RESILIENCE AS A CRITICAL SUCCESS FACTOR OF RISK MANAGEMENT

Angela Belobrov

Risk in Contemporary Economy, 2014, 325-330

Abstract: All the economical entities operate in a complex economic environment marked by economic crisis and stressed the growing dynamism in terms of intensifying competition. In our opinion, changing the environment and enhancing the uncertainty is due to the existence of a number of factors that act as "mutagen" that have the ability to produce mutations environment with a higher frequency of spontaneous mutations. Analysis allows outlining the main factors influencing management approach necessary to increase efficiency and competitiveness of all of this. A proposed solution is to recognize the resilience as a Critical Success Factors for improve risk management.

Keywords: Risk management; Critical Success Factors; Resilience (search for similar items in EconPapers)
Date: 2014
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