Improving Risk Management by Leader through Motivation and Performance
Popescu Constanta,
Dumitrache (Torcica) Gheorghita and
Georgescu Diana – Nicoleta
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Popescu Constanta: Valahia University of Targoviste, Romania
Dumitrache (Torcica) Gheorghita: Valahia University of Targoviste, Romania
Georgescu Diana – Nicoleta: Valahia University of Targoviste, Romania
Risk in Contemporary Economy, 2020, 131-141
Abstract:
The whole society is facing many changes and is subject to many where one has to adapt, that is why leadership can be a way to improve risk management. As soon as the leader manages to have a united, motivated and high-performance team, they will be able to anticipate the risks and manage them as well as possible in order to have successful organizations. The notion of risk has always been one of the elements widely spoken and studied in many fields of activity, and risk management is today a means of quantitative approach of measuring and evaluating the exposure of organizations to well known events and probabilities. Managing these risks is extremely important in overcoming crisis situations, and a good, prepared, competent leader who works with a motivated and efficient people is going to be able to face any challenge in order to maintain the organization's performance.
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fserec:y:2020:p:131-141
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