Managerial Decision Making in Indicating a Disruption of Critical Infrastructure Element Resilience
Alena Splichalova,
David Patrman,
Nikol Kotalova and
Martin Hromada
Additional contact information
Alena Splichalova: Faculty of Safety Engineering, VSB—Technical University of Ostrava, 700 30 Ostrava, Czech Republic
David Patrman: Faculty of Safety Engineering, VSB—Technical University of Ostrava, 700 30 Ostrava, Czech Republic
Nikol Kotalova: Faculty of Safety Engineering, VSB—Technical University of Ostrava, 700 30 Ostrava, Czech Republic
Martin Hromada: Faculty of Applied Informatics, Tomas Bata University in Zlin, 760 05 Zlin, Czech Republic
Administrative Sciences, 2020, vol. 10, issue 3, 1-18
Abstract:
Managerial decision making is an integral process used in public and private organizations. Critical infrastructure entities are a strategically significant group dependent on the quality of decision-making processes. They aim to provide services necessary to ensure state security and to satisfy basic human needs. The quality of decision making is an important factor in the management of these entities. The quality level is determined by many factors, the key of which is risk management. For this reason, it is necessary for the operators to minimize risks affecting the elements of the critical infrastructure through which these services are provided. Risk management is commonly used for this purpose, making it possible to assess and manage these risks. However, there is a specific group of threats that affects the resilience of these elements. The indication of these threats is not possible through common risk management. Therefore, it is necessary to develop specific scenarios of negative impacts and procedures for assessing their impact on the resilience of elements of the critical infrastructure. To this end, this conceptual article introduces an entirely new managerial decision-making process for indicating the resilience of critical infrastructure elements.
Keywords: managerial process; decision making; critical infrastructure elements; resilience; disruption; indication (search for similar items in EconPapers)
JEL-codes: L M M0 M1 M10 M11 M12 M14 M15 M16 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jadmsc:v:10:y:2020:i:3:p:75-:d:414507
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