The Construction of Risk Model (PDRC Model) for Collaborative Network Organization

Xiadi Cui () and Juanqiong Gou ()
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Xiadi Cui: Beijing Jiaotong University
Juanqiong Gou: Beijing Jiaotong University

A chapter in LISS 2021, 2022, pp 735-746 from Springer

Abstract: Abstract Modern enterprises generally believe that the scientific implementation of internal control risk management is an important guarantee for the construction of enterprise internal control management efficiency system. However, in the increasingly competitive market environment, enterprises often inevitably need to seek cooperation with partners. Therefore, only relying on the strong control mode can’t meet the long-term development of enterprises. Under the guidance of this perspective, this paper analyzes the construction method of collaborative risk management domain model, adds organizational elements to the risk model, constructs PDRC model (Partner/ Danger/ Risk/ Consequence chain) and gives the method of element identification. At the same time, the author specifically expanded five types of application forms of the model to analyze the relationship between entity categories and risk management strategies. Then try to summarize inherent laws. Finally, this paper given two business scenarios of a large petrochemical trading company in China to verify the proposed model and its application rules. This study can provide a model basis for collaborative risk management of future organizations.

Keywords: Collaborative network; Risk management; PDRC model; Entity properties; Elements to identify (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:lnopch:978-981-16-8656-6_65

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DOI: 10.1007/978-981-16-8656-6_65

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