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Books > Business & Economics > Business & management > Management & management techniques > Project management

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Risk Management in Small and Medium Enterprises (Paperback) Loot Price: R1,252
Discovery Miles 12 520
Risk Management in Small and Medium Enterprises (Paperback): Chiara Crovini

Risk Management in Small and Medium Enterprises (Paperback)

Chiara Crovini

Series: Routledge-Giappichelli Studies in Business and Management

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Loot Price R1,252 Discovery Miles 12 520 | Repayment Terms: R117 pm x 12*

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This book offers a fresh method of assessing and managing risks in SMEs, by adopting a multidisciplinary approach. In small and medium companies, the risk management process cannot be often formalised and procedures are usually integrated unconsciously into the decision-making process. Therefore, to enhance the flexibility of these companies, increase their market share and allow them to grow and manage risks more effectively, the first step is to improve the way decisions are made. Consequently, it is fundamental for those companies to improve the awareness about the way reasonable decisions are made, which can be achieved only through a proper knowledge and the definition of the Risk Appetite Framework. Therefore, by improving knowledge, the risk appetite and awareness in the decision making, companies will implicitly start developing a risk consciousness, which can be translated into a sound risk approach. SMEs need to understand the importance of an effective internal control system. Hence, the central point is the necessity to start reconsidering the company as a unique entity, by adopting a holistic approach. The book explores whether small and medium companies should adopt a formalised risk management process and, more importantly, the role that the development of an appropriate risk mindfulness and approach to expand existing functions plays in these entities. It suggests an appropriate way of thinking about risk, starting with the amalgamation of both past and present theories, and enabling SMEs to find a solution to improve the effectiveness of their risk management strategies.

General

Imprint: Routledge
Country of origin: United Kingdom
Series: Routledge-Giappichelli Studies in Business and Management
Release date: September 2020
First published: 2019
Authors: Chiara Crovini
Dimensions: 234 x 156mm (L x W)
Format: Paperback
Pages: 106
ISBN-13: 978-0-367-66187-8
Categories: Books > Business & Economics > Economics > General
Books > Business & Economics > Business & management > Business strategy
Books > Business & Economics > Business & management > Management & management techniques > Project management
Books > Business & Economics > Business & management > Management of specific areas > Production & quality control management
Books > Business & Economics > Business & management > Management of specific areas > Research & development management
Books > Business & Economics > Business & management > Management of specific areas > Purchasing & supply management
Books > Business & Economics > Business & management > Business mathematics & systems > General
LSN: 0-367-66187-X
Barcode: 9780367661878

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