Authors : Svetlana S. Golubeva, Julia O. Glushkova, Alla V. Pakhomova, Lyudmila V. Slavnetskova and Ramila R. Bashirzade
Abstract: As of today, the main issue is tending to import substitution of products of industrial enterprises the operation of which is influenced by numerous factors of the external and internal environment is attended by risks arising at different stages of formation of the finished product: from purchases of the raw materials and components to the output of the finished products. At the same time, one of the issues is loss in effect of the risk factor of non-execution of agreements which is especially, topical for production and supply of the high-priced finished products in the necessary quantity and in time. During this study, the theoretical fundamentals of management of industrial enterprises risks were studied on the basis of which the pre-requisites for building of the risk management system for an industrial enterprise which allowed structuring the risks and ensure identification and ranking of risks with account for the industrial specifics. The study also provides the analysis and offers classification of the industrial enterprise risks based on the use of the new attributes such as risks determined by the cooperation with the suppliers that differs through more comprehensive coverage of classifying attributes and allows thoroughly analyzing the kinds of risks and considering them by design of the risk management system. The structuring of the process and methods of the industrial risks management based on identification of potential risk areas has been performed. The result of the study is the cost-effectiveness analysis of the organizational-engineering measures aimed at reducing the risk effect on the performance results.
Svetlana S. Golubeva, Julia O. Glushkova, Alla V. Pakhomova, Lyudmila V. Slavnetskova and Ramila R. Bashirzade, 2015. Peculiarities of Building of the Risk Management System of an Industrial Enterprise. International Business Management, 9: 756-761.