Buch, Englisch, 106 Seiten, Format (B × H): 155 mm x 239 mm, Gewicht: 295 g
Reihe: Routledge-Giappichelli Studies in Business and Management
Buch, Englisch, 106 Seiten, Format (B × H): 155 mm x 239 mm, Gewicht: 295 g
Reihe: Routledge-Giappichelli Studies in Business and Management
ISBN: 978-0-367-22679-4
Verlag: Taylor & Francis
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.
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Weitere Infos & Material
Introduction 1. Theoretical background 2. The management of risks in SMEs 3. Case study 4. Key emerging issues 5. Summary and conclusion