The Impact of Strategic Management in Implementing a Risk Management Framework.

Autor: Nyaka, Crisantia, Mosia, Ngaka
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Zdroj: IEOM African Conference Proceedings; 4/23/2024, p221-228, 8p
Abstrakt: Strategic management plays a pivotal role in executing mission-critical initiatives within organizations, fostering a culture of excellence during strategic program implementation. Integrating a risk management framework with strategic management stands out as foundational for startup success. This study investigates the profound influence of strategic management on effectively deploying a risk management framework. It proposes a model that merges strategic and risk management to ensure the successful implementation of risk frameworks. Through a qualitative case study, this paper delineates key performance indicators crucial for decision-makers to monitor, facilitating the seamless integration of risk management practices. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index