Abstract
| Original language | English |
|---|---|
| Title of host publication | Reliability, Risk and Safety |
| Subtitle of host publication | Theory and Applications |
| Editors | Radim Bris, Carlos Guedes Soares, Sebastián Martorell |
| Publisher | CRC Press |
| Pages | 401-406 |
| Volume | 1 |
| ISBN (Electronic) | 978-0-429-20650-4 , 0-203-85975-0 |
| ISBN (Print) | 978-0-415-55509-8 |
| DOIs | |
| Publication status | Published - 2009 |
| MoE publication type | A4 Article in a conference publication |
| Event | European Safety and Reliability Conference, ESREL 2009 - Prague, Czech Republic Duration: 7 Sep 2009 → 10 Sep 2009 |
Conference
| Conference | European Safety and Reliability Conference, ESREL 2009 |
|---|---|
| Country | Czech Republic |
| City | Prague |
| Period | 7/09/09 → 10/09/09 |
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Keywords
- risk management
- strategic planning
- management frameworks
- SMEs
Cite this
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Integrating risk management into strategic planning in SMEs. / Kupi, Eija; Keränen, Jaana; Mikkola, Markku; Uusitalo, Teuvo.
Reliability, Risk and Safety: Theory and Applications. ed. / Radim Bris; Carlos Guedes Soares; Sebastián Martorell. Vol. 1 CRC Press, 2009. p. 401-406.Research output: Chapter in Book/Report/Conference proceeding › Conference article in proceedings › Scientific › peer-review
TY - GEN
T1 - Integrating risk management into strategic planning in SMEs
AU - Kupi, Eija
AU - Keränen, Jaana
AU - Mikkola, Markku
AU - Uusitalo, Teuvo
N1 - Project code: 26630
PY - 2009
Y1 - 2009
N2 - Current trends in risk management emphasize approaches where all risks related to the business operations are viewed as one entity and the couplings between different risks are understood. Small and medium-sized enterprises (SMEs) would benefit from approaches that would integrate risk management into other management processes e.g. strategic planning, quality or operational management. This paper presents the findings from a literature review and the results of studying the risk management process at five Finnish SMEs. The paper discusses the main motivating factors and management objectives for risk management in SMEs. Conclusions on how risk management should be integrated into the management and leadership of SMEs are drawn.
AB - Current trends in risk management emphasize approaches where all risks related to the business operations are viewed as one entity and the couplings between different risks are understood. Small and medium-sized enterprises (SMEs) would benefit from approaches that would integrate risk management into other management processes e.g. strategic planning, quality or operational management. This paper presents the findings from a literature review and the results of studying the risk management process at five Finnish SMEs. The paper discusses the main motivating factors and management objectives for risk management in SMEs. Conclusions on how risk management should be integrated into the management and leadership of SMEs are drawn.
KW - risk management
KW - strategic planning
KW - management frameworks
KW - SMEs
U2 - 10.1201/9780203859759
DO - 10.1201/9780203859759
M3 - Conference article in proceedings
SN - 978-0-415-55509-8
VL - 1
SP - 401
EP - 406
BT - Reliability, Risk and Safety
A2 - Bris, Radim
A2 - Guedes Soares, Carlos
A2 - Martorell, Sebastián
PB - CRC Press
ER -