PECULIARITIES OF RISK MANAGEMENT SYSTEM FORMATION AT THE ENTERPRISE

Abstract

Each of the subjects of market relations at all levels is affected by unforeseen circumstances and risk situations, an adequate response to which allows to save resources, and market position. In addition, risk management involves risk analysis and active search for a variety of tools to influence them. Thus, it can be noted that no risk management system can exist without a structured risk model that is currently a threat. Analysis of potential and known risks is a very important area in planning the company’s activities. The research presents the main elements of the risk management system at the enterprise. A detailed description of each of them is given. The main tasks to be performed by the risk management system are also formed and singled out. In addition, an additional sequence of risk management process was proposed, which can be adapted to the activities of enterprises of different types and forms of ownership. In modern conditions, the activities of large corporations, multidisciplinary and multinational companies are associated with the presence in the production process of a wide range of risks of financial, technological, technical, legal, social, environmental, ethical, political and other nature. International management practices of large companies show that many of them have a risk management system throughout the enterprise. And although today the field of risk management is still relatively young and new direction, when creating and developing a corporate risk management system in the enterprise must take into account, on the one hand, existing achievements in the development of standardization in risk management, on the other – main lessons and main conclusions from the short-term, but already accumulated practical experience of risk management of leading companies. It can be noted that the proposed sequence of risk management system can be adapted to the company, and will allow to establish effective work with risks. Therefore, in order to propose a set of measures to prevent risks or reduce the associated adverse effects, it is necessary to identify relevant factors and assess their significance. The object of the risk management system are the sources and risk factors that may have a negative impact on the activities of the enterprise, as well as the identified dangers and threats. The study has theoretical and practical value. In particular, the theoretical is to expand scientific views on determining the nature of the risk management system of the enterprise and its component structure. The practical value lies in the formulation of recommendations for choosing an approach to the formation of such a system and its structural elements. However, this study should be continued in the direction of developing methodological approaches to assessing the effectiveness of the risk management system of the enterprise, as well as strategic, tactical and operational measures of its operation.