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Organizational Risk-Management Perspectives from the General Systems Theory Point of View

https://doi.org/10.32686/1812-5220-2020-17-4-54-63

Abstract

The purpose of this work is to identify possible ways of organizational risk management development as part of the evolution of the planetary socio-ecological system (socio-ecosystem). For this purpose, the planetary socio-ecosystem was considered as an object from the point of view of the general theory of systems. It was shown that the deviation of this system from the stationary state, which is accompanied by sharp fluctuations and bifurcations, leads to the need to adapt the risk management activity in organizations to external conditions. As a result of the analysis, two perspective directions for the development of risk management in organizations where identifi ed. The first direction is based on the method of reducing external risks by controlled influence on the parameters of the planetary system. The general theory of systems states that a controlled approximation of a system to a stationary state is possible by self-organization of system`s elements. Based on research on the economy of common resources and the representation of organizations as elements of the planetary socio-ecosystem, as well as on the analysis of recent international trends in achieving sustainable development, a conclusion about the relevance of organizations ‘ participation in cooperative activities and self-organization in terms of external risk management was made. In order to assist organizations in conducting activities in the bifurcation area the second perspective direction of the risk management development — the concept of resilience — was considered and proposed for practical usage. Expanding the current practice of risk management in organizations to the proposed areas will ensure the appropriate level of adaptability and stability of organizations in relation to the high dynamics of external risks.

About the Author

L. A. Sachenko
Risk-profile LLC
Russian Federation
Larisa A. Sachenko


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For citations:


Sachenko L.A. Organizational Risk-Management Perspectives from the General Systems Theory Point of View. Issues of Risk Analysis. 2020;17(4):54-63. (In Russ.) https://doi.org/10.32686/1812-5220-2020-17-4-54-63

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ISSN 1812-5220 (Print)
ISSN 2658-7882 (Online)