What Is Business Risk Management?

Total risk management is a new concept that is currently mainly used in the field of enterprise management, so the following will be explained around enterprise management. The definition here refers to the "Guide to Comprehensive Risk Management of Central Enterprises" issued by the State-owned Assets Supervision and Administration Commission in June 2006.

Basic Information

Chinese name
Total risk management
Application
Business Management
Refer to
Guidelines for Comprehensive Risk Management of Central Enterprises
Subject
management
The so-called comprehensive risk management refers to the company's overall business objectives, through the implementation of the basic process of risk management in all aspects of business management and business processes, cultivate a good risk management culture, establish a sound comprehensive
The concepts of internal control and risk management are gradually produced, developed and improved in practice.
In the 1930s, due to the global economic crisis of 1929-1933, about 40% of banks and enterprises in the United States went bankrupt, and the economy went back about 20 years. To cope with the crisis in the United States, many large and medium-sized enterprises have set up insurance management departments internally to arrange various insurance programs for the enterprises. It can be seen that
Chinese research in this area began in the 1980s. Some scholars have introduced the theory of risk management and security systems engineering to China, and have been satisfied with the trials of a few companies. But most Chinese companies lack awareness of risk management and have not established specialized
(1) put
The core of a bank's comprehensive risk management includes: (1) a global risk management system; (2) a comprehensive risk management scope; (3) the entire risk management process; (4) a new risk management method; (5) a full-fledged approach Risk management culture.

IN OTHER LANGUAGES

Was this article helpful? Thanks for the feedback Thanks for the feedback

How can we help? How can we help?