Risk management as a necessary tool for achieving enterprise strategic resilience
- Authors: Monakhov E.K1
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Affiliations:
- Russian Presidential Academy of National Economy and Public Administration
- Issue: Vol 8, No 5 (2025)
- Pages: 122-131
- Section: ARTICLES
- URL: https://journals.rcsi.science/2658-5286/article/view/377823
- ID: 377823
Cite item
Abstract
this article analyzes risk management as a key tool for achieving enterprise strategic resilience in the face of modern challenges. It examines the fundamental concepts of risk management and strategic resilience, emphasizing their interrelationship and role in ensuring long-term competitiveness. Particular attention is paid to the risks of 2024-2025, including cyber threats, economic instability, and legislative changes. Based on international standards (ISO 31000, COSO ERM) and the latest research, approaches to risk management, their digitalization, organizational innovation, and integration into strategic planning are analyzed. Examples of successful risk management at Russian (Lukoil, Magnit) and international (Toyota) companies are examined, as well as challenges in implementing risk management systems. The article concludes with recommendations for using digital tools, insurance products, and ESG factors to enhance business resilience. The article emphasizes the need for a systematic approach to transforming risks into growth opportunities.
About the authors
E. K Monakhov
Russian Presidential Academy of National Economy and Public Administration
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