Borisova I.V. STRATEGIC RISK MANAGEMENT IN DESIGN COMPANIES (BASED ON LLC GIPROSINTEZ)

DOI: https://doi.org/10.15688/ek.jvolsu.2020.1.12

Irina V. Borisova

Category I Engineer, Project Chief Engineers Bureau, LLC “Giprosintez”, Raboche-Krestyanskaya St., 30а, 400074 Volgograd, Russian Federation, This email address is being protected from spambots. You need JavaScript enabled to view it. , https://orcid.org/0000-0003-4617-3735


Abstract. The article reviews the risks that affect design activities with reference to and critical analysis of existing publications on risk management efficiency. As a result of systematization of risks, the most common problems in the field of design are characterized and a program for managing strategic risks is compiled. Thestrategic risk management program describes the existing categories of strategic risks that design companies tend to face, the design company’s strategic risk analysis, the strategic risk protection policy, strategic risk management scenarios and the organizational breakdown structure for evaluating and managing strategic risks, and the strategic risk management program monitoring procedures. The risk systematization identifies some risk categories, such as operational strategic risks (production risks including personnel-, technology-, planning-, industry- and financerelated, and commercial risks) and strategy-inherent risks. The author suggests a method for risk assessment by expert evaluation. The strategic risk management scenarios presented herein outline the measures that, being properly implemented, decrease the probability of risk occurrence and thus enable to make the risks more controllable and promptly respond to external and internal challenges. The strategic risk management program suggested by the author helps configure the potential strategic approaches to ensure financial stability of a design company.


Key words: strategic risk, design activity, strategic risk management, program, strategic risk analysis.

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“STRATEGIC  RISK  MANAGEMENT  IN  DESIGN  COMPANIES (BASED  ON  LLC  GIPROSINTEZ)” SYSTEM by Borisova I.V. is licensed under a Creative Commons Attribution 4.0 International License.

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