RISK MANAGEMENT STRATEGIES IN ORGANIZATIONS

Authors

  • Maria Veleva

Keywords:

risk management, strategy, risk, sustainable development, competitiveness.

Abstract

In the contemporary dynamic economic environment, risk management has become a key element of strategic management in organizations. This article examines the essence of strategy and its role in achieving organizational goals, with a focus on the main risk management strategies.

Key approaches such as risk avoidance, loss prevention and control, and risk acceptance are analyzed. Methods for risk management and distribution, including reserving funds and risk transfer, are also examined.

The conclusion highlights the importance of an integrated approach to risk management as a prerequisite for achieving sustainable development and enhancing organizational competitiveness.

References

1. Gl. as. d-r Emiliya Milanova, Lektsii po distsiplinata „Upravlenie na riska“

2. Onlayn izdanie BDS Kompas, broy 4, str.5

3. Hristo Draganov, „Upravlenie na riska“, Trakiya M, 2003, str. 54-56

4. Michael Crouhy, Dan Galai, and Robert Mark, „The Essentials of Risk Management“,

McGraw-Hill Professional 2008, 213-214

5. D-r Delfina Gabriela Garido Ramos, „Upravlenie na riska. Obsht pregled“, Nova

Science Publishers, 2021, 24-25

6. Mintzberg et al. 2005: 9-18; srv. Isoherranen 2012: 15; Kruger 2010: 30-34

7. Gates 2010: 4-5 etc.; Zegers, Murombezi 2004: 53-55.

Published

2026-10-21