Decision-making framework methodology: risk assessment in strategic management Online publication date: Wed, 09-Jun-2010
by Severine Sperandio, Philippe Girard
International Journal of Management and Decision Making (IJMDM), Vol. 11, No. 1, 2010
Abstract: In response to the evolutions of its environment and possible internal dysfunctions, a company evolves thanks to strategic decisions then actions on its constitution, on the products manufactured and/or the network to which it belongs (suppliers, subcontractors, customers, etc.). Nevertheless, such actions lead to investing in a project by giving up the idea of an immediate profitability and by accepting a certain risk. Before employing their resources for such investments, companies must also wonder about their financings and take time to reflect about their strategy. This research aims to establish a risk management procedure for strategic projects in order to facilitate decision-makings of senior managers and also improve global performances of companies. Such a procedure, by enabling senior managers to identify and analyse sources of risk, constitutes a management tool allowing to improve strategic decision-making processes.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Management and Decision Making (IJMDM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook