Implementing a holistic risk management for Small and Medium-sized enterprises.

Henschel, Thomas (2009) Implementing a holistic risk management for Small and Medium-sized enterprises. In: 54th Annual World Conference on the International Council for Small Business, 21-24 June 2009, Seoul, Korea.

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Business management literature has largely neglected the theme of risk management for SMEs.
This workshop sketches the outline of a holistic risk management system for SMEs to overcome
the deficits and restrictions that have been detected in the literature. It also offers how such a
system could be implemented step by step. All propositions pursue the aim of being practicable for
SMEs. The presented holistic risk management framework takes care of the existing business
planning and performance measurement instruments of an SME. Special emphasis will be given to
business planning for a solid base of risk management. The underlying risk management
framework is based on a larger empirical study into SMEs.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Business Planning; Holistic Risk Management; Project Risk Management; Risk profile; Small and Medium-sized Enterprises;
University Divisions/Research Centres: The Business School > School of Accounting, Financial Services and Law
Dewey Decimal Subjects: 600 Technology > 650 Management & public relations > 658 General management
Library of Congress Subjects: H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management
Item ID: 4908
Depositing User: Mrs Lyn Gibson
Date Deposited: 23 Jan 2012 10:28
Last Modified: 11 Sep 2012 13:21

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