Universiti Teknologi Malaysia Institutional Repository

Managing risks during strategy implementation, literature review

Mohamed Mahmoud, Abdelgadir and Ahmed, Omer Mohammed Osman Said (2018) Managing risks during strategy implementation, literature review. International Journal of Innovative Research in Engineering & Multidisciplinary Physical Sciences (IJIRMPS), 6 (6). pp. 1-13. ISSN 2349 - 7300

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Official URL: http://www.ijirmps.org


The main aim of the various risk management frameworks is to ensure that intended strategies are executed, and the related objectives accomplished, which means that these frameworks give priority to controls. Enterprise risk management frameworks, no matter how well designed and operated, provides only reasonable assurance to management and the board of directors regarding achievement of an entity’s objectives but in the operational level, disregarding the evaluation the track of the strategy plan through implementation stage, These include the realities that human judgment in decision making can be faulty and that breakdowns can occur because of such human failures, and management can override the enterprise risk management process, including risk response decisions and control activities. So, it will be necessary, to develop some frameworks for assessing risks with considering the perspectives of the whole range of strategy stage, and avoid confusing objective assessment during strategy implementation.

Item Type:Article
Uncontrolled Keywords:risk management, strategy implementation
Subjects:T Technology > T Technology (General)
Divisions:Razak School of Engineering and Advanced Technology
ID Code:82308
Deposited By: Siti Nor Hashidah Zakaria
Deposited On:30 Sep 2019 09:00
Last Modified:24 Nov 2019 03:19

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