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Managing risks during strategy implementation, literature review

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 o...

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Main Authors: Mohamed Mahmoud, Abdelgadir, Ahmed, Omer Mohammed Osman Said
Format: Article
Published: International Journal of Innovative Research in Engineering & Multidisciplinary Physical Sciences (IJIRMPS) 2018
Subjects:
T Technology (General)
Online Access:http://eprints.utm.my/id/eprint/82308/
http://www.ijirmps.org
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spelling my.utm.823082019-11-24T03:19:50Z http://eprints.utm.my/id/eprint/82308/ Managing risks during strategy implementation, literature review Mohamed Mahmoud, Abdelgadir Ahmed, Omer Mohammed Osman Said T Technology (General) 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. International Journal of Innovative Research in Engineering & Multidisciplinary Physical Sciences (IJIRMPS) 2018 Article PeerReviewed 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 http://www.ijirmps.org
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
topic T Technology (General)
spellingShingle T Technology (General)
Mohamed Mahmoud, Abdelgadir
Ahmed, Omer Mohammed Osman Said
Managing risks during strategy implementation, literature review
description 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.
format Article
author Mohamed Mahmoud, Abdelgadir
Ahmed, Omer Mohammed Osman Said
author_facet Mohamed Mahmoud, Abdelgadir
Ahmed, Omer Mohammed Osman Said
author_sort Mohamed Mahmoud, Abdelgadir
title Managing risks during strategy implementation, literature review
title_short Managing risks during strategy implementation, literature review
title_full Managing risks during strategy implementation, literature review
title_fullStr Managing risks during strategy implementation, literature review
title_full_unstemmed Managing risks during strategy implementation, literature review
title_sort managing risks during strategy implementation, literature review
publisher International Journal of Innovative Research in Engineering & Multidisciplinary Physical Sciences (IJIRMPS)
publishDate 2018
url http://eprints.utm.my/id/eprint/82308/
http://www.ijirmps.org
_version_ 1654960021873623040
score 13.211869

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