Problems of Risk-based Management as a Factor in Ensuring the Strategic Development and Competitive Sustainability of Russian Organizations under Current Conditions and the Ways to Solve Them

Aleksandr Kiselev, Aleksandr Kiselev, Marina Ugryumova, Anna Strausova, Marina Mayorova

2021

Abstract

With the transition of Russia to a market economy, Russian organizations tried to learn from the experience of foreign organizations in a competitive environment, while being more open about their plans and actions, that then often led to serious problems in effectiveness of their activities. Foreign organizations saw the increasing competitiveness of Russian organizations as a threat to their competitive sustainability and tend to be put in a position to affect the activities of Russian organizations in a way that would benefit them. At the same time, foreign organizations are supported by their states, which in order to “damage” competitive sustainability of Russian organizations, successfully operating in the world market, both by economic methods in the form of sanctions, and by political methods, depriving Russian organizations of advantageous foreign contracts for “artificial” reasons. Another important risk factor for loss of competitive sustainability of domestic organizations is represented by current problems in the domestic economy and the orientation of many Russian organizations only on “today’s” results, which leads to problems of their strategic development and long-term competitive sustainability. This paper shows the problems of ensuring the competitive sustainability of Russian organizations in current conditions, which affects their strategic development, and possible ways to solve them using risk-based management. The formulation of such recommendations was based on an analysis of the current competitive sustainability situation of domestic organizations and their experience in operating in a market environment, as well as substantiating the essence of risk-based management as a scientific category of the domestic science of organization management.

Paper Citation

in Harvard Style

Kiselev A., Ugryumova M., Strausova A. and Mayorova M. (2021). Problems of Risk-based Management as a Factor in Ensuring the Strategic Development and Competitive Sustainability of Russian Organizations under Current Conditions and the Ways to Solve Them. In Proceedings of the International Scientific-Practical Conference "Ensuring the Stability and Security of Socio-Economic Systems: Overcoming the Threats of the Crisis Space" - Volume 1: SES, ISBN 978-989-758-546-3, pages 165-171. DOI: 10.5220/0010695800003169

in Bibtex Style

@conference{ses21,
author={Aleksandr Kiselev and Marina Ugryumova and Anna Strausova and Marina Mayorova},
title={Problems of Risk-based Management as a Factor in Ensuring the Strategic Development and Competitive Sustainability of Russian Organizations under Current Conditions and the Ways to Solve Them},
booktitle={Proceedings of the International Scientific-Practical Conference "Ensuring the Stability and Security of Socio-Economic Systems: Overcoming the Threats of the Crisis Space" - Volume 1: SES,},
year={2021},
pages={165-171},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010695800003169},
isbn={978-989-758-546-3},
}

in EndNote Style

TY - CONF

JO - Proceedings of the International Scientific-Practical Conference "Ensuring the Stability and Security of Socio-Economic Systems: Overcoming the Threats of the Crisis Space" - Volume 1: SES,
TI - Problems of Risk-based Management as a Factor in Ensuring the Strategic Development and Competitive Sustainability of Russian Organizations under Current Conditions and the Ways to Solve Them
SN - 978-989-758-546-3
AU - Kiselev A.
AU - Ugryumova M.
AU - Strausova A.
AU - Mayorova M.
PY - 2021
SP - 165
EP - 171
DO - 10.5220/0010695800003169