Risk Management: Lever for SME Development and Stakeholder Value CreationCéline Bérard, Christine Teyssier Risk management practices are growing both in number and complexity in businesses, notably driven by new regulatory standards that feature risk management at their core. Although large businesses are more likely to adopt a formal, holistic approach to risk management, the stakes are just as high for SMEs. Risk management in SMEs can contribute to a certain organizational, entrepreneurial and partnership dynamic which constitutes a real opportunity to evolve practices and improve performance. This book offers varied responses to this question by combining conceptual approaches, empirical illustrations and the associated managerial implications. |
Contents
Role of the Governance System | 3 |
Integration of ISO 26000 International Standard | 25 |
Managing SMEs Economic Dependence | 45 |
Risk Management as a Lever | 85 |
25 | 96 |
A Lever | 107 |
87 | 125 |
used to assign scores | 142 |
risk management perspective | 182 |
From Necessity to Vulnerable Entrepreneur | 193 |
an exploratory study | 200 |
92 | 207 |
93 | 214 |
develop SME entrepreneurship | 220 |
Perception Biases of Failure | 233 |
41 | 248 |
Other editions - View all
Risk Management: Lever for SME Development and Stakeholder Value Creation Céline Bérard,Christine Teyssier No preview available - 2017 |
Common terms and phrases
ability abuse of economic activities adopt agility ambidexterity approach assessment behavior bias Charles MARTINET cognitive biases company’s context corporate counterfeiting risk creation customers decision decision-making dimensions economic dependence relationship employees Enterprise risk management entrepreneurship entreprises environment exploitation external firms focused functioning funders governance heuristics identify impact implementation industrial subcontracting innovation integrated intellectual property International investment ISO 26000 standard law of small literature review manage risks management team mentoring necessity entrepreneurs networks open innovation operational risks organization organizational changes outsourcer overconfidence owner-managers partners perceived perception performance perspective planning fallacy potential proactive product development reputation responsibility risk factors risk identification risk management practices risk of failure risque role sensemaking situation skills Small Business Small Business Economics SME managers social specific ST-PIERRE stakeholders structure suppliers Technology Trois-Rivières uncertainty vulnerable entrepreneurs