The teoretical aspects of Risk management and Crisis management

This article defines the theoretical specification of risk management and crisis management. The main goal of this article is to define the basic features and understand the reciprocal relations between risk management and crisis management and their function in the business environment.Risk managem...

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Main Author:	Josef Zrůst
Format:	Article
Language:	English
Published:	Mendel University Press 2009-01-01
Series:	Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
Subjects:	risk risk management crisis crisis management causes of enterprise's crisis crisis phases
Online Access:	https://acta.mendelu.cz/57/6/0377/

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spelling	doaj-59127fc720044164b7e89ee14a33b5cc2020-11-24T22:57:23ZengMendel University PressActa Universitatis Agriculturae et Silviculturae Mendelianae Brunensis1211-85162464-83102009-01-0157637738210.11118/actaun200957060377The teoretical aspects of Risk management and Crisis managementJosef Zrůst0Ústav managementu, Mendelova lesnická a zemědělská univerzita v Brně, Zemědělská 1, 613 00 Brno, Česká republikaThis article defines the theoretical specification of risk management and crisis management. The main goal of this article is to define the basic features and understand the reciprocal relations between risk management and crisis management and their function in the business environment.Risk management is a process of risk regulation. It helps to protect an enterprise from the impact of existing and future risks. Part of this process is the decision process which derives from risk's analysis.Crisis management can be defined as a permanent process of monitoring single factors of efficiency with the goal to identifying and applying proactive steps leading to the prevention of crisis creation and its negative effects. Another definition evaluates crisis management as a process of crisis identification and the enterprise's subsequent stabilization.The specification of areciprocal relationship between risk management and crisis management arises from the definition of risk as a source of danger causing current or future crisis in the enterprise.https://acta.mendelu.cz/57/6/0377/riskrisk managementcrisiscrisis managementcauses of enterprise's crisiscrisis phases
collection	DOAJ
language	English
format	Article
sources	DOAJ
author	Josef Zrůst
spellingShingle	Josef Zrůst The teoretical aspects of Risk management and Crisis management Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis risk risk management crisis crisis management causes of enterprise's crisis crisis phases
author_facet	Josef Zrůst
author_sort	Josef Zrůst
title	The teoretical aspects of Risk management and Crisis management
title_short	The teoretical aspects of Risk management and Crisis management
title_full	The teoretical aspects of Risk management and Crisis management
title_fullStr	The teoretical aspects of Risk management and Crisis management
title_full_unstemmed	The teoretical aspects of Risk management and Crisis management
title_sort	teoretical aspects of risk management and crisis management
publisher	Mendel University Press
series	Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
issn	1211-8516 2464-8310
publishDate	2009-01-01
description	This article defines the theoretical specification of risk management and crisis management. The main goal of this article is to define the basic features and understand the reciprocal relations between risk management and crisis management and their function in the business environment.Risk management is a process of risk regulation. It helps to protect an enterprise from the impact of existing and future risks. Part of this process is the decision process which derives from risk's analysis.Crisis management can be defined as a permanent process of monitoring single factors of efficiency with the goal to identifying and applying proactive steps leading to the prevention of crisis creation and its negative effects. Another definition evaluates crisis management as a process of crisis identification and the enterprise's subsequent stabilization.The specification of areciprocal relationship between risk management and crisis management arises from the definition of risk as a source of danger causing current or future crisis in the enterprise.
topic	risk risk management crisis crisis management causes of enterprise's crisis crisis phases
url	https://acta.mendelu.cz/57/6/0377/
work_keys_str_mv	AT josefzrust theteoreticalaspectsofriskmanagementandcrisismanagement AT josefzrust teoreticalaspectsofriskmanagementandcrisismanagement
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The teoretical aspects of Risk management and Crisis management

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