What are the strategies of enterprise risk management

Risk management strategies generally have three points:

1. Risk management must identify risks. Risk identification is to determine which risks may affect the enterprise, and the most important thing is to quantify the degree of uncertainty and possible loss of each risk.

2. Risk management should focus on risk control, and companies usually take active measures to control risks. By reducing the probability and degree of its loss, the purpose of control can be achieved.

3. Risk management should learn to avoid risks. Under the condition that the established goal remains unchanged, the implementation path of the scheme is changed to fundamentally eliminate specific risk factors. Such as establishing modern incentive mechanism, training scheme, and doing a good job of talent reserve, etc., can reduce the risk of brain drain of knowledge workers.

Extended data:

Risk management research methods include qualitative analysis and quantitative analysis.

Qualitative analysis method is a process of making logical judgments by investigating risks. The quantitative analysis method generally adopts the system theory method, which composes a system of several interacting and interdependent risk factors, abstracts them into a theoretical model, and uses mathematical tools such as probability theory and mathematical statistics to quantitatively calculate the optimal risk management scheme.

With the refinement of industry, diversification of management mode, deepening of finance and rapid innovation of technology in economic development, scientific identification, measurement and arrangement of risks must have corresponding technical support, and it is impossible to rely solely on experience and subjective judgment.

In terms of investment projects, pre-evaluation, loan pricing, credit decision-making, risk monitoring, capital measurement, impairment reserve, performance appraisal, portfolio management, post-loan management, etc. It is difficult to give consideration to risk preference and decision-making, and it also greatly affects the workflow, capital efficiency, project cost and other indicators.

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