Abstract

The article examines the role of risk management in the system of ensuring the sustainable development of the enterprise in uncertain conditions. The increasing uncertainty of doing business has resulted in the need to develop and implement effective tools to ensure the protection of the enterprise from various types of risks. The purpose of the article is to provide a summary of the theoretical and methodological advancements in enterprise risk management in uncertain conditions to ensure its sustainable development. Scientific approaches to the interpretation of the essence of the concepts "risk" and "risk management" are summarized and an author's approach to their interpretation is proposed. It is determined that risk management is a dynamic process, the effectiveness of which depends on the speed of response to changes in market conditions, the financial condition and economic situation of the management object. The sequence of stages of enterprise risk management is validated. In particular, the accumulation of information about the situation; diagnosis of the current situation; development of alternative options for management solutions; management decision-making; implementation of management decisions. The prerequisites for ensuring effective risk management of enterprise are defined. To ensure sustainable development, the common features inherent in all models of the enterprise's risk management system are determined. It is proposed to limit the risk at each stage of development of the risk situation. It was established that the effectiveness of risk management is directly related to the reasonableness of choosing a set of measures to prevent and/or minimize risk. Proposals are developed to improve the efficiency of enterprise risk management in conditions of rapid change of environmental factors. It is concluded that in a rapidly changing external environment, the determining prerequisites for ensuring the sustainable development of domestic enterprises are the integration of the risk management system into the overall management system of the enterprise and the formation of the correct perception of risk in its managers.

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