СУЧАСНИЙ СТАН УПРАВЛІННЯ РИЗИКАМИ ПІДПРИЄМСТВ У СИСТЕМІ ЦІННОСТЕЙ ЦИРКУЛЯРНОЇ ЕКОНОМІКИ

Abstract

The modern state of the economy and the environment presents Ukrainian enterprises with complex challenges, among which the integration of environmental standards and principles of the circular economy into risk management strategies occupies a key position. Ensuring business resilience in such conditions requires the implementation of innovative technologies, the development of new management practices focused on efficiency and minimizing environmental impact. The adoption of the circular economy involves a profound transformation of business models, including changes in production processes, consumption, waste management, and resource reuse. Special attention in this study is devoted to the analysis of risks associated with these changes and the development of methods for their minimization and management. In the analysis of the current state of enterprise risk management within the framework of circular economy values in Ukraine, it is argued that the circular economy is both a trend and a necessity for enhancing the competitiveness and resilience of enterprises. It has been demonstrated that the integration of circular economy principles contributes to resource optimization, reduction of production waste, and ensures more sustainable production. Additionally, it is justified that the adoption of innovative technologies such as artificial intelligence, blockchain, Internet of Things, and advanced analytics provides enterprises with tools for effective risk management. The research findings confirm that circular practices and technologies help manage risks and integrate the values of the circular economy into enterprise activities, thereby enhancing their long-term competitiveness and resilience. This, in turn, fosters a deep understanding of effective management mechanisms in the context of the circular economy, which can be utilized for senior management training, corporate policy development, and strategic planning. The concluding remarks underscore not only the importance of the circular economy as a strategic development direction for Ukrainian enterprises but also identify the main avenues for their adaptation to changing market conditions. Thus, based on the analysis, it is argued that the implementation of integrated risk management systems that consider the values of the circular economy is critically important for ensuring the stability and successful development of enterprises at the international level.