Methodological bases and practice of risk management of regional development (part 2)

Abstract

In the process of managing the development of territories, state (regional) authorities are faced with many risks in the social, economic, industrial, environmental, and other fields. In the transition from conceptual and methodological provisions in terms of risk management to practical actions, it is necessary to specify the scope and tools for monitoring risks and managerial impacts. Risk management is not an end in itself but is mediated by the strategic and tactical goals of regional development and ensuring its economic security, taking into account current trends in territorial and sectoral development. In the first part of the article, there was paid attention to the conceptual apparatus, the study of theoretical elements and the practice of applying risk management in the Russian regions, which, as it turned out, does not have unified approaches to risk management. In the second part of the article, there was put forward a hypothesis that the economic security of the region can be managed through risk management. Hence, the purpose of this article is to form the model for managing the region’s economic security based on risk management, where risk, as a probabilistic quantitative characteristic of the threat realization, is the key object of attention of the subject of management. The model is formed using the notation of graphic modeling of business processes IDEF0, which has established itself as a convenient and intuitive tool for displaying organizational and economic processes, their individual interrelated stages of implementation and the necessary tools. The model is filled with monitoring, analysis and risk management tools taking into account the tasks of economic security management. The relationship between the management of economic security of the region and risk management is formed at the levels of strategic and tactical planning with access to government programs as the main mechanisms for managing socio-economic development in the hands of the regional government.