Managing risk in operations : a multi-level study

摘要: This research explores the management of risk in operations. It different structures influencing treatment and influence on managerial taking behaviours. There is limited understanding within extant literature strategies for operations what influences selection strategy. employs an abductive approach iterating between theoretical empirical. are four levels analysis: firm, function, group individual. The was conducted two European Energy companies. found that there a complex interaction organizational individual perceptions managing risk. Corporate have treatments. specification business function (service or asset focus) informs process use systems. Use systems valuation techniques underpin prioritization specifically assessment order decision reflects Levers Control (Simons, 1995; 1998): Risk treatments prohibited by boundary Secondly, individual’s beliefs positive treatment, third where has not been selected through beliefs, performance system consulted. most likely to acceptance mitigation. classification more than semantic perception treatment; it can prohibit uses certain inform priority. Understanding matures increases complexity senior managers. manager’s long term, reflecting vision mission implementation conditions.