Strategic Risks. A Study of the Treatment Measures Implemented by the Big Private Companies in Antioquia, Colombia
Published
Dec 5, 2018
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Isabel Jaraba
http://orcid.org/0000-0003-3734-8783
María Antonia Nuñez
http://orcid.org/0000-0002-1246-5361
Eduart Villanueva
http://orcid.org/0000-0003-4545-4025
http://orcid.org/0000-0003-3734-8783
María Antonia Nuñez
http://orcid.org/0000-0002-1246-5361
Eduart Villanueva
http://orcid.org/0000-0003-4545-4025
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Abstract
The changes faced by the organizations may put at risk their normal development and affect the accomplishment of objectives and goals. Therefore, it is quite important that the organizations be able to manage those risk properly, through an identification, evaluation and treatment process. This research aimed to examine how the treatment measures used by big private companies in Antioquia allow to develop some knowledge empowering the directors for the decision-making, thus contributing to the organization growth. To attain this aim, a qualitative study was carried out examining different sources with documentary
information related to this topic. This was intended to obtain instruments and tools enabling to appropriate this knowledge. In addition, semi-structured interviews were applied to top directors working in companies having a structure for the stra
Keywords
strategic risks, strategic risk management, treatment measures, big private companiesriesgos estratégicos, administración de riesgos estratégicos, medidas de tratamiento, grandes empresas privadas.riscos estratégicos, administração de riscos estratégicos, medidas de tratamento, grandes empresas privadas
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AS NZS (2004). Australian/New Zealand Standard, Risk Management.
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Osterwalder, A., y Pigneur, Y. (2010). Business model generation: a handbook for visionaries, game challengers. New Yersey: EE.UU.: John Wiley & Sons.
Patton, M. Q. (1990). Qualitative Evaluation and Research Methods. Londres: Sage.
Poj asek, R. B. (2017). Organizational Risk Management and Sustainability: A practical step-by-step EE.UU.: CRC Press.
Porter, M. (1991). La ventaja competitiva de las naciones. Buenos Aires: Vergara.
Rubin, H. y Rubin, I. (1995). Qualitative Interviewing: e Art of Hearing Data. ousand Oaks,
CSlywotzky, A. J. (2008). Riesgo positivo. Bogotá: Norma.
Slywotzky, A. y Drzik, J. (2005). Contrarrestar el mayor de todos los riesgos. Harvard Business ReviewSlywotzky, A. (2004). Exploring the Strategic Risk Frontier. Strategy & Leadership, 32 (6), 11-19.
Song , H. y Yang , S. (2015). Study on Strategic Risk Evaluation Model of Power Grid Enterprise
Evaluation Method. In Logistics, Informatics and Service Sciences (LISS), 2015 International Conference IEEE.
Strauss, A. L. y Corbin, J. (1998). Basics of Qualitative Research: Techniques and Procedures for Developing eory. Book ( Vol. 2nd). ousand Oaks, California : Sage.
Toulabi, M. y Toulabi, A. (2013). Strategic Risk Management with the Approach Huge in BOT PrEnvironmental Biology. Volume 7, Issue 8.
Vargas Jiménez, I. (2012). La entrevista en la investigación cualitativa: nuevas tendencias y retEducación Superior, 3 (1), 119-139.
Yin, R . K. (2003). Case Study Research: Concepts and Methods. ousand Oaks, California : Sage.
Andersen, T. J., Garvey, M. y Roggi, O. (2014). Managing Risk and Opportunity. e Governance of Strategic Risk- Taking. Oxford.
Andersen, T. J. y Schroder, P. W. (2010). Strategic Risk Management Practice: How to Deal with Major Corporate Exposures. Cambridge, United Kingdom: Cambridge University Press.
Andrews, K. (1984). El concepto de estrategia de la empresa. Madrid: Ediciones Orbis.
AS NZS (2004). Australian/New Zealand Standard, Risk Management.
Barney, J. y Arikan, A. (2001). Resource-Based View: Origins and Implications. En M. Hitt, R. Freeman y J. Harrison (eds). e Blackwell Handbook of Strategic Management (pp. 124-188). Malden, Massachusetts: Blackwell.
Beck, U. (2002). La sociedad del riesgo global. Madrid: Siglo Veintiuno.
Bravo, O. y Sánchez, M. (2009). Gestión Integral de Riesgos. Tomo 1. Bogotá: Bravo y Sánchez.
Bromiley, P., Rau, D. y McShane, M. (2016). Can Strategic Risk Management Contribute to Enterprise Risk Management? A Strategic Management Perspective. In T. J. Andersen (Ed.), e Routledge Companion to Strategic Risk Management (pp. 140-156).
Byrne, P. y Durant-Law, G. (2007). A Strategic Risk Based Approach to Regulating Technologies and Vulnerabilities. In Technology and Society, 2007. ISTAS 2007. IEEE International Symposium on (pp. 1-11). IEEE.
Calandro, J. (2015). A Leader’s Guide to Strategic Risk Management. Strategy & Leadership, 43 (1), 26-35.
Colombia, Congreso de la República (2011). Ley 1450, por la cual se expide el Plan Nacional de Desarrollo, 2010-2014. Diario oficial 48102, del 16 de junio. Recuperado de http://www.alcaldiabogota.gov.co/sisjur/normas/Norma1.jsp?i=43101
Committee of Sponsoring Organizations of the Treadway Commission (COSO). (2017). Enterprise Risk Management Aligning Risk with Strategy and Performance. Executive Summary, 3.
Creswell, J. W. (2012). Qualitative inquiry and research design: Choosing among five approaches. California: Sage Publications.
Deloitte. (2016). Riesgo Estratégico. La piedra angular para la transformación del riesgo. Recuperado de http://deloitte.wsj.com/riskandcompliance/files/2013/10/exploring_strategic_risk.pdf
Edwards, J. S. y Taborda, E. R. (2016). Using Knowledge Management to Give Context to Analytics and Big Data and Reduce Strategic Risk. Procedia Computer Science, 99, 36-49.
Eisenhardt, K. (1989). Building eories from Case Study Research. Academy of Management Review, 14 (4), 532-550.
Erlandson, D., Harris, E., Skipper, B. y Allen, D. S. (1993). Doing Naturalistic Inquiry, Londres: Sage.
Frigo, M. y Anderson, R. J. (2012). Strategic Risk Management: e New Core Competency. John Wiley & Sons Limited.
Frigo, M. L. y Anderson, R. J. (2011). Strategic Risk Management: A Foundation for Improving Enterprise Risk Management and Governance. Journal of Corporate Accounting & Finance, 22 (3), 81-88.
Frigo, M. L. y Anderson, R. J. (2009). Strategic Risk Assessment. Strategic finance, 25-33.
Greening, D. W., Barringer, B. R. y Macy, G. (1996). A Qualitative Study of Managerial Challenges Facing Small Business Geographic Expansion. Journal of Business Venturing, 11 (4), 233-256.
Hardy, C. y Maguire, S. (2016). Organizing Risk: Discourse, Power, and “Riskication”. Academy of Management Review, 41 (1), 80-108.
Hernández, R., Fernández, C. y Baptista, P. (2010). Metodología de la investigación (5th ed.). México D.F.: McGraw- Hill.
International Organization for Standardization (ISO) (2018). ISO 31000. Risk Management-Guidelines. Suiza: ISO.
Jnr, B. A. y Pa, N. C. (2016). Mitigating Operational, Technical and Strategic Risk in it rough Knowledge Codication Technique. Journal Teknologi, 78 (8-2), 179-192.
Johnson, G., Scholes, K., Whittington, R., López, Y. M. y Mazagatos, V. B. (2006). Dirección estratégicaPrenti ce Hall.
Kaplan, R. S. y Norton, D. P. (2008). e Execution Premium: Linking Strategy to Operations Advantage. Massachusetts: Harvard Business Press.
Knight, F. H. (1921). Risk, Uncertainty and Profit. New York: Hart, Schaffner and Marx.
Louisot, J. P. y Ketcham, C. (2014). Enterprise Risk Management: Issues and Cases. West Sussex, John Wiley and Sons Ltd.
Marshall, B., Cardon, P., Poddar, A. y Fontenot, R. (2013). Does Sample Size Matter in Qualitative Ro f Qualitative Inter views in IS Research. Journal of Computer Information Systems, 54 (1), 11-22.
McConnell. (2016). Strategic Risk Management. London, England: Risk Books.
Mejía, R. (2013). Identificación de riesgos. Medellín: Universidad Eat.
Mejía, R. (2006). Administración de riesgos: Un enfoque empresarial. Medellín: Universidad Eat. Miles, M. B. y Huberman, A. M. (1994). Qualitative Data Analysis: An Expanded Sourcebook. ou Sage Publi cations.
Mohammed, A. y Sykes, R. (2013). Afilado de Gestión Estratégica del Riesgo. Pricewaterhouse Co de http://www.pwc.com/gx/en/governance-risk-compliance-consulting-services/resilience/publications/pdfs/issue1/sharpening_strategic_risk_management.pdf
Osterwalder, A., y Pigneur, Y. (2010). Business model generation: a handbook for visionaries, game challengers. New Yersey: EE.UU.: John Wiley & Sons.
Patton, M. Q. (1990). Qualitative Evaluation and Research Methods. Londres: Sage.
Poj asek, R. B. (2017). Organizational Risk Management and Sustainability: A practical step-by-step EE.UU.: CRC Press.
Porter, M. (1991). La ventaja competitiva de las naciones. Buenos Aires: Vergara.
Rubin, H. y Rubin, I. (1995). Qualitative Interviewing: e Art of Hearing Data. ousand Oaks,
CSlywotzky, A. J. (2008). Riesgo positivo. Bogotá: Norma.
Slywotzky, A. y Drzik, J. (2005). Contrarrestar el mayor de todos los riesgos. Harvard Business ReviewSlywotzky, A. (2004). Exploring the Strategic Risk Frontier. Strategy & Leadership, 32 (6), 11-19.
Song , H. y Yang , S. (2015). Study on Strategic Risk Evaluation Model of Power Grid Enterprise
Evaluation Method. In Logistics, Informatics and Service Sciences (LISS), 2015 International Conference IEEE.
Strauss, A. L. y Corbin, J. (1998). Basics of Qualitative Research: Techniques and Procedures for Developing eory. Book ( Vol. 2nd). ousand Oaks, California : Sage.
Toulabi, M. y Toulabi, A. (2013). Strategic Risk Management with the Approach Huge in BOT PrEnvironmental Biology. Volume 7, Issue 8.
Vargas Jiménez, I. (2012). La entrevista en la investigación cualitativa: nuevas tendencias y retEducación Superior, 3 (1), 119-139.
Yin, R . K. (2003). Case Study Research: Concepts and Methods. ousand Oaks, California : Sage.
How to Cite
Jaraba, I., Nuñez, M. A., & Villanueva, E. (2018). Strategic Risks. A Study of the Treatment Measures Implemented by the Big Private Companies in Antioquia, Colombia. Cuadernos De Contabilidad, 19(47), 171–181. https://doi.org/10.11144/javeriana.cc19-47.reem
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