Risk Management
Lever for SME Development and Stakeholder Value Creation
1. Edition November 2017
320 Pages, Hardcover
Wiley & Sons Ltd
Risk management practices are growing both in number and complexity in businesses, notably driven by new regulatory standards that feature risk management at their core. Although large businesses are more likely to adopt a formal, holistic approach to risk management, the stakes are just as high for SMEs. Risk management in SMEs can contribute to a certain organizational, entrepreneurial and partnership dynamic which constitutes a real opportunity to evolve practices and improve performance. This book offers varied responses to this question by combining conceptual approaches, empirical illustrations and the associated managerial implications.
1. Role of the Governance Systemin Strategic Risk Management.
2. Integration of ISO 26000 International Standardby SMEs: Toward a Better Understanding of Risks.
3. Managing SMEs' Economic DependenceRisks: in Favor of Disciplinary and Relational Governance.
4. Reputation Risk: Anticipation and Management of Reputation Failure.
Part 2. Risk Management as a Lever for Organizational Development.
Chapter 5. Proactive Management of Operating Risks: A Lever to Improve External Funding for SMEs ?
6. Risk Management: A Lever for Organizational Change for SMEs?
7. Product Innovation in SMEs: Risk Identification Capacities.
8. Counterfeiting Risk Management forSMEs and Industrial SubcontractingActivities: A Literature Review.
Part 3. Risk Perception and Management by the Manager-Entrepreneur
9. Entrepreneurial Risk-taking and the Mentoring of Entrepreneurs: the Danger of Cognitive Biases.
10. From Necessity to Vulnerable Entrepreneur.
11. Entrepreneurial Approach in SMEs: Specificities, Vulnerabilities and Risks.
12. Perception Biases of Failure Risk among SME Managers.
Christine Teyssier is Assistant Professor of Management Sciences at the University of Lyon (Jean Monnet University, France) and a member of the research laboratory Coactis. Her research concentrates on risk management and the financial problems associated with business development, particularly in an SME context.