ENHANCING OPERATIONAL RISK MANAGEMENT IN THE SCIENTIFIC RESEARCH ORGANIZATION
Abstract:
This study evaluates whether the implementation of Integrated Management Systems (IMS) with the COSO Enterprise Risk Management (ERM) model fosters a sustainable business context within the scientific research organization1 . Aligned with the PDCA (Plan-Do-Check-Act) cycle, the research aims to enhance organizational responses to demands, operational risks, and strategic planning. The primary research, based on which a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis was conducted, was carried out between March 31, 2023, and February 8, 2024, on a sample of 146 employees, with a response rate of 71.23% (104 respondents). The findings indicate that IMS, guided by the COSO ERM model, supports proactive risk identification and assessment, confirming a sustainable organizational context.
CITATION:
IEEE format
M. Jonović, L. Barjaktarović, N. Stefanović, “Enhancing Operational Risk Management in the Scientific Research Organization,” in FINIZ 2024 - Social Media and Contemporary Business, Belgrade, Singidunum University, Serbia, 2024, pp. 15-20. doi: 10.15308/finiz-2024-15-20
APA format
Jonović, M., Barjaktarović, L., Stefanović, N. (2024). Enhancing Operational Risk Management in the Scientific Research Organization. Paper presented at FINIZ 2024 - Social Media and Contemporary Business. doi:10.15308/finiz-2024-15-20
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