Название: в русском варианте – Аспекты методических особенностей корреляции процессного менеджмента и управления рисками (на английском соответственно – PROCESS MANAGEMENT AND RISK MANAGEMENT CORRELATION PECULIARITIES METHODOLOGICAL ASPECTS)

Academician of Academy of Economic Sciences of Ukraine,

Corresponding Member of the Academy of Technological Sciences of Ukraine,

Doctor of Economic Sciences, Professor Larina Rena

Institute of Economics and Management

Crimean University for the Humanities (Yalta), Ukraine

Lukyanova Olena

Institute of Economics and Management

Crimean University for the Humanities (Yalta), Ukraine

PROCESS MANAGEMENT AND RISK MANAGEMENT CORRELATION NECESSITY RATIONALE

Nowadays Ukraine is on the transitive stage of its economic development, which can be characterized by the industrial process inertia and the emergence of new forms of activities, business and management methodical approaches, and specialized institutions with vast abilities to implement all mentioned above innovations. Ukraine’s isolated economic development is impossible because of recession, highly stochastic macroenvironment and crisis conditions in which domestic enterprises operate. There is high necessity for Ukraine’s further integration into the European Economic Community (EEC), cluster approach use in border areas development, and different convergence mechanisms application for domestic and foreign business units divergence overcoming.

There are known several researches results on regional convergence, cross-border cooperation, cluster approach use described by the authors T. Bandy, T. Bass, T. Bauer, E. Bergman, B. Dally, S. Diehl, W. Easum, A. Filippenko, A. Galchinsky, A. Gumenyuk, F. Hacklin, S. Hawamdeh, J. Kaiser, M. Karmasin, M. Koenig, S. Malikov, E. Matveev, D. Mcentire, N. Mikula, A. Mokiy, Y. Pakhomov, R. Rosen, A. Rumiantsev, V. Sidenko, T. Srikantaiah, J. Tinbergen and others. However, process management and risk management correlation wasn’t suggested before for described conditions.

The theses purpose is to give the process management and risk management correlation rationale for nowadays Ukrainian economic.

EEC Ukraine’s integration aspects were repeatedly discussed in various international forums, meetings and conferences. All these events participants agree on the economic entities adaptation, transformation and reformation needs in accordance to the world-wide business regulations, public and private sector partnership development. In fact all the mentioned above are facing number of challenges, which were disclosed in our previous articles [4; 6; 7; 8]. This situation indicates business units’ convergence interaction unified basis need rationale. Such a basis can be process management, which is regulated by ISO 9001:2008 [3]. This standard specifies the use of process approach logical principle through quality management effectiveness developing, introducing and improving in accordance to stakeholder demands satisfaction increasing. Process approach is based on economic unity business processes formation and managing them to achieve maximum efficiency and prepare for ISO 9001:2008 quality management system certification.

However, domestic enterprises operate in stochastic conditions. This explains why all transitive period transformations types more likely face risk negative effects and profit reduction. To overcome these situations business units need to apply ISO 31000:2009 [2], ISO / IEC 31010:2009 [1] standards recommendations to minimize risks during business processes design, implementation and use. Also external and internal environment changes and company's ability to respond them quickly must be taken into account trough process management implementation and development solution formalization and algorithm formation. It can be realized by business processes effectiveness criteria ongoing evaluation combined with business processes adjustment cycle.

Mostly all Ukrainian enterprises face limited resources problem which determine business processes adjustment based on iterative solution, when reformations start from the highest rank business process according to expert evaluation, then switch the lower rank business process, and so on until company use all this purpose available resources. Another stochastic environment risk management tool must be business processes cyclical restructuring method based on workflow four phases: "prepare – execute – improve – develop", that leads to business process adaptability and effectiveness increasing. This method allows monitor environment in the high time, and operate risks prediction, prevention and management.

The suggested process management and risk management correlation mechanism enables Ukrainian economic entities comply with world-wide generally accepted economic and management basis. It allows converging domestic enterprises to foreign ones, involving them to cross-border cooperation and integrating into the EEC. Also renewed business units become more competitive. This theses information can be useful for regional authorities on improving economical and management innovations, business leaders and economic universities students.

Literature

1. ISO / IEC 31010:2009 [Electronic Source] – Mode of Access: http://www.iso.org.

2. ISO 31000:2009 [Electronic Source] – Mode of Access: http://www.iso.org.

3. ISO 9001:2008 [Electronic Source] – Mode of Access: http://www.iso.org.

4. Larina R. Management Decisions Optimization Methods for Risk Management Conditions / A. Ilaev, R. Larina, I. Grishin, S. Ilaev. – Yalta: Arial, 2011. – 156 p.

5. Lukyanova O. Business Processes Adjusting Mechanism Developing for Modern Conditions / O. Lukyanova // Economy and State. – 2010. – № 11. – P. 65–68.

6. Lukyanova O. Mathematical Formalized Approach Formation to Process-oriented Management Implementation Project Solution (for Construction Enterprises) // O. Lukyanova // Bulletin of Donetsk National University. – 2011. – Special issue. – Vol. 2. – P. 177–180.

7. Lukyanova O. POMCO Implementation Algorithm for Constraction Organizations in Ukraine in Modern Conditions / O. Lukyanova // Bulletin of Donetsk National University. – 2012. – Vol.1. – P. 106–109.

8. Lukyanova O. Process-oriented Management Implementation to Domestic Construction Enterprises at the Present Stage / O. Lukyanova // Scientific Bulletin of Chernivtsi Trade and Economics Institute of Kyiv National Trade and Economics University. – 2012. – Vol. 1(45). – P. 255–261.

9. Lukyanova O. Transborder Clusters Activity Optimization Based on Process Management / O. Lukyanova // Scientific Bulletin of Chernivtsi Trade and Economics Institute of Kyiv National Trade and Economics University. – 2010. – Vol. IV (40). – P. 211–216.