Title Impact of knowledge management on the operational risk of the modern organizations /
Authors Gudauskienė, Giedrė ; Mikalauskienė, Asta
DOI 10.15388/ISC.2022.4
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Is Part of 16th Prof. Vladas Gronskas International Scientific Conference, Kaunas: Vilnius University Kaunas Faculty, 3rd of December, 2021: Reviewed selected papers / editors: Ingrida Šarkiūnaitė, Oksana Pavlova.. Vilnius : Vilniaus universiteto leidykla. 2022, p. 27-34.. eISSN 2669-2139
Keywords [eng] knowledge management ; activities of the organization ; operational risks ; risk management
Abstract [eng] Organizations face a variety of challenges daily that sometimes make their operations risky. It is very important to define the risks and have a plan for managing threats. One way to manage risk is to use knowledge management. An organization is created by people, so maintaining for people is the most important goal of the organization. Brain drain can become significantly damage the organization. It is quite difficult to calculate the specific impact of risk on the organization in terms of qualitative indicators. However, it is unequivocally recognized that knowledge management in organizations is extremely important. Therefore, this topic – knowledge management in the risk management process of organizations - was chosen to find out how knowledge management, in addition to economic decisions, can contribute to an organization's risk aversion. This article aims to determine how the knowledge management process serves the operational risk management of organizations.
Published Vilnius : Vilniaus universiteto leidykla
Type Conference paper
Language English
Publication date 2022
CC license CC license description