Using Self-Assessment Tool as Part of Risk Management Maturity Model

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23510%2F18%3A43952867" target="_blank" >RIV/49777513:23510/18:43952867 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Using Self-Assessment Tool as Part of Risk Management Maturity Model

Original language description

Purpose: This article presents the interim results of ongoing research in the field of risk management maturity models. Mainly it presents the self-assessment tool which is based on a synthesis of existing maturity models. The weights for attributes in such a model allow the tailoring of the model to specific company and industry. This topic is elaborated in the paper together with the usage of Likert scales as part of the Delphi method to validate the tool.Design/methodology/approach: Firstly, an analysis of existing models is presented, then the synthesis of the new tailored model is done. Findings: More than 77 maturity models exist up to date varying in approach, professionality, and recommended use. Based on the current consensus models shouldn’t be used as one-fits-all and should be tailored for each industry or even company. This research follows this recommendation and presents a self-assessment tool to be part of such a model. The tailoring is done by selecting the attributes and assigning the weights.Research limitations/implications: Based on the search options defined and literature use some models might be unintentionally omitted. The tool has to be yet tested for its validity.Originality/value: As risk management is complex and problematic, maturity models provides companies with the ability to assess and diagnose their situation and set strategic goals in the field of risk management. A tailored maturity model can be used as the first indicator of company risk maturity.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2018

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Proceedings of the 32nd International Business Information Management Association Conference (IBIMA)

ISBN

978-0-9998551-1-9

ISSN

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e-ISSN

neuvedeno

Number of pages

24

Pages from-to

3262-3285

Publisher name

IBIMA

Place of publication

Sevilla

Event location

Sevilla, Spain

Event date

Nov 15, 2018

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

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