Influence of the Risk-Based Approach on the Development of the Management of Organizations

Abstract

Abstract The current state, processes and development trends of national and world economic systems require the development of fundamentally new theoretical economic models adequate to the market, reflecting real changes in the world in the near future and in the long term. The purpose of this study was to find the right risk management tools. For this, cases were analysed in which various methods of managing the socio-economic sphere were used. Myths and stereotypes about the behaviour of people in this area were identified. The authors emphasized that macro-indicators of the state of economic systems are not canceled and are used in existing calculation models, but their predicted “strength” should be supplemented by a new model analysis based on a risk-based approach, taking into account the distinguished trend of assessing the current economic development.