Specific Innovation Projects of the Retail Chain ‘Magnit’ and Their Risk Management

Today in conditions of severe competition of commercial enterprises it is necessary to upgrade their work by using different methods, one of them is the development and introduction of innovation projects. However, when an innovation project is worked out each developer faces certain risks requiring...

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Bibliographic Details
Main Author: V. V. Degtyareva
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2021-12-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
Subjects:
Online Access:https://vest.rea.ru/jour/article/view/1224
Description
Summary:Today in conditions of severe competition of commercial enterprises it is necessary to upgrade their work by using different methods, one of them is the development and introduction of innovation projects. However, when an innovation project is worked out each developer faces certain risks requiring high-quality and effective management. Risk management in innovation projects is a complicated process, which is connected with the high level of uncertainty typical of innovation projects. Therefore, to manager risks of innovation projects highlyqualified personnel with sufficient knowledge and information is essential. The author studied the notion ‘innovation project’, investigated the causes of innovation risk rising and provided their classification. Apart from that, innovation projects of the retail chain ‘Magnit’ were analyzed, key problems of managing risks of innovation projects were identified and recommendations on resolving such problems were put forward.
ISSN:2413-2829
2587-9251