Impact of Knowledge Management on the Operational Risk of the Modern Organizations
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 m...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Vilnius University Press
2022-10-01
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| Series: | Vilnius University Open Series |
| Subjects: | |
| Online Access: | https://www.zurnalai.vu.lt/open-series/article/view/29605 |
| _version_ | 1811338100477001728 |
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| author | Giedrė Gudauskienė Asta Mikalauskienė |
| author_facet | Giedrė Gudauskienė Asta Mikalauskienė |
| author_sort | Giedrė Gudauskienė |
| collection | DOAJ |
| description |
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.
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| first_indexed | 2024-04-13T18:04:53Z |
| format | Article |
| id | doaj.art-b14a1ce8b6e448e7ae74b52e6bb90bb0 |
| institution | Directory Open Access Journal |
| issn | 2669-0535 |
| language | English |
| last_indexed | 2024-04-13T18:04:53Z |
| publishDate | 2022-10-01 |
| publisher | Vilnius University Press |
| record_format | Article |
| series | Vilnius University Open Series |
| spelling | doaj.art-b14a1ce8b6e448e7ae74b52e6bb90bb02022-12-22T02:36:06ZengVilnius University PressVilnius University Open Series2669-05352022-10-0110.15388/ISC.2022.4Impact of Knowledge Management on the Operational Risk of the Modern OrganizationsGiedrė Gudauskienė0Asta Mikalauskienė1Vilnius University, LithuaniaVilnius University, Lithuania 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. https://www.zurnalai.vu.lt/open-series/article/view/29605knowledge managementactivities of the organizationoperational risksrisk management |
| spellingShingle | Giedrė Gudauskienė Asta Mikalauskienė Impact of Knowledge Management on the Operational Risk of the Modern Organizations Vilnius University Open Series knowledge management activities of the organization operational risks risk management |
| title | Impact of Knowledge Management on the Operational Risk of the Modern Organizations |
| title_full | Impact of Knowledge Management on the Operational Risk of the Modern Organizations |
| title_fullStr | Impact of Knowledge Management on the Operational Risk of the Modern Organizations |
| title_full_unstemmed | Impact of Knowledge Management on the Operational Risk of the Modern Organizations |
| title_short | Impact of Knowledge Management on the Operational Risk of the Modern Organizations |
| title_sort | impact of knowledge management on the operational risk of the modern organizations |
| topic | knowledge management activities of the organization operational risks risk management |
| url | https://www.zurnalai.vu.lt/open-series/article/view/29605 |
| work_keys_str_mv | AT giedregudauskiene impactofknowledgemanagementontheoperationalriskofthemodernorganizations AT astamikalauskiene impactofknowledgemanagementontheoperationalriskofthemodernorganizations |