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利用量化风险网络(QRNs)推进企业风险管理的复杂适应性系统方法。

Advancing the complex adaptive systems approach to enterprise risk management with quantified risk networks (QRNs).

作者信息

Sheth Ananya, Sinfield Joseph V

机构信息

Orfalea College of Business, California Polytechnic State University, San Luis Obispo, CA, USA.

Institute for Innovation Science, College of Engineering, Purdue University, West Lafayette, IN, USA.

出版信息

Sci Rep. 2024 Sep 27;14(1):22312. doi: 10.1038/s41598-024-71764-x.

Abstract

Business enterprises are complex adaptive systems (CAS) subject to fragility caused by the non-linear effects of uncertain risk events. The regional bank collapses in the United States are a case in point. Recent papers have highlighted a shortcoming of the traditional risk management process, which focuses on compliance but considers neither the interdependence between complex risks nor the mechanism of their non-linear impact on the organization. A new perspective on Enterprise Risk Management (ERM) has instead called for a shift of mindset from mitigating risk to building resilience by honing a CAS view to contextualize, assess, and manage complex risks. But the building blocks needed for a CAS representation of ERM have not yet been systematically developed. Specifically, we are missing a typological inventory of risks and a mapping of risks onto the general structure of an enterprise. In this paper, we build an industry-agnostic inventory of plausible risk factors using information extraction on large scale text data. Additionally, we develop an understanding of risk-function and function-function interdependencies through a survey of top business managers. The result is a novel complex network view of enterprise risk called a Quantified Risk Network (QRN) that displays small-world properties and highlights internal company functions central to non-linear risk propagation mechanisms within the enterprise. The QRN draws attention to vulnerabilities in the enterprise structure such as risk-function connections measured by Edge Betweenness centrality. The generic QRN developed herein is a proof of concept and we advocate that enterprises build their own company-specific QRNs to identify highly connected and central functions in their company structure that could lead to cascading failure when specific risks arise. QRNs can contribute to the objective of building enterprise resilience.

摘要

商业企业是复杂适应系统(CAS),容易受到不确定风险事件的非线性影响所导致的脆弱性影响。美国地区银行的倒闭就是一个典型例子。最近的论文强调了传统风险管理流程的一个缺点,即该流程侧重于合规性,但既不考虑复杂风险之间的相互依存关系,也不考虑它们对组织的非线性影响机制。相反,企业风险管理(ERM)的一个新视角呼吁转变思维方式,从减轻风险转向通过磨练CAS视角来构建复原力,以便将复杂风险情境化、评估和管理。但是,用于ERM的CAS表示所需的构建模块尚未得到系统开发。具体而言,我们缺少一份风险类型清单以及风险到企业总体结构的映射。在本文中,我们利用对大规模文本数据的信息提取构建了一份与行业无关的合理风险因素清单。此外,我们通过对顶级企业经理的调查,对风险功能以及功能与功能之间的相互依存关系有了更深入的理解。结果是一种新颖的企业风险复杂网络视图,称为量化风险网络(QRN),它显示出小世界特性,并突出了企业内部对于非线性风险传播机制至关重要的公司职能。QRN提请人们注意企业结构中的脆弱性,例如通过边介数中心性衡量的风险功能连接。本文开发的通用QRN是一个概念验证,我们主张企业构建自己特定于公司的QRN,以识别其公司结构中高度连接且核心的职能,这些职能在特定风险出现时可能导致级联故障。QRN有助于实现构建企业复原力的目标。

https://cdn.ncbi.nlm.nih.gov/pmc/blobs/ba72/11437040/6631db9e33ab/41598_2024_71764_Fig1_HTML.jpg

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