Organizational resilience and risk management improvement - how to reduce and prevent fire hazard using simulation scenarios (CROSBI ID 651817)
Prilog sa skupa u zborniku | izvorni znanstveni rad | međunarodna recenzija
Podaci o odgovornosti
Vučina, Davor ; Fabac, Robert
engleski
Organizational resilience and risk management improvement - how to reduce and prevent fire hazard using simulation scenarios
Organizational resilience as an organizational system's ability to foresee, depreciate, and effectively recover from stress-related events or disruptions, is associated with risk management processes. Reflection from the perspective of an organization's resilience implies, alongside continued security attention and integration, also a departure from traditional approaches to designing an organization. Although the endeavor to create design resilient systems is a step away from the traditional principles of risk management - in this paper we explore the possibilities of using the Monte Carlo simulation technique to determine some of the characteristic design parameters of the organizational working units. We focused the problem of asset portfolio, inventories and equipment with different levels of importance for the performance of business processes. Particular attention is paid to vulnerabilities and protection of information systems and information communication technologies. Offices space model has been created, which contains the characteristic material resources, process supporting equipment, and it is assumed that there is a probability of a fire in one such space. A number of scenarios for which simulations were conducted, regarding the outbreak and spread of fires, were elaborated. The results of these scenarios point to the different sizes of the expected time of direct threats to certain assets items by the fire and to the different levels of expected damage. Furthermore, predictions are not just about the expected damage of property, but also about the degradation of organizational capabilities of performing the processes. In accordance with these results, it is possible to formulate certain recommendations regarding the approach to system’s design in terms of improving organizational elasticity as well as certain recommendations related to the development of the proactive components of organizational resilience.
asset portfolio, B-RISK, fire, Monte Carlo, organizational resilience, risk management, scenario, simulation
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Podaci o prilogu
494-506.
2017.
objavljeno
Podaci o matičnoj publikaciji
Economic and Social Development (Book of Proceedings), 23rd International Scientific Conference on Economic and Social Development
Cingula, Marijan ; Miroslaw Przygoda, Kristina Detelj
Varaždin: Development and Entrepreneurship Agency, Varazdin, Croatia ; University North, Koprivnica, Croatia ; Faculty of Management University of Warsaw, Warsaw, Poland.
1849-7535
Podaci o skupu
International Scientific Conference on Economic and Social Development
ostalo
09.02.2017-10.02.2017
Melbourne, Australija
Povezanost rada
Ekonomija, Informacijske i komunikacijske znanosti, Sigurnosne i obrambene znanosti