RISK MANAGEMENT OF ENTERPRISES OF TERRITORIAL COMMUNITIES OF UKRAINE IN THE CONDITIONS OF FULL-SCALE WAR

Abstract

The article clarifies the essence and outlines the role of risk management of enterprises of territorial communities of Ukraine in conditions of full-scale war. The authors considered the essence of the concept of «risk», compared the main features of the old and new paradigms of enterprise risk management, in particular: fragmented and integrated, special and continuous, limited and extended risk management. The regulatory and legal framework for the functioning and development of territorial communities and their enterprises, ensuring the restoration of regions and territories affected by armed aggression against Ukraine is specified. The ranking of the regions of Ukraine by the number of active enterprises was carried out, taking into account the distribution of territorial communities by region. The dynamics of business registrations in the regions of Ukraine during the full-scale war were analyzed. Areas of application of risk management of enterprises of territorial communities are highlighted. The relationship between the level of development of territorial communities and the quality of risk management of their enterprises, taking into account limiting endogenous and exogenous factors, was revealed. The need to ensure the rationality of making effective management decisions based on reliable and relevant information is substantiated. The stages of risk management at enterprises are considered: definition of the concept; development and approval of the risk management algorithm; participation of senior management in risk management; establishment of those responsible for the organization and implementation of risk management at the enterprise; identification of risks; risk analysis; risk assessment; adoption and implementation of a risky management decision; monitoring of the risk management process. Ways to improve the organization and implementation of risk management of the enterprises of the territorial communities of Ukraine, taking into account the peculiarities of their functioning in the conditions of a full-scale war, are proposed. Areas of strengthening the competitive advantages of territorial communities based on the effective use of their resource potential and ensuring high-quality risk management are highlighted. Emphasis is placed on the expediency of observing the main stages of enterprise risk management with constant monitoring of the implementation of planned tactical and strategic measures and ensuring the development of Ukraine's regions.