The relationship between risk management and strategic performance of the organization (case study: selected university of the Semnan province)

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1 Intenational Academic Institute fo Science and Technology Intenational Academic Jounal of Business Management Vol. 2, No. 11, 2015, pp ISSN Intenational Academic Jounal of Business Management The elationship between isk management and stategic pefomance of the oganization (case study: selected univesity of the Semnan povince) Ahmad Ali Yazdanpanah a, Fazad Saffa Sahakhiz b a Assistant Pofesso, Depatment of Statistic Reseaches & Infomation Technology, Institute fo Reseach and Planning in Highe Education, Tehan, Ian b MA in MBA, Tehan Univesity, Kish Intenational Campus, Kish, Ian Abstact Today, oganizations in a dynamic envionment, ambiguous, dynamic and full of isk involved. In this egad, changes in the competitive and dynamic envionment, have pompted oganizations to maintain competitive advantage has always been competitive and thei custome satisfaction achieved and also gain new customes. Today, in all oganizations and sevice oganizations etain and attact key customes to impove oganizational pefomance, depending on the isk management oganization. A desciptive study was conducted this suvey. The population of Semnan univesity eseach centes have fomed. A total sample of 82 people. The sampling method is andom. The esults showed that the fou components of stategic pefomance management in the univesity centes of Semnan in good condition, and among some of the oganization's stategic pefomance management and isk management and thee is a nificant positive elationship. Keywods: Risk, Risk management, oganizational pefomance and semnan univesity 1

2 Intoduction: The isk management basis fo sustainable gowth and a key to sustainable competitive advantage is an oganization's isk management also allows oganizations to use thei intangible assets and the utilization ceates value by impoving oganizational pefomance; on the othe hand the knowledge-based economy of today's highe education institutions as centes of human esouce development has an impotant ole to play in economic gowth and development of nations. Theefoe, this study ties to examine the elationship between isk management and stategic pefomance of the oganization, a deepe undestanding of the degee of isk management pocesses to impove the pefomance of the oganization's stategic five sample obtained. Risk wod has multiple meanings. Reseaches accoding to thei field of vision, have given a specific definition of isk. It can be agued that all thee factos in common definitions. Situations that ae associated with isk: 1) Opeating o action bought moe than one esult. 2) until touching the esult, of making any definite knowledge Results not available. 3) At least one of the possible esults soon could cause unwanted consequences. In othe wods, the uncetainty of the outcome of an action and exposue to a vaiety of isks ae the unknowns of the constituent components. Stategic Pefomance Management helps oganizations to intelligently monito the implementation of thei stategies and identify deviations and contadictions and deviations of thei oots and ultimately impovement pogams to maximize the ealization of the stategy followed by thei planning. Though stategic pefomance management system, oganizations will be able to also examine the implementation of stategies and pogams of health cae fo the ealization of stategic outcomes. Theoetical basis of eseach: Definitions Risk Oxfod dictionay the tem "isk" o ceates a hazad o isk to the pobability of loss is defined. Poject isk is an uncetain event in the event of a positive o negative effect on poject objectives. (PMI-2004), (Hatefi, The definition of isk shows two dimensions: uncetainty and impact on the objectives of the poject. duing the assessment of poject isk, should conside both these dimensions can be cetain Gynd.dm with the wods "likely" and effect can be achieved by "impact" is simila. Ameica, on behalf of poject management, isk management as one of the nine oiginal levels "geneal knowledge of poject management" has been intoduced and the isk management cultue, pocesses and stuctues fo the effective management of potential oppotunities and advese effects is intoduced phases of isk identification, isk measuement, esponse (eaction against the isk) and isk contol division. (poject Management Institute, 2004). Accodingly, isk management poject is "Poject Risk Management includes the pocesses to guide the planning, isk management, identification, analysis, esponse and monitoing and contol of isks in a poject. (Poject Management Institute, 2008). 2

3 Application of isk management Reasons fo the use of isk management usually count on ae: 1) minimizing cises 2) minimize unexpected issues and poblems 3) incease o decease the ate of success and failue 4) cost and schedule estimates and pojections made in accodance The evolution of isk management Risk management is a systematic pocess fo planning, stuctuing, analysis, esponse and management poject isk and contol them. To implement effective and efficient isk management should be stuctued set of fomal pocesses exist. In ecent yeas, numeous stuctues and institutions fo the implementation of the pocess is pesented books. Peth stuctue fo the fist time in late 1950 to build and opeate pojects Polais missile was ceated and the fist fomal poject planning methodology and uncetainty involved in the planning of poject activities that was intoduced. It includes a model of netwok activity whee businesses have been possible peiod of time and the pobability distibution o time of thei citizenship, has been fomed. In late 1960, eseaches pobabilistic models of decision tee based on Makov pocesses expessed. Gaeth model is a tem used to descibe these models. The model activities duing the poject life cycle and in diffeent peiods ae defined and expessed wods activity is also possible. In mid-1990, the Association fo Poject Management, Pocess Analysis Guide PRAM in ode to develop and poject isk management adopted on 9 stages. The multiple expeiences fom the English abstact of the isk management pocess has been successful fo many yeas have used. Also in the '90s by the poject management stuctue of poject management, the Poject Management Body of Knowledge, which povides isk management pocess as one of the banches as the 6-step poject management. RAMP guide in 1998 fo the fist time in collaboation with the Institute of Civil Enginees and the Institute and Faculty wee pesented. One of the main chaacteistics of its stategic appoach to poject amp stuctue in the fom of a financial model. The stuctue of the PMBOX and Pam stuctues of highe stategic level and with a vey stong focus on poject finance, act. Pam aised stuctues, amp and PMBOX good examples of the diffeent stuctues and isk management pocesses. Othe stuctues can be pesented in a way linked to these thee stuctues. Some options may equie a whole new appoach compaable, but the basic will be the same. Chis fo isk have intoduced a fou-step pocess (identification, analysis, contol and epoting) in Deming, known as a fou-step poject management (planning, implementation, eview and pactice) ae placed. One of the models pesented by Chis Chpmyn and Stephen enteed, the shampoo is actually a new vesion of Pam and with small changes in concepts and in 2003 as one of the most complete stuctues developed in 9 steps up its isk management yea is (Mohtashami, 2004). 3

4 Stategic pefomance management Stategic Pefomance Management helps oganizations to intelligently monito the implementation of thei stategies And distotions and contadictions identified and the causes of deviations oots And finally impovement pogams to maximize the ealization of the stategy of the foundation. Though stategic pefomance management system, oganizations will be able to also examine the implementation of stategies and pogams of health cae fo the ealization of stategic outcomes. Pefomance evaluation, management will help to position the oganization at any given moment unde contol. As a esult, evaluating the pefomance of the oganization: the integity of the oganization's stategy and diection will ensue continuity. lack of staff skills and taining needs ae detemined. infomation needed fo planning and development, especially in the field of human esouces povided. pope feedback on the goals pesented. balancing between diffeent conflicts within the oganization is possible (conflicts of inteest, development stakeholdes, etc.) ambiguity disappeaed and the atmosphee is tanspaent. Key infomation gatheing pocess and the use of pevious expeiences, in planning futue activities (the slave nooalizadeh, 1999). Pefomance appaisal systems ae decades of expeience in management liteatue, these systems into two categoies: taditional and moden systems divide the oveall system. In geneal, taditional systems placed geate emphasis on the individual as the subject of evaluation and while the new system the emphasis on pocesses (ibid: 41). Table 2-5 Compaison of taditional and moden pefomance appaisal systems (Simons, 2005) New systems (stategy-oiented) pefomance evaluation Taditional systems pefomance assessment 4

5 emphasis on the evaluation pocess emphasis on diffeent aspects of evaluation oiented stategy (emphasis on the diection and stategy functions) indicatos etospective and pospective emphasis on impovement Ceate an atmosphee of tust and coopeation develop and pomote the spiit of ceativity and innovation establish causal elationships and the oots of poblems pocess-oiented (emphasis on the outcome and the pocess of achieving it) emphasis on undestanding the goals and stategies to assess pefomance Evaluation is a continuous pocess emphasis on pefomance evaluation event-(emphasis on individual events) etospective indicatos Emphasis on contol Ceate an atmosphee of distust educe (o eliminate) the spiit of ceativity and innovation Due to the poblems Results-oiented (focusing on outcome) focusing solely on pefomance evaluation Discete and peiodic evaluation In a study to identify key isk constuction pojects in China, isks fom two diffeent pespectives: 1) the pespective of poject beneficiaies and 2) the identification and classification of the poject life cycle. The impact assessment also getting esponses o lack of impact of each isk on the poject goals such as time, cost, quality, safety, the envionment has been set. Postal questionnaies wee used to collect data fom 85 of the 77 poject isk distibution and data wee collected. (2007, Zou, Zhang, Wang). In a study on the isk of key constuction pojects in China, the isk analysis, the identified isks in tems of likelihood and seveity of an impact on thee levels on 5 objectives of the poject include: cost, time, quality, envionment and safety Categoies then, based on the scale set foth in the table below have been quantified. The next step, accoding to the esults of the evaluation of the pobability of occuence and level of impact of the thee levels of the espondents fo each of the answes given, the effect of each isk on each of the tagets has been calculated and ating. Reseach Methodology Wheeas the esults of this eseach can be used in academic centes of Semnan povince, so as to taget eseach, applied eseach, and given that employees of Semnan univesity centes and infomation fom within the oganization Lean fom the expets using the questionnaie eceived, so as to suvey the field type is. Given that it is also the esult of eseach at the Univesity, the study is a case study. Random sampling is conducted by the concened depatments and validity was confimed by expets. 5

6 Test Value = 3 t df Sig. (2-tailed) Mean Diffeence 95% Confidence Inteval of the Diffeence Lowe Uppe financial Detemining the sample size is detemined by Cochan. Its eliability has been poven in pevious eseach. Data analysis Demogaphic chaacteistics in the table below. Accoding to the esults, about 52 pecent of the sample wee men and most fequently associate education (15%) and expets (65 pecent). About 65 pecent ae maied, 35% single. Is academic centes of Semnan has the appopiate status in the financial pespective, stakeholdes, leaning and intenal pocess of stategic pefomance management pocess? H : the aveage financial pespective is 3 H 1: the aveage financial pespective is not 3 H : the aveage Stakeholdes pespective is 3 H 1: the aveage Stakeholdes pespective is not 3 One-Sample Test Test Value = 3 T df Mean diffeences The mean diffeence with 95% confidence lowe limit Lowe Stakeholdes uppe H : the aveage Leaning pespective is 3 H 1: the aveage Leaning pespective is not 3 6

7 One-Sample Test Test Value = 3 t df Sig. (2-tailed) Mean Diffeence 95% Confidence Inteval of the Diffeence Lowe Uppe Leaning H : the aveage Intenal pocess pespective is 3 H 1: the aveage Intenal pocess pespective is not 3 One-Sample Test Test Value = 3 t df Sig. (2-tailed) Mean Diffeence 95% Confidence Inteval of the Diffeence Lowe Intenal pocess uppe Coelation: Given the coelation between the dimensions of isk management and stategic pefomance management has taken the following esults wee obtained. If thee is a nificant level of less than 0.05, the coelation is poved. 0.2 Coelation The staff undestanding of isk management Coelation The oganization of isk management Coelation The situation in the field of isk management policies and pocedues Coelation Risk management position 7

8 Coelation Monito the analysis, assessment and isk contol Coelation Risk management Conclusion: With egad to the theoetical foundations of the elationship between isk management and stategic pefomance management in this study, the aveage test of Semnan univesity centes on fou aspects of stategic pefomance management depends on. The esults showed samples in all aspects of stategic pefomance management is in good condition. The esults also evealed that the coelation between isk management and a nificant positive coelation with oganizational stategic pefomance management. Since this study was conducted among employees of the univesity centes of Semnan povince, ecommended a wide geogaphical aea and in othe simila oganizations in this study, and the esults compaed with each othe. Study of stuctual baies, legal, human and oganizational stategic pefomance management cultue in the isk management and offes futue eseaches. Refeences: Alavi, B. (2000). Human esouce management infomation system. Tadbi Magazine, (I.M.O), 105. Alavi., M., & Leidne, D. E. (2001). Knowledge management and knowledge management system: Conceptual foundations and eseach issues. MIS Quately, 25(1), Al-Jawan, Ahnied Ebahim (2004). Appaising implementation of Balanced Scoecad as an effective stategic pefomance measuement tool towads pivatization of public utilities (State Owned Entepises - SOEs), Submitted in Patial Fulfillment of the Requiements of the Degee of Docto of Philosophy. Fasani Dehghani, H. (2010). "Assessing the Impact of Knowledge Management Capability on Oganizational Effectiveness in Chahamahal and Bakhtiai Povince Gas Company" Isfahan, Isfahan Univesity, Maste's thesis. Gold,, A. H., Malhota, A., & Segas, A. H. (2001). Knowledge management: An oganizational capabilities pespective. Jounal of Management Infomation System, 18(1), Hasan, H., & Al-hawai, M. (2003). Management styles and pefomance: A knowledge space famewok. Jounal of Knowledge Management, 7(4), 15-. Howitch, M. & Amacost, R. (2002). Be all it can be: Helping knowledge management. Jounal of Business Stategy,

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