Naslov
Organizational resilience and risk management improvement - how to reduce and prevent fire hazard using simulation scenarios

Autori
Vučina, Davor ; Fabac, Robert

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
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., 2017, 494-506

Skup
International Scientific Conference on Economic and Social Development

Mjesto i datum
Madrid, Španjolska, 15.09.2017. - 16.09.2017

Vrsta sudjelovanja
Ostalo

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
asset portfolio, B-RISK, fire, Monte Carlo, organizational resilience, risk management, scenario, simulation

Sažetak
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.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija, Informacijske i komunikacijske znanosti, Sigurnosne i obrambene znanosti

POVEZANOST RADA