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The Construction of Risk Model (PDRC Model) for Collaborative Network Organization

In: Liss 2021

Author

Listed:
  • Xiadi Cui

    (Beijing Jiaotong University)

  • Juanqiong Gou

    (Beijing Jiaotong University)

Abstract

Modern enterprises generally believe that the scientific implementation of internal control risk management is an important guarantee for the construction of enterprise internal control management efficiency system. However, in the increasingly competitive market environment, enterprises often inevitably need to seek cooperation with partners. Therefore, only relying on the strong control mode can’t meet the long-term development of enterprises. Under the guidance of this perspective, this paper analyzes the construction method of collaborative risk management domain model, adds organizational elements to the risk model, constructs PDRC model (Partner/ Danger/ Risk/ Consequence chain) and gives the method of element identification. At the same time, the author specifically expanded five types of application forms of the model to analyze the relationship between entity categories and risk management strategies. Then try to summarize inherent laws. Finally, this paper given two business scenarios of a large petrochemical trading company in China to verify the proposed model and its application rules. This study can provide a model basis for collaborative risk management of future organizations.

Suggested Citation

  • Xiadi Cui & Juanqiong Gou, 2022. "The Construction of Risk Model (PDRC Model) for Collaborative Network Organization," Lecture Notes in Operations Research, in: Xianliang Shi & Gábor Bohács & Yixuan Ma & Daqing Gong & Xiaopu Shang (ed.), Liss 2021, pages 735-746, Springer.
    • Handle: RePEc:spr:lnopch:978-981-16-8656-6_65
    DOI: 10.1007/978-981-16-8656-6_65
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