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Regional Economics: Theory and Practice
 

Specifics of risk management at enterprises of the defense industry complex

Vol. 16, Iss. 3, MARCH 2018

PDF  Article PDF Version

Received: 15 November 2017

Received in revised form: 14 December 2017

Accepted: 9 January 2018

Available online: 15 March 2018

Subject Heading: ECONOMIC SECURITY

JEL Classification: E23, H56, L32

Pages: 472–483

https://doi.org/10.24891/re.16.3.472

Shilkina A.T. National Research Ogarev Mordovia State University, Saransk, Republic of Mordovia, Russian Federation
alvina_2007@list.ru

ORCID id: not available

Varakina O.E. National Research Ogarev Mordovia State University, Saransk, Republic of Mordovia, Russian Federation
varakina_olja@mail.ru

ORCID id: not available

Importance Risk management is an urgent issue for the modern economy, including enterprises operating in the defense industry complex of the Russian Federation. It is a tool to enhance sustainable development, efficiency of organizations, as well as the national defense capability.
Objectives The study aims to identify specifics of risk management at the defense industry complex enterprises, considering the existing problems and requirements of industry standards, and to find an efficient solution.
Methods The study employs traditional methods of scientific analysis, graphical modeling and process description.
Results We underpin the need for risk management in the quality management system of enterprises of the defense industry complex, classify the risks, identify main areas where problems related to risk management should be solved. The paper formulates specific features of management of enterprises engaged in the military industrial sector using the risk-oriented approach.
Conclusions The best option to implement the risk management concept is to integrate the requirements of two industry standards (GOST RV 0015-002-2012 System of Military Equipment Development and Launch into Production. Quality Management Systems. General Requirements and GOST R ISO 9001-2015 Quality Management Systems – Requirements) into the operations of enterprises of the sector.

Keywords: risk, risk management, quality management system, standardization,

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