To The Problems of Development of Possessory Risk Management Systems and the Mechanisms of Creation of Organization Values in Conditions of Digital Economy

DOI

10.2991/iscfec-18.2019.8How to use a DOI?

Keywords

problems, development; possessory risk management, system, organization, digital economy

Abstract

The global economy is steadily entering a "digital" stage of its development. However, most aspects of this stage are still slowly researched. As a result, a computational power of a modern computer doubles every year since the 1970s while the maintenance cost declines at about the same rate. On the other hand, every component of the human activity today is accompanied by a digital recording. Thus, various users of information have collected more data over the past two years than in the last third of the twentieth century. The number of the interactive devices is also growing rapidly. In 2016 four billion smartphones were purchased and activated in the world in addition to the two billion in use. And all these smartphones as well as laptops, tablets, sensors and cameras create data streams of large volume - 2.5 exabytes each day. The sharp change of the data amount and the increase in the digital tools number transform all aspects of social and economic life, affecting more and more areas of entrepreneurship, trade, production and services. This in turn forms the conditions in which organization management systems and consequently the mechanisms of value creation of organizations are experiencing their own digital revolution, which has a significant impact on functioning processes and effectiveness of risk management. It is important to note that according to our estimates, which are given further in the article, now 70% of Russian organizations have only an approximate understanding of the nature and the content of the "digital" risks that may accompany their activity in the future, in turn, only 10% Russian organizations have formed mechanisms for digital risks management within their management systems. Another 20% of Russian organizations have no idea about "digital" economy and the risks connected with its formation. This article is devoted to the analysis of main types of risks connected with the "digital" economy formation and the logic of transformations implementation in possessory risks management systems as well as mechanisms of value creation of the organizations in the context of the "digital" era.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - M. V. Khachaturyan
AU  - I. A. Koryagina
AU  - E. V. Klicheva
AU  - M. E. Ermolaeva
PY  - 2019/01
DA  - 2019/01
TI  - To The Problems of Development of Possessory Risk Management Systems and the Mechanisms of Creation of Organization Values in Conditions of Digital Economy
BT  - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2018)
PB  - Atlantis Press
SP  - 32
EP  - 36
SN  - 2352-5428
UR  - https://doi.org/10.2991/iscfec-18.2019.8
DO  - 10.2991/iscfec-18.2019.8
ID  - Khachaturyan2019/01
ER  -