Maximizing opportunities by leveraging the strategic risk management within the scientific institute
The research is based upon the insights derived from the conclusions of Jonović et al. (2024) and aims to evaluate the effectiveness of Strategic Risk Management (SRM) linked to the COSO ERM (Committee of Sponsoring Organizations Enterprise Risk Management) framework. Implemented within a scientific...
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| Format: | Article |
| Language: | English |
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Mining and Metallurgy Institute, Bor
2025-01-01
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| Series: | Mining and Metallurgy Engineering Bor |
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| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/2334-8836/2025/2334-88362501085J.pdf |
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| _version_ | 1849427916523307008 |
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| author | Jonović Marija Barjaktarović Lidija Bugarin Dejan |
| author_facet | Jonović Marija Barjaktarović Lidija Bugarin Dejan |
| author_sort | Jonović Marija |
| collection | DOAJ |
| description | The research is based upon the insights derived from the conclusions of Jonović et al. (2024) and aims to evaluate the effectiveness of Strategic Risk Management (SRM) linked to the COSO ERM (Committee of Sponsoring Organizations Enterprise Risk Management) framework. Implemented within a scientific institute of significant importance to the Republic of Serbia, the SRM is examined for its ability to identify the weaknesses, address threats, and leverage opportunities. The goal is to identify the risk factors and mitigate them through the SRM as a concept closely related to the COSO ERM framework. The primary research includes a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis survey conducted from June 26 to July 1, 2024, with a sample of 214 respondents and a response rate of 55.6% (119 respondents). The results highlight a sustainable business strategy and effective application of the SRM in the institute. |
| format | Article |
| id | doaj-art-1e827664b69646f0b5ac547f3efe667e |
| institution | Kabale University |
| issn | 2334-8836 2406-1395 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Mining and Metallurgy Institute, Bor |
| record_format | Article |
| series | Mining and Metallurgy Engineering Bor |
| spelling | doaj-art-1e827664b69646f0b5ac547f3efe667e2025-08-20T03:28:52ZengMining and Metallurgy Institute, BorMining and Metallurgy Engineering Bor2334-88362406-13952025-01-0120251859210.5937/mmeb2501085J2334-88362501085JMaximizing opportunities by leveraging the strategic risk management within the scientific instituteJonović Marija0https://orcid.org/0009-0000-8418-2523Barjaktarović Lidija1https://orcid.org/0000-0002-5630-8595Bugarin Dejan2https://orcid.org/0000-0002-9103-4614Mining and Metallurgy Institute Bor, SerbiaUniversity of Singidunum, Belgrade, SerbiaMining and Metallurgy Institute Bor, SerbiaThe research is based upon the insights derived from the conclusions of Jonović et al. (2024) and aims to evaluate the effectiveness of Strategic Risk Management (SRM) linked to the COSO ERM (Committee of Sponsoring Organizations Enterprise Risk Management) framework. Implemented within a scientific institute of significant importance to the Republic of Serbia, the SRM is examined for its ability to identify the weaknesses, address threats, and leverage opportunities. The goal is to identify the risk factors and mitigate them through the SRM as a concept closely related to the COSO ERM framework. The primary research includes a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis survey conducted from June 26 to July 1, 2024, with a sample of 214 respondents and a response rate of 55.6% (119 respondents). The results highlight a sustainable business strategy and effective application of the SRM in the institute.https://scindeks-clanci.ceon.rs/data/pdf/2334-8836/2025/2334-88362501085J.pdfnationally significant institutecosoermsrmswot analysis |
| spellingShingle | Jonović Marija Barjaktarović Lidija Bugarin Dejan Maximizing opportunities by leveraging the strategic risk management within the scientific institute Mining and Metallurgy Engineering Bor nationally significant institute coso erm srm swot analysis |
| title | Maximizing opportunities by leveraging the strategic risk management within the scientific institute |
| title_full | Maximizing opportunities by leveraging the strategic risk management within the scientific institute |
| title_fullStr | Maximizing opportunities by leveraging the strategic risk management within the scientific institute |
| title_full_unstemmed | Maximizing opportunities by leveraging the strategic risk management within the scientific institute |
| title_short | Maximizing opportunities by leveraging the strategic risk management within the scientific institute |
| title_sort | maximizing opportunities by leveraging the strategic risk management within the scientific institute |
| topic | nationally significant institute coso erm srm swot analysis |
| url | https://scindeks-clanci.ceon.rs/data/pdf/2334-8836/2025/2334-88362501085J.pdf |
| work_keys_str_mv | AT jonovicmarija maximizingopportunitiesbyleveragingthestrategicriskmanagementwithinthescientificinstitute AT barjaktaroviclidija maximizingopportunitiesbyleveragingthestrategicriskmanagementwithinthescientificinstitute AT bugarindejan maximizingopportunitiesbyleveragingthestrategicriskmanagementwithinthescientificinstitute |