A New Strategic Risk Reduction For Risk Management

Risk Management is one of the key cares of any organization strategic management; proper benefit of risk management is finding risks and their solutions. In this article, we will suggest a new Strategic Risk Reduction technique for producing optimal risk reduction strategies; which reduce risk expos...

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Bibliographic Details
Main Authors: Mourad Ykhlef, Danah Algawiaz
Format: Article
Language:English
Published: Atlantis Press 2014-12-01
Series:International Journal of Computational Intelligence Systems
Subjects:
Online Access:https://www.atlantis-press.com/article/25868539.pdf
Description
Summary:Risk Management is one of the key cares of any organization strategic management; proper benefit of risk management is finding risks and their solutions. In this article, we will suggest a new Strategic Risk Reduction technique for producing optimal risk reduction strategies; which reduce risk exposure for expected income by allowing several countermeasures per risk rather than one countermeasure as previous works did. Our Strategic Risk Reduction will be optimized using Ant Colony Optimization approach.
ISSN:1875-6883