Maturity Level Risk Management in State-Owned Enterprises

(Case Study: Perum Jasa Tirta II)

DOI

10.2991/aebmr.k.211226.045How to use a DOI?

Keywords

Risk Management; RM Simple Model; Risk Maturity Level; State Owned Enterprise

Abstract

Risk management is the company’s efforts to prevent damage that may arise to the company’s business processes. In a state-owned company, usually risk management is not something that important because the company have very minimum risk from the support of the government. As the time goes by, this perspective need to be revised because even the safest company still need to manage its risk and minimize it. Perum Jasa Tirta II is one of the State-Owned Enterprises (BUMN) that strives to implement risk management. Measurement of risk management maturity level using the RM Simple Model can be used as a benchmark for the implementation of corporate risk management. It is categorized in five dimensions. These dimensions include the D1 dimension: risk management, strategy and decision-making processes; D2: communication, information, and reporting; D3: organization, authority, and interaction; D4: IT tools and analysis; and D5: framework and process. Consecutively obtained results are 3; 4; 3; 3; 3. The results of this study conclude that the level of risk maturity in the standards of state-owned companies has a fairly mature system that allows to minimize existing risks.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Puti Sinansari
AU  - Syarifa Hanoum
AU  - Ilham Rinaldi
PY  - 2021
DA  - 2021/12/31
TI  - Maturity Level Risk Management in State-Owned Enterprises
BT  - Proceedings of the 3rd International Conference on Business and Management of Technology (ICONBMT 2021)
PB  - Atlantis Press
SP  - 322
EP  - 327
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.211226.045
DO  - 10.2991/aebmr.k.211226.045
ID  - Sinansari2021
ER  -