Author(s)

Mikhail Vladimirovich Khachaturyan, Evgeniia Valerievna Klicheva, Vladimir Viktorovich Velikorossov

Corresponding Author

Mikhail Vladimirovich Khachaturyan

ABSTRACT

Under the dynamically changing current conditions characterized with a significant number of possibilities and risks, occurrence of new variants of business process modifications and continuous transformations of state regulation mechanisms, the key task of the organization management systems development must be increased flexibility of the decisions developed thereby in the course of accounting and constant tracking new risk forms and types in general, and possessory risks in particular. Despite constantly growing volumes of owners’ and other stakeholders’ contributions in possessory risk management tools, possessory risk management processes and processes supporting the whole system of management of regulatory requirements under current conditions mainly do not take into account the rate of changes in the external environment and remain unsusceptible to processes taking place in other sub-systems of the organization management, and information about risks accumulated within them, are fragmental in nature. We believe that improved efficiency of possessory risk management systems may be achieved through implementation of digital mechanisms and risk management tools in their structure. This article represents the vision of authors on how the digitization process runs in the organization’s possessory risk management systems.

KEYWORDS

Digital technology, mechanisms, development, possessory risk management systems, management, new economic conditions