Font Size: a A A

The Study On Foreign Risk Management Strategies Of Construction Enterprises "Going Out"

Posted on:2017-05-13Degree:MasterType:Thesis
Country:ChinaCandidate:R H HaoFull Text:PDF
GTID:2309330503484639Subject:Business management
Abstract/Summary:PDF Full Text Request
To promote the country "going out" strategy actively, China’s construction companies turn their way to overseas for projects. However, the overseas is quite different that they face the totally strange external environment and internal organizational environment, which may contain high-risk. The high-risk has been the focus of people in this period. So, how to respond and deal with those risks, how to improve risk prevention awareness and establish a perfect system of risk response and risk prevention measures have been problems for the "going out" construction enterprises.On the basis of referring to previous research achievements and foreign construction enterprise risk management practices, the research used the SWOT method to analyze the present situation of construction enterprises. Which reached the conclusion that the risk management system is necessary and urgent for construction enterprise. And all the analysis lay on the foundation for the establishment of risk response system.How to deal with the problem of foreign risk for China construction enterprises, the article proposed to establish the risk response system. Which contains risk warning system, the principle of risk response, risk response strategies, preventive measures and risk control system. To deal with the risk, risk warning is the first step. The article used principal component analysis and expert investigation method to establish risk warning indicator system. With the help of fuzzy comprehensive evaluation method, the article established the risk warning model. Then the author proved the feasibility of risk early warning system with empirical research specific case. After that, the article proposed five principles to deal with risk: a balanced management, risk hedging; business diversity, risk dilution; sharing of benefits and risks; the amount of the out of the money for the security; proactive, people-oriented. Under the guidance of the principle of risk response, the article analyzes the key points to develop coping strategies and risk considerations. Next, for overseas environmental risks and operational risks, the article proposed targeted preventive measures, and then carried out the necessary analysis with practical cases and summed up the lessons of risk response. Finally, according to the control trilogy, the article proposed risk response control system which includes risk response plans, the measure of effectiveness and the effort to correct risk management bias. which can provide a reference to risk response on some level.
Keywords/Search Tags:construction companies, strategy of going out, risk management, countermeasure
PDF Full Text Request
Related items