Research On Risk Management Under Light Asset Operation Mode

With the development of economic globalization,the competition among enterprises is becoming more and more fierce,and the risks are becoming more and more complicated.In this context,it is particularly important to use the business model that suits them and manage the risks reasonably.Since the emergence of the light asset operation model in the 1970 s,attention has been paid to the characteristics of being able to create more value for enterprises,and more and more enterprises adopting the light asset operation model have been adopted by many enterprises.Traditionally,the light asset operation model has focused on knowledge-intensive industries.In recent years,the light asset operation model has been favored by many industries.It is undeniable that the light asset operation model is in line with the needs of modern enterprise development.It can control the most core value of the industrial chain,occupying the high value-added links in the industrial chain,which is the inevitable outcome of the development and entry into the knowledge age.The light asset operation model can complete the sales of products with less investment,which is conducive to the rapid expansion of enterprises.But we should recognize the risks brought by this model.Due to the separation of heavy assets and the relatively low fixed assets,this will inevitably become the weakness of the enterprise.In addition,this model has separate production and outsourcing.Characteristics,it is difficult for enterprises to control product quality,so it is easy to bring additional risks to light asset companies,such as product quality risks.This paper selects Wens Foodstuffs Group Co.,Ltd,a livestock breeding enterprise with zero tolerance for product quality risk,as the research object,and studies the light asset operation mode from the perspective of risk management.Based on the understanding of the 2017 COSO framework,this paper combines the characteristics of the light asset operation model to build risk management system of light asset operation model from governance and culture,strategy and goal setting,risk identification analysis and response,review and revision,information,communication and reporting.This paper believes that the light asset operation mode is more difficult and more uncertain due to the transfer of some business links from internal management to external management.So light asset enterprises need to pay more attention to risk management,such as establishing perfect risks.This paper not only pays attention to the risk identification analysis and response of the light asset operation mode,but also constructs the risk management system under the light asset operation mode from a more macro perspective,hoping to provide guidance and reference for other light asset companies in risk management.