Training to Manage Risk: Focusing on the Essential

Mohammed, Kassim M.; Arabia, Saudi

doi:10.12720/joams.2.1.1-6

Cited by 2 publications

(2 citation statements)

References 16 publications

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“…In addition, the different results are possible due to differences in the approach to safety performance where in previous research the reference for developing hypotheses used lagging indicators on safety performance while this study used leading indicators. Therefore, it is recommended for companies to be able to increase their understanding of risks with training that focuses on developing a sense of risk with the intention of creating a balanced culture of risk that prevents an underestimation or overstatement of risk [26].…”

Section: Resultsmentioning

confidence: 99%

A Resilience Approach to Improving Safety Performance in Construction

Kurniawan¹,

Machfudiyanto²

2023

IJSSE

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The construction industry is recognized as having inherent risks with high levels of change and uncertainty. The complexity of this project poses a challenge to traditional safety management approaches. As an alternative, a resilience approach to traditional safety management is used, which is designed to deal with uncertainty in a high-risk work environment in the form of a resilience safety culture. This research will look at the relationship between resilience safety culture variables, and safety performance in a stateowned construction company in Indonesia using the partial least squares structural equation modeling approach. Resilience safety culture variables in this study include management commitment, reporting, learning, anticipation, flexibility, awareness, coworker's safety perception, supervisor's safety perception, safety attitudes, understanding of risk, safety resources, and safety procedures. The results of the PLS-SEM test show that there are 9 relationships between variables that have a significant positive influence. As a significant variable that has a direct effect on safety performance, awareness is the main determining factor for improving the company's safety performance. With the significant influence of safety awareness on safety performance, there is a need to increase safety awareness to ensure consistent improvement in safety performance. It is recommended for companies to be able to increase safety awareness, one of which is through safety awareness workshops as a way to improve safety performance. The provision of this workshop is an initiative to increase the ability to anticipate and manage risk proactively which can result in an increased level of awareness of hazards and provide a deeper understanding of safety at work sites so that appropriate preventive measures can be taken to reduce the possibility of accidents or unwanted incidents. These results are expected to be used as a guideline for companies in increasing their safety performance.

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Section: Resultsmentioning

confidence: 99%

A Resilience Approach to Improving Safety Performance in Construction

Kurniawan¹,

Machfudiyanto²

2023

IJSSE

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“…This competency is mainly driven by regular employee training in matters pertaining to risk controlling. Employee training is crucial in managing potential risks (Mohammed, 2014).…”

Section: Risk Controlling and Bakery Performancementioning

confidence: 99%

Risk-Taking and Performance of Small and Medium-Sized Enterprises: Lessons from Tanzanian Bakeries

Jeje¹

2020

JEBS

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SMEs are the major drivers of socioeconomic development of many economies. In order to influence economic growth, SMEs must be capable of enhancing their competiveness, growth, and sustainability. These capabilities are acquired by SMEs that understand and adopt entrepreneurial strategies that work. There is abundant literature confirming that one of these entrepreneurial strategies include risk-taking practices. SMEs are still facing challenges to understand and apply the right risk-taking strategies that influence their performance. We therefore characterise risk-taking as risk planning, risk controlling, and strategic risk initiatives, and seek to establish their contribution on SME performance. This study draws lessons from the risk management practices of small and medium-sized bakeries in Tanzania where agriculture, a sector that directly relates with bakery business, is one of the leading sectors in driving economic growth. We adopt a multi-stage sampling technique and receive responses from 161 questionnaires, and 20 in depth interviews from bakery owners/managers throughout Tanzania. The principal component analysis, qualitative content analysis (manifest analysis), and the moderator analysis are used in analyzing these data. We ascertain that both the firm age, and the gender, of the owner/manager moderate the relationship between risk-taking strategies and SME performance. We argue that SMEs have the responsibilities of improving their risk-taking practices and capabilities in order to drive their competitiveness. Additionally, SMEs need to employ their efforts and resources in supporting their risk management initiatives, and integrate them in their business operations, and policy development practices, and ultimately advance their sustainability.

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Training to Manage Risk: Focusing on the Essential

Cited by 2 publications

References 16 publications

A Resilience Approach to Improving Safety Performance in Construction

A Resilience Approach to Improving Safety Performance in Construction

Risk-Taking and Performance of Small and Medium-Sized Enterprises: Lessons from Tanzanian Bakeries

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