USE OF NETWORK THINKING METHODOLOGY FOR ANALYZING FACTORS AFFECTING ORGANIZATIONAL RISK MANAGEMENT IN CUSTOMIZED MANUFACTURING SYSTEMS

Abstract

The article discusses the use of the network thinking methodology for analyzing factors affecting organizational risk management in a manufacturing system used to produce products to individual customer order. In their introduction, the authors make a case for customized manufacture of goods intended to cater to specific preferences of individual customers. This is followed by a general description of the concepts of risk, operational risk and organizational risk and an outline of the possible consequences of disruptions resulting from inadequately arranging a manufacturing system. The section that follows discusses the application of the network thinking methodology to identifying mutual relationships among elements as well as their impacts on the efficiency of organizational risk management. The methodology has helped a team of expert scholars and a practitioner to isolate elements that influence organizational risk management. After relationships among individual elements were examined, such elements could be assessed and assigned to one of the four reactivity categories of active, passive, critical or lazy. On that basis, such potential actions were defined as are designed to influence the effectiveness of organizational risk management.