A knowledge-based message management system

1987 ◽  
Vol 5 (3) ◽  
pp. 213-236 ◽  
Author(s):  
Shi-Huo Chang ◽  
L. Leung
Author(s):  
SVETLANA KARAPETYAN

Current developmental trends and changing demands at national, regional, and international markets have created new risks for universities in the context of the operation of the knowledge-based economy. In order to effectively manage the risks that might have possible repercussions on ensuring the efficiency, competitiveness, and continuity of processes at the RA universities, the latter ones are obliged to employ clear principles, approaches, processes, and procedures that imply the establishment and operation of a risk management system. The purpose of this article is to propose a risk management framework for universities as a precondition to increase the efficiency of strategic management of RA universities.


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