RISK AS A DETERMINANT OF MANAGEMENT PROCESSES: CLASSIFICATION AND FUNCTIONAL DISCOURSE

The article examines risk as a multidimensional category that acts as a key determinant of management processes. The classification and functional aspects of risk that determine its systemic nature and integrative nature are analyzed. The structural elements of risk, such as identification, classification, assessment and management, are considered, which ensure the formation of effective models of risk-oriented management. The emphasis is on the importance of risk as a factor that simultaneously creates threats and stimulates organizational development through resource optimization and increasing the efficiency of management decisions. The systematization of classification approaches to risk is proposed according to such features as the scale of influence, the degree of controllability, the nature of origin and the nature of influence. The importance of risk classification for the formation of management strategies that allow minimizing possible losses, increasing predictability and optimizing the use of resources is considered. It is substantiated that risk in modern conditions cannot be considered exclusively as a negative phenomenon, since its use in strategic decisions allows organizations to increase their adaptability and competitiveness.