Study Of Total Risk Management In Shandong Power Enterprise Limited

As the important source enterprise of the state-owned and the biggest public service enterprise in Shandong province, Shandong electric power company plays an important role in the economic development of our society as it always devotes itself to optimize the disposition of the electrical source and protect the power safety of the whole province. With the fast development of the social economy, people have a higher demand on the electricity’s economical efficiency and reliability,so we should pay more attention on the total risk management.According to the requirement of the State-owned Asset Management Commission and National electric network company, Shandong electric power company begin to do the total risk management work gradually, from the dispersive and internal control to the fully management.The main content of this essay is to make a research on the internal environment、 Goal setting、risk recognition、risk assessment、Risk response、control activity. Monitoringinformation and communication of Shandong electric power company risk management, then make a conclusion as the existing problems followed:1.now the risk risk management functions and duties in the company is disperse and haven’t been put on the union level with no explicit total risk management content in the checking and performance system. As the culture construction of the risk management in the company is just step on its way, there do existing the problems as the lack of guidance quality. There isn’t equal risk management measure can be used in the employing、training、and performance checking process.2.although the company has began to do the safety risk and finance internal controlling, setting a better risk estimating system, the work is not yet systematize.3. the functional department is disperse, so the operation is weak when making some risk strategies and the method is general.4.the employee is lack of risk controlling conscience、the controlling method is not perfect、the informational process and internal system construction is not synchronous, what’s more, the company doesn’t have the response to the risk inventory and reform measures. 5.the informational construction project SG186system plays an important role in the company internal information and communication, but we should do better in the risk management supervision and strengthen the role of the internal audit in the risk management.This essay provided suggestions to better improve the total risk management system for the Shandong electrical power company as followed:reorganize the company structure、strengthen the training and learning in the risk management culture, improve the total risk management process in order to strengthen the risk management conscience of the employee and whole company, reconstruct the risk management defining system, estimating system,information system and early warning system.Now the risk management work of Shandong electric power company is on the trying stage, the research of this essay can provide shangdong province and other electrical companies some reference for the total risk management work in the next stage.