Research On The Strategic Risk Management Of CR Group

The State Council issued Opinions about Persistence on Party Leadership and Reinforcement of Party Building in Deepening Reform on State-owned Enterprises and Opinions about Reinforcement and Improvement of Supervision of State-Owned Assets in Prevention of Its Losses.According to the requirements of the above-mentioned documents,risk control mode and control requirements of CR Group will be gradually improved.Strategic risk management acts as an important branch of researches into enterprise risk management.Therefore,researches into strategic risk management in this article will help CR Group and other similar local companies which are operated with government capital grasp constituted elements of strategic risks,and know risk identification ways.These researches aim to find problems and deficiency in strategic risk management of various enterprises,and formulate effective strategies for strategic risk control.Research methods mainly adopted in this article include literature research method and case analysis method.Through more than 20-year unremitting efforts and development,CR Group gradually forges strategic framework with financial investment as the main part,urban construction and industrial development investment as two wings.Multiple license plates management has been achieved in financial investment plate for venture capital,private fund,micro-finance,pawn,financing guarantee,P2P and other financial transactions.Urban construction investment and industry investment are industrial investment,which are foundation stone for business development of financial investment.Through years of development,urban construction and industry have entered real estate,urban heat supplying,pharmacy,machining,service industry,construction and installation,manufacturing industry and other industries.Being limited to management system,institutional restriction,enterprise culture,business supervision of state-owned enterprises and other reasons,strategic risk control of the group needs to be generalized,systematized and integrated.CR Group acts as object of study for strategic risk management in this article.First,introduction is made in research background and significance,research idea and framework,theoretical concept is sorted out relevant to strategic risk management,and summary is made in its existing relevant research theories and literature situation;then analysis is made into development situation of CR Group,its risk control and management measures at this stage as well as management situation,main process of risk management,existing main strategic risk,and into problems as well as causes for strategic risk management;then according to strategic development goal and vision of the company,combined with analysis into advantages and disadvantages of its strategic management,strategic risk management tactics are formulated which conform to its strategic development.Moreover,analysis is made into implementation guarantee of strategic risk control tactics by the group.There are several important innovations in this article.Applying strategic risk management theory to CR Group,through the environmental scanning and AHP analytic analysis,confirms the CR Group's strategic risks;Using the closed-loop model of the value chain avoids strategic risks;Implementing integrated management strategies reduces strategic riskto create strategic competitive advantage.The main innovation of this paper is the design of the closed-loop model of the value chain,and the construction of the CR financial supermarket.The former is the group company utilizes shareholding and holding companies or affiliated enterprises to achieve transformation of main customers' assets and liabilities in subsidiary corporations(financial enterprises)by giving full play to its resource superiority.It provides support for lending and borrowing business to reduce possibilities of bad debt and protect the fund security of subsidiary corporations.The financial supermarket in financial plate as the basic model,integrates existing financial transaction resources of CR Group to achieve one-stop service for clients,one-stop money management for investors,and one-stop risk management.As the integration of strategic management and risk management,strategic risk management will have more attention from researchers in field of management.Further systematic researches are needed into elements of management,risk identification,risk measurement,risk control ways as well as management,realization and guarantee in strategic risk management.These will boost application of scientific theory of strategic risk management in management field as a special subject.