Application Research On Comprehensive Risk Management Of HB Customized Home Furnishing Company

Since the 18th National Congress of the Communist Party of China,internal control and risk management have begun to enter the vision of the Party Central Committee and the national governance.General Secretary Xi Jinping also made important instructions: "we must put risk prevention in a prominent position".It can be seen that the implementation of comprehensive risk management in enterprises is particularly important.In recent years,the development trend of customized home furnishing industry is good.In many modes and levels,it has innovated the management concept and mode of traditional home furnishing,improved the sales mode and updated the manufacturing mode.With the development of industry 4.0 information technology,it is possible for customized household enterprises to realize "personalized customization and flexible production".According to the needs of consumers and the ideas provided by consumers,the designer provides the scheme and makes the customized production by splitting the orders.Then,the digital technology is used to shorten the design and production cycle of the products and timely deliver the products to consumers.However,with the rapid development of customized home furnishing industry,many enterprises have such and such risks in the process of operation and management.Some enterprises suffer serious losses due to the lack of risk management,and some enterprises suffer from the risk impact due to the lack of major risk plans,leading to bankruptcy.HB Company is a professional enterprise that specializes in manufacturing and selling modern integral kitchen and whole house customized products.There are the same risk management problems in customized household enterprises.Based on the theory of comprehensive risk management and risk identification technology,this paper adopts the methods of literature research and case study,focusing on the logic of "how" and "why" of comprehensive risk management,and makes a case study on the current situation,existing problems and causes of comprehensive risk management of HB customized home furnishing company,and draws the following conclusions through the study:1.The main problems existing in the comprehensive risk management of HB Company are as follows:(1)the culture construction of HB Company is not perfect,which leads to the weakness of the risk management culture consciousness of the management and employees of HB Company;(2)the company does not have a systematic comprehensive risk management plan at present,and the risk management process is too formalized;(3)the company does not have a clear risk identification process,clear incentive factors and incentive mechanism(4)there is a serious "Department wall" in HB Company,and the risk information is not transmitted in time,which leads to the increase of potential risks.2.In view of the problems existing in the comprehensive risk management of HB Company,the framework system of comprehensive risk management objectives,risk identification and risk assessment is constructed,and 16 risks are identified,including 1 major risk,13 medium risk and 2 low risk.Based on this,the application research strategies of comprehensive risk management are proposed:(1)establish risk management committee,carry out risk management regularly or irregularly Assess and strengthen risk management at the board level;(2)embed comprehensive risk management system in the top-level design of the company,strengthen risk management awareness training for employees through the company’s business school;(3)define the company’s development strategy,break down the objectives into net profit,number of distributors,sales return,team building(low turnover rate,team cohesion and communication power),and Assessment and implementation shall be carried out to reduce losses caused by potential risks.Compared with the characteristics of mass production,this paper deeply analyzes the unique "customized business" risk of customized home furnishing HB Company,deepens the research on how to solve the unique risk of customized enterprises in comprehensive risk management,and provides reference for similar enterprises to implement comprehensive risk management.