From April 21 till 22 BA School of Business and Finance held the annual scientific conference ASBBMC’16 (Annual Scientific Baltic Business Management Conference). The theme of ASBBMC’16 was „Challenges of Business Sustainability in the Digital Age” and two of our project team members Māris Krastiņš and Jānis Hermanis spoke at the report “Potential of Risk Management integration in Management decisions”. Authors indicate the actual risk management problems in entrepreneurs daily business life, like, too much risks in nowadays; risk management without specific standards; too strong correlation with financial risk management; more quality than quantitative risk assessment; some problems to use traditional investment measurements (ROI, ROA, etc.)
As one of the solution, how to improve entrepreneurs knowledge in risk management field, how to solve problems contacted with every days risks, how to understand what is more important, what les authors mentioned our PERM project goals – RM simulation game and RM study course in a new way.
We received from audience a lot of good wishes and big support in our way to develop our game, system, and course.