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How to Use a FEM Model as a Basis for Strategic-Level Risk Analysis
Stockholm University, Faculty of Social Sciences, Department of Computer and Systems Sciences. University of Tartu, Estonia.ORCID iD: 0000-0002-3490-6092
Number of Authors: 22025 (English)In: Research Challenges in Information Science: 19th International Conference, RCIS 2025, Seville, Spain, May 20–23, 2025, Proceedings, Part II / [ed] Jānis Grabis; Tanja E. J. Vos; Maria José Escalona; Oscar Pastor, Springer Science+Business Media B.V., 2025, p. 120-129Conference paper, Published paper (Refereed)
Abstract [en]

Risk analysis is a crucial aspect of ensuring smooth day-to-day operations. When an organization actively engages in process modeling and analysis, it gives a well-structured daily workflow. However, it is impossible to eliminate the potential impact of risks – risks cannot always be fully mitigated, and their realization can lead to negative consequences. Additionally, new risks (threats) emerge daily, which we have not encountered before. Therefore, it is essential to conduct risk analysis to minimize the negative impact of these threats. There are numerous methods and structures at the operational level to support risk management. This article will examine how the Fractal Enterprise Model could be used as a base for analyzing complex risk scenarios at the strategic level.

Place, publisher, year, edition, pages
Springer Science+Business Media B.V., 2025. p. 120-129
Series
Lecture Notes in Business Information Processing, ISSN 1865-1348, E-ISSN 1865-1356 ; 548 LNBIP
Keywords [en]
Business Process Model, Fractal Enterprise Model, Risk Analysis, Risk Scenario
National Category
Computer Sciences
Identifiers
URN: urn:nbn:se:su:diva-244098DOI: 10.1007/978-3-031-92471-2_9Scopus ID: 2-s2.0-105005932290ISBN: 978-3-031-92470-5 (print)OAI: oai:DiVA.org:su-244098DiVA, id: diva2:1967830
Conference
19th International Conference, RCIS 2025, Seville, Spain, May 20–23, 2025
Available from: 2025-06-12 Created: 2025-06-12 Last updated: 2025-06-12Bibliographically approved

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Bider, Ilia

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Citation style
  • apa
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