The study of effective factors on risk management in Isfahan Steel Mill

Abstract

Risk management is the process of risk measurement or evaluation and then the strategies planning for managing the risk. In general, implemented strategies include: transferring the risk to the other sections, prevention of risk, lowering negative effects of risk and adoption of a part or the whole consequences of a specific risk. In this survey, firstly the feasibility of implementing the risk management was studied and then risk management and the factors influencing on it described. The method of this research is descriptive – measuring. The statistical population of this research includes the staff employees and top managers in Isfahan steel mill with the number of 559 persons so that 221 persons were selected as sample and tested using a researcher – made questionnaire with reliability 0.96. The results of data analysis showed that from the view of technical, operational, time, place, economic, legal, productivity, relative benefit and management factors, it’s feasible to implement the risk management in steel mill company and based on obtained correlations coefficient this possibility is very intensive confirmed from the perspective of the personnel and staff top managers.