Strategic Management Risks Model in the Iranian Insurance Industry

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MAZLOOMI NADER; HAGHIGHI KAFASH MEHDI; KHASHEI VAHID; Nateghi ali akbar

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Journal: JOURNAL OF BUSINESS STRATEGIES Year:2019 | Volume:25 | Issue:12 Page(s): 125-142

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Title

Strategic Management Risks Model in the Iranian Insurance Industry

Author(s)

MAZLOOMI NADER | HAGHIGHI KAFASH MEHDI | KHASHEI VAHID | Nateghi ali akbar | Issue Writer Certificate

Keywords

Strategic Management RiskQ1

Strategic RiskQ1

Insurance IndustryQ1

DatabaseQ1

Abstract

Strategic management is one of the ways through which Iranian insurance companies may attain their deserving position globally. Research results indicate that many strategic processes in organizations lead to failure. Strategies that fail, in addition to imposing additional costs on the organization, will cause loss of future opportunities and benefits as well as damage to profitability and competitive advantage. Strategic Management Risks (or Strategic Risks) are used to address the factors that defeat strategies. The purpose of this study is to identify these risks for the Iranian Insurance Industry, so that risk managers become familiar with the obstacles ahead of them before the start of strategic processes. And to enable them to cope with such obstacles and increase the likelihood of success of the strategies. According to the study conducted, no related research has been carried out in this country so far. To identify the Strategic Management Risks in the Iranian Insurance Industry, the data base method has been used and the data required for the research has been collected through in-depth interviews with a number of prominent experts in the Insurance Industry. These people are selected by judgment and snowball. The interviews were analyzed using codec method using the Atlas software. As a result, 97 concepts were identified first and, after classification, the Strategic Management Risks of the Iranian Insurance Industry in the form of human resource risks, business risks (environment), operational risks and event risks Were identified.

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APA: Copy

MAZLOOMI, NADER, HAGHIGHI KAFASH, MEHDI, KHASHEI, VAHID, & Nateghi, ali akbar. (2019). Strategic Management Risks Model in the Iranian Insurance Industry. JOURNAL OF BUSINESS STRATEGIES, 25(12 ), 125-142. SID. https://sid.ir/paper/252994/en

Vancouver: Copy

MAZLOOMI NADER, HAGHIGHI KAFASH MEHDI, KHASHEI VAHID, Nateghi ali akbar. Strategic Management Risks Model in the Iranian Insurance Industry. JOURNAL OF BUSINESS STRATEGIES[Internet]. 2019;25(12 ):125-142. Available from: https://sid.ir/paper/252994/en

IEEE: Copy

NADER MAZLOOMI, MEHDI HAGHIGHI KAFASH, VAHID KHASHEI, and ali akbar Nateghi, “Strategic Management Risks Model in the Iranian Insurance Industry,” JOURNAL OF BUSINESS STRATEGIES, vol. 25, no. 12 , pp. 125–142, 2019, [Online]. Available: https://sid.ir/paper/252994/en

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