The roles of organisational orientations in implementing effective risk management strategies for international logistics

Dong-Wook Kwak, Anthony Beresford, Stephen Pettit, Robert Mason, Vasco Sanchez-Rodrigues, Young-Joon Seo

Research output: Chapter in Book/Report/Conference proceedingConference proceeding

Abstract

Previous studies identified a range of strategies which can be effective for global SCM and international logistics. This research aims to investigate the influences of organisational orientation on different types of risk management strategies within global SCM. It deals with risk management strategies in association with disruption, customer and quality orientations as well as with risk management capabilities. A hypothetical model is developed from a literature review and tested using large-scale survey data and the PLS-SEM technique. The results obtained from the survey demonstrate the strategic priority in implementing risk management strategies if a firm’s resources are constrained. One of the main managerial implication derived from the study is that the research suggests that firms should carefully consider risk management strategies because their effects on risk management vary slightly. This research provides several research implications which could direct future research developed on supply chain risk management strategies. Firstly, the findings can be a stepping stone for further research because they suggest corporate features and cultures that a firm needs to possess for risk management. Secondly, the methodology applied in this study can provide guidance for future research which will use this technique in the context of risk management
Original languageEnglish
Title of host publicationIAME 2016 CONFERENCE
Publication statusPublished - Aug 2016
EventInternational Association of Maritime Economists Conference 2016 - Hamburg, Germany
Duration: 23 Aug 201626 Aug 2016

Conference

ConferenceInternational Association of Maritime Economists Conference 2016
Abbreviated titleIAME 2016
CountryGermany
CityHamburg
Period23/08/1626/08/16

Keywords

  • Organisational Orientation
  • Risk Management Strategy
  • Robustness
  • Resilience
  • PLS-SEM

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    Kwak, D-W., Beresford, A., Pettit, S., Mason, R., Sanchez-Rodrigues, V., & Seo, Y-J. (2016). The roles of organisational orientations in implementing effective risk management strategies for international logistics. In IAME 2016 CONFERENCE