Manajemen Resiko 1: Pengertian dan Jenis-jenis Resiko

Summary

This video discusses the concept of risk and risk management, emphasizing its role in business decision-making. Risk is defined as uncertainty that can lead to losses, and risk management aims to reduce such uncertainties. The video explains three types of risks: economic, environmental, and human behavior uncertainty. Economic uncertainty involves unpredictable changes in the economy, while environmental uncertainty covers external factors like natural disasters. Human behavior uncertainty refers to the unpredictability of people's responses to market shifts. The goal of risk management is to create strategies to mitigate potential losses caused by these uncertainties.

Takeaways

• 😀 Risk is the uncertainty about whether an event will occur and the potential consequences if it does.
• 😀 Risk management is the process of identifying, assessing, and mitigating risks to prevent losses.
• 😀 The study of risk management began after World War II and was initially focused on financial protection, such as insurance.
• 😀 Risks can be categorized into three main types: economic, environmental, and human uncertainty.
• 😀 Economic uncertainty involves factors like inflation, economic recessions, and exchange rate fluctuations.
• 😀 Environmental uncertainty includes natural disasters, environmental factors, or changes that a business has no control over.
• 😀 Human uncertainty refers to unpredictable behavior, particularly in response to market changes or societal shifts.
• 😀 Companies should identify potential risks to their business environment and measure their impact to plan appropriate mitigation strategies.
• 😀 The goal of risk management is to minimize losses and protect a business from unexpected harmful events.
• 😀 The highest levels of management, such as CEOs and risk officers, are typically responsible for overseeing risk management strategies.
• 😀 Effective risk management helps organizations make informed decisions, balancing risk and opportunity to maintain stability.

Q & A

What is the definition of risk in the context of risk management?

Risk is defined as uncertainty regarding the occurrence of an event, with the potential for that event to cause harm or loss. It involves two key elements: unpredictability and potential negative outcomes.

How did risk management evolve after World War II?

Risk management started to gain prominence after World War II, initially focusing on protecting businesses from financial losses through tools like insurance. Over time, its scope expanded to cover broader uncertainties related to business decision-making and strategy.

What are the two primary characteristics of risk?

The two primary characteristics of risk are: 1) Uncertainty about whether an event will occur, and 2) The potential negative impact (loss) if the event does occur.

What is the relationship between uncertainty and decision-making in risk management?

Uncertainty plays a significant role in decision-making as it affects how we assess potential outcomes. Risk management aims to minimize uncertainty in decision-making by providing tools and frameworks to evaluate and handle risks more effectively.

What are the key objectives of risk management for a company?

The key objectives of risk management for a company are to identify, assess, and mitigate risks. This helps create a structured framework that allows the company to deal with uncertainties and avoid or reduce potential losses.

What are the three main types of risks discussed in the script?

The three main types of risks discussed are: 1) Economic Risk, 2) Environmental Risk, and 3) Human Behavior Risk.

Can you provide an example of economic risk?

An example of economic risk is the Asian financial crisis of 1997-1998, where there was an unexpected downturn in the economy, affecting global markets, including a dramatic devaluation of the Rupiah in Indonesia.

What is environmental risk in the context of risk management?

Environmental risk refers to uncertainties related to external factors that affect a business, such as natural disasters, political shifts, or regulatory changes. Businesses may have little or no control over these factors, making it harder to anticipate or manage the risks they present.

How does human behavior impact risk management?

Human behavior introduces uncertainty because individuals or groups can react unpredictably to situations. This uncertainty can affect market trends, consumer behavior, and responses to economic changes, all of which are difficult to forecast accurately.

Why is risk management important for a business?

Risk management is crucial for a business as it helps to identify potential risks, assess their likelihood and impact, and take preventive or corrective measures to minimize financial losses and maintain operational stability.