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Jupsang Leadership : A Novel Approach to Enterprise Risk Management

원문정보

초록

영어

Organizations face unprecedented challenges in today’s volatile global landscape, demanding a new Enterprise Risk Management (ERM) approach. While the COSO framework has been valuable, it may not fully address the complexities of today’s risk landscape, particularly concerning geopolitical power dynamics. This paper introduces the innovative Jupsang Leadership model to bridge this gap, drawing on Eastern and Western leadership theories. Validated by a survey of 890 managers in Asia, the Jupsang Leadership Orientation (JSLO) scale links COSO’s strategic, operational, reporting, and compliance aspects with Jupsang’s vision, relationship building, market awareness, vigilance, agility, and innovation facets. Jupsang Leadership offers a novel contingency model for ERM, promoting a self-adjusting mentality among employees for proactive risk handling. For top executives in both Western and Eastern contexts, JSLO provides a new lens for ERM leadership and sets the stage for further research, inspiring a new wave of exploration in this field.

목차

Abstract
1. Introduction
1.1 Crisis and Risk Management in Orgsanizations
1.2 Organization of the Paper
2. Literature Review of Leadership Theories in Risk Management
2.1 Introduction
2.2 Western Leadership Models and Risk Management
2.3 Eastern Leadership Models and Risk Management
2.4 Integrating Emerging Leadership Models with ERM and COSO Frameworks
2.5 JSLO-ERM Model: A Synergistic Framework
3. Research Methodology
4. Discussions
4.1 Agility Orientation in Managing Operational Risk
4.2 Vigilance in Managing Strategy Risk
4.3 Market Awareness Orientation in Managing Reporting Risk
4.4 Vision Relationship Orientation in Managing Compliance Risks
4.5 Innovation Orientation in Managing Overall Risk
5. Conclusion
5.1 Theoretical Contributions
5.2 Business Policy Implications
5.3 Educational and Training Impact
5.4 Future Research Directions
5.5 Limitations
References

저자정보

  • Bernard Lee Associate Professor, Saint Francis University, 2 Chui Ling Ln, Tseung Kwan O Hong Kong
  • Anthony S. C. Tsui Professor, EBS Paris: European Business School (Ecole Europeenne de Management)
  • Wai Ching Cheung Chief Risk Officer, Swire Pacific Limited
  • Oliver H. M. Yau Retired Chair Professor, City University of Hong Kong

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