# Computer-Suported Risk Identification for the Holistic Management of Risks

**Authors:** Jochen L. Leidner  
**arXiv:** [1510.08285](https://arxiv.org/abs/1510.08285)  
**Date:** 2015-10-28  
**Summary page:** https://www.summarizepaper.com/en/paper/1510.08285v1/

## Key points

- Risk is an inherent part of every business operation
- Lack of established best practices for systematic and repeatable risk identification
- Proposal by Jochen L. Leidner to introduce a comprehensive approach using technology
- Focus on leveraging technology to enhance risk identification accuracy and reliability
- Importance of adopting a holistic perspective in managing risks
- Integration of risk identification into the overall risk management framework
- Comprehensive understanding of organization's vulnerabilities through holistic approach
- Emphasis on computer-supported methods for risk identification
- Improved ability to analyze risks objectively and consistently
- Better-informed decision-making processes and reduced negative impacts with implementation of proposed methodology

## Summary

In the world of business, risk is an inherent part of every operation. Recognizing the lack of established best practices for systematic and repeatable risk identification - considered the crucial first step in any risk management process - Jochen L. Leidner presents a proposal in his paper titled "Computer-Supported Risk Identification for the Holistic Management of Risks" to introduce a more comprehensive approach. This methodology focuses on leveraging technology to enhance businesses' ability to identify risks in a systematic and repeatable manner, offering potential for greater accuracy and reliability when assessing risks. Leidner's research emphasizes the importance of adopting a holistic perspective when it comes to managing risks; rather than viewing risk identification as an isolated task, it should be integrated into the overall risk management framework. This ensures that all aspects of the business are considered when identifying potential risks, allowing for a more comprehensive understanding of the organization's vulnerabilities. Overall, Leidner's proposal provides valuable insights into improving risk management practices by emphasizing computer-supported methods for risk identification. By implementing this methodology, businesses can enhance their ability to analyze risks objectively and consistently, leading to better-informed decision-making processes and ultimately reducing potential negative impacts on their operations.
