Enterprise risk management in startups considering risk and success factors

Ardavan Yazdi¹ Arghavan Yazdi² Parvin Mohamadian³

1) Iran university of shahid beheshti
2) Iran university of islamic azad email:
3) iran university of shahid chamran email:

محل انتشار : دومین کنفرانس بین المللی مدیریت و علوم اجتماعی(2icmsconf.com)
Abstract :
Why does one team actually succeed in run a business, while a second team gives up? Business is a contact sport, and some of competitors will play rough. In this competition there is a crowded space and risky space but startups companies have another challenge because of innovative idea. So in this risky space managing risk is important for corporations specifically startups. The theory of corporate risk management argues risk and success factors. In the other words risk management help a business to grow key success factors and reduce key risk factors. Startups because of innovative idea and ambiguity about market have special risks and require special risk management to improve and develop their business. The Committee of Sponsoring Organizations of the Treadway Commission (COSO) is efficient model for enterprise risk management in startup company.
Keywords : Enterprise Risk Management, Startup, Coso Model, Risk Identification, Risk Mitigation.