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A Study on ERM Concept Application - Focused on K-water's ERM System Establishment -

  • Crisisonomy
  • Abbr : KRCEM
  • 2009, 5(1), pp.85-101
  • Publisher : Crisis and Emergency Management: Theory and Praxis
  • Research Area : Social Science > Public Policy > Public Policy in general

이용재 1 김세종 1

1한국수자원공사

Candidate

ABSTRACT

This study was started after the administration office of the National Security Council of South Korea made a guide of crisis management for public agencies and following the increase of the importance of crisis management because of recent global economic crisis. The goal of this study is to present a preceding model for crisis management of SOC key infrastructures to help public enterprises by inquiring into the cases of establishment of ERM system and its integrated processes in K-water, which has been contributing to promote the highest ideas of human dignity, value and pursuit of happiness prescribed in the Constitution(Article 10) by upgrading the controling methods of wind, flood and drought to the level of those of developed countries and supplying clean water. To achieve this goal, in terms of the protection of human dignity and value prescribed as the country's duty in Clause 5, Art. 34 of the Constitution, we considered the necessity of ERM and its implications, examined the procedures and contents of each step of ERM processes, and studied the actual cases of the establishment and operation of K-water ERM system. We can summarize the key points as follows. ①ERM system is composed of infrastructures(systems, organizations and manuals) and processes for risk and crisis management. ②Risk management is divided into normal risk management and crisis management in emergency. Risk is an idea which includes both danger and crisis, and crisis means a realized risk. Take a cold for example. Risk is the state where viruses are dormant and crisis is the state where cold viruses have attacked. ③Risk management process is a preventive process and consists of four steps(Recognition - Evaluation - Response - Monitoring and reporting). ④Crisis management process is a post process which responds to and recovers the crisis promptly and efficiently, and is composed of four steps(Capturing crisis signs-Analysis of crisis-Responding to crisis-Post management). In terms of boosting the efficiency of crisis management, to select pending problems of an enterprise as innovative projects and manage risks focusing on problem-solving, while paying attention to the fact that a greater crisis happens from the lack of systematic preparedness due to underestimating the chance of risk rather than from the realization of an entirely unknown danger, and that ERM is a navigator to realize business strategies, will result in practical achievements.

Citation status

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