Risk Management Assessment in Business Organizations in the Kingdom of Saudi Arabia According to 2030vision a Study of Expert Opinions

Abstract

The study aimed to identify the risk management assessments of business organizations in the Kingdom of Saudi Arabia according to 2030 Vision through studying experts' opinions.Content analysis method and Delphi approach were used in this study.The sample consisted of 12 experts in business organizations in the Kingdom of Saudi Arabia. A questionnaire was developed to be used as an instrument for the study to collect information by preparing a standard list.The study concluded with a set of results according to which the least frequent factors, whose percentage is less than (25%), are prepared due to the limited impact of these factors on risk assessment. The results of the first round showed that there is a clear discrepancy in the approval or disapproval of the experts on the basic list of elements of risk assessment in business organizations. The results of the study showed that all the risk factors evaluated by the experts participating in the Delphi method obtained a percentage of more than (90%). The sub-elements, determining the size of risks, monitoring and evaluation were the most important elements of risk assessment factors in business organizations from the point of view of experts by (100%).