Practical Implications
This chapter on practical implications for SME risk management practices will first discuss which deficits appear in the risk management types developed in Chapter 6, and it proposes which measures must be taken if the companies are to continue to develop positively (Section 7.1). Recommendations are given on action which should be taken for a methodical improvement of risk management; these apply equally to all risk management types (Section 7.2). The chapter concludes by presenting details of the components of a holistic risk management framework (see Section 2.1) and comments on their organizational implementation, with an emphasis on project-oriented SMEs (Section 7.3).
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