Thai Small and Medium Businesses (SMEs): Risk Management Model That are Related to The Present Situation and The Link to The Future Based on The Sufficiency Economy Philosophy

Abstract

Articles “Thai Small and Medium Businesses (SMEs): Risk Management Model That are Related to The Present Situation and The Link to The Future Based on The Sufficiency Economy Philosophy” The objective is to study issues about Thai small and medium businesses (SMEs) Risk management model, that are related to the present situation, the link to the future Based on The Sufficiency Economy Philosophy Concluded that Models and principles of risk management based on the sufficiency economy philosophy. It consists of two basic principles: ORCA Principles (ORCA) And the factors that lead to the risk management practices to achieve is. Objectives, risks, internal control And Alignment And risk management models based on the sufficiency economy philosophy, consisting of First Models Risk management model supported by top management, the second model, the model for creating a unified understanding of risk. The third model is an ongoing risk management model. The fourth model change management model the fifth model, the quality communication model, is linked to the strategy. The sixth model: A model system for measuring risk management results in conjunction with personnel processes. Seven models Knowledge building training and framing of risk management responsibilities, And the eighth models monitoring the risk management process.