Academy of Entrepreneurship Journal (Print ISSN: 1087-9595; Online ISSN: 1528-2686)

Abstract

Risk Management Role in Mitigating Covid 19 Impacts On Transferring Work Environment of Distance Working: An Applied Study On Commercial Organizations in Jordan

Author(s): Fawaz Ali AL Thawabieh

The current research sought to examine the influence of risk management in mitigating the transfer to distance working during COVID 19 pandemic. In order to achieve aim of research, variables of risk management in that field were chosen including (Operational Risks, ICT Risks, Fraud Risks, Staff Misconduct Risks and Legal and Regulatory Risks). A questionnaire was built and uploaded online and (132) individuals from commercial organizations responded to statements of questionnaire. SPSS was used to screen and analyze gathered primary data, and results indicated that risks management along with its approaches helped in managing and preserving a good performance of organizations during the COVID 19 spread and the need to move to distance work environment. Results also indicated that risk management and specifically legal risks were highly managed in order to make sure that no laws were broken during distance working and employees' rights were preserved to the maximum. Based on that, study recommended developing a special strategy that aids organizations in case of new pandemics, catastrophes and environmental disasters.

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