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Risk management within an industry in the decline: A comparative case study on the Swedish newspaper industry
Jönköping University, Jönköping International Business School.
2017 (English)Independent thesis Advanced level (degree of Master (One Year)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

In a time when consumer behaviours are changing rapidly, many wonder about the future for the newspaper industry, where this research aims to fill the gap within the field of management regarding risk management in industries in decline. Specifically, the purpose of this study is to examine how an industry in decline manages systemic risks and conducts their risk management using the newspaper industry in Sweden as an example of an industry in decline.

In order to gain an understanding of the two research questions; How does the Swedish newspaper industry manage systemic risks? and; How does the Swedish newspaper industry conduct risk management? a comparative case study was conducted, were five firms within the industry attended.

Specifically the answer to the first research question was that the Swedish newspaper industry manages systemic risks through a more involved decision making process, scenario planning, as well as through involving a majority of the employees in the risk management process. Where the involvement of all employees in the risk management process has not been mentioned in previous research.

Regarding the second research question, the Swedish newspaper industry tends to manage their risks through the strategy of cost-reduction and differentiation, but there is also evidence supporting a new type of risk management strategy, namely a passive strategy. Where an organisation can save resources and minimize their risks by remaining passive until other firms have generated a dominant design as well as a viable and sustainable business model. To then enter the market using a similar approach or strategy. Furthermore they also tend to involve a majority of the employees in the risk management process to deal with such risks.

Place, publisher, year, edition, pages
2017. , 84 p.
Keyword [en]
Risk management, systemic risks, newspaper industry, digitalization
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-35748ISRN: JU-IHH-FÖA-2-20170354OAI: oai:DiVA.org:hj-35748DiVA: diva2:1104960
Subject / course
IHH, Business Administration
Supervisors
Examiners
Available from: 2017-06-15 Created: 2017-06-02 Last updated: 2017-06-15Bibliographically approved

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf