Identification of Business Management Risk Chain Based on ISM - MICMAC Model

The selection of risk factors influencing business management in enterprises and the analysis their hierarchical relationships are great theoretical value practical significance to sound operation steady development industry. In this study, 11 chain sorted out through literature expert interviews. distribution categories these analyzed based on Interpretative Structural Model (ISM) Matrix Impacts Cross-reference Multiplication Applied a Classification (MICMAC). results study show that can be divided into four tiers three types. direct with strong dependency Vision Goals, Operation, Company Culture, Internal Control, Performance Management. indirect Risk Awareness, Efficient Communication, Policy Orientation, Market Competition, Economic Environment, first two which have drive whole system, while last but relatively low dependency. deep factor is Industrial Technology. universality provide guiding ideas for improvement enterprises.