"Assessing the impact of risk management on organisational success" is a viable and relevant research topic. It addresses a critical area in organisational studies, especially given the increasing complexity and uncertainty faced by organisations today. Here are some insights to help you refine and approach this topic:

1. Key Variables to Consider:

- Independent Variables (Risk Management Practices): Risk identification processes; Risk assessment techniques; Risk mitigation strategies; Risk monitoring and control mechanisms; Organizational culture toward risk; Use of risk management frameworks (e.g., ISO 31000, COSO ERM),

- Dependent Variables (Organizational Success): Financial performance (profitability, ROI); Market share or growth; Innovation and adaptability; Stakeholder satisfaction; Employee morale and retention; Reputation and brand value,

- Moderating/Control Variables: Industry type; organisation size; organisational structure; external environment factors (economic, regulatory).

2. Accessing Key Literature:

Use academic databases such as Google Scholar, Scopus, Web of Science, and ProQuest. Search with keywords like "risk management impact", "organisational success", "risk strategies and performance", "enterprise risk management", etc. Review seminal works and recent journal articles in journals like Journal of Risk Research, Risk Analysis, Strategic Management Journal, and International Journal of Project Management. Check references in key articles to find foundational and recent studies. Explore industry reports from organisations like ISO, COSO, and professional risk management associations.

3. Identifying Gaps in the Literature:

Look for areas where empirical evidence is limited or inconsistent—e.g., specific industries, small and medium enterprises (SMEs), or emerging markets. Identify whether recent technological developments (e.g., AI, big data) have been incorporated into risk management research. Assess whether there is a lack of longitudinal studies showing causality or only correlational findings. Consider the contextual factors influencing risk management effectiveness that might be underexplored.

4. Additional Insights:

- Interdisciplinary Approach: Combining insights from risk management, strategic management, organisational behaviour, and finance can enrich your research.

- Methodology: Quantitative methods (surveys, statistical analysis) are common, but qualitative approaches (case studies, interviews) can provide depth.

- Practical Relevance: Linking your research to real-world organisational challenges enhances its impact and applicability.

In Summary:

Your topic is timely and relevant. Narrowing down to specific industries, types of organisations, or particular risk management practices may make your research more focused and manageable. Conducting a thorough literature review will help you identify specific gaps and tailor your research questions accordingly.

"Assessing the impact of risk management on organisational success" is very much relevant topic for the research given the situation where businesses want to be successful overnight.

Vladimir Milošev explained it very clearly here, start working on and narrow it down to one particular sector or region will help in developing a comparative insight too.

Christopher Chester

Everything related to risk is of interest to research, especially because it provides us with elements that serve as a basis for generating actions that allow us to identify the origin and impact of said risks. Risk analysis involves a comprehensive diagnosis of the entity, from which other situations of interest in understanding reality can arise.

This is a viable research area, but a difficult one. You need to find organisations which have carried out risk analyses which resulted in recommendations, and to first find out whether the recommendations were followed, and ideally whether these were effective. This obviously requires a very close relationship, preferably with more than one, and follow up over a number of years. This is possible if you are a company consultant, or possible in principle if you are employed as an insurance company loss prevention engineer or perhaps if you are an authority inspector.

Note that most formal risk analyses have very little in the way of loss prevention recommendations so the actual effect on safety is minimal (as I observed by carrying out third party reviews. I did manage to do this kind of research as a side effect of risk analysis and safety engineering for a large number of companies, but it took many years.

Thanks you all.