Agnese Kauškale, Galina Robertsone

Proceedings of the 26th World Multi-Conference on Systemics, Cybernetics and Informatics: WMSCI 2022, Vol. II, pp. 92-97 (2022); https://doi.org/10.54808/WMSCI2022.02.92

Agnese Kauškale
Faculty of Engineering Economics and Management, Riga Technical University, Riga, Latvia

Galina Robertsone
Faculty of Engineering Economics and Management, Riga Technical University, Riga, Latvia

Cite this paper as:
Kauškale, A., Robertsone, G. (2022). The Improvement of Company Performance Based on Integrated Quality and Risk Management Approach. In N. Callaos, E. Gaile-Sarkane, S. Hashimoto, B. Sánchez (Eds.), Proceedings of the 26th World Multi-Conference on Systemics, Cybernetics and Informatics: WMSCI 2022, Vol. II, pp. 92-97. International Institute of Informatics and Cybernetics. https://doi.org/10.54808/WMSCI2022.02.92

Nowadays, Quality and Risk management plays an important role in ensuring the high quality of products following the established laws, requirements, or customer needs. Maintaining quality management in a company is essential both for maintaining process efficiency and product quality and reducing costs. The aim of this paper is to analyze how improving quality and risk management affects the overall performance of the selected company, also focusing on integration opportunities and improvement. The analysis is performed in a manufacturing company with more than 1,000 employees. Qualitative research methods are applied in the paper. Based on the theoretical research and analysis of the organization, the authors identify the main problems and propose possible improvement solutions.