Purpose – The aim of the research is to measure the current risk management perceptions of industrialenterprises in order to guide them to create an effective risk management system in line withcontemporary risk management standards. Design/methodology/approach – The research data were collected through a survey from 30 largeindustrial enterprises operating in the province of Kütahya, contributing to the city economy in termsof employment numbers, closed area size, turnover and export volume. The data were analyzed withSPSS 21 statistical program. Findings – As a result of the research, it was seen that the personal attitudes of business managersagainst risks are in the form of a “risk-free” perspective. Addition to that, it has been concluded thatthere is a traditional understanding that businesses predominantly perceive and manage financial risks.The findings have proved that the modern risk management understanding is not perceived inindustrial enterprises and that the risk management has not reached a certain level of maturity yet. Discussion – It is an important issue for the effectiveness of the system to determine the perceptionsthey develop against risks before establishing a risk management system in contemporary standards.Without measuring the current risk and risk management perception in businesses, any riskmanagement system will create serious deficiencies at the beginning. In this sense, with the scaledeveloped in the study, it is expected that the managers of industrial enterprises will determine howthey perceive contemporary risks and contribute to their businesses in reviewing and developingexisting risk management systems.