Risks And Rewards

 Read the material at the sites listed in the Week 4 Lessons

https://www.mindtools.com/pages/article/newTMC_07.htm
http://www.maxwideman.com/pmglossary/PMG_R05.htm#Risk%20and%20Contingency%20Management
Risk terms explained here: http://iveybusinessjournal.com/publication/the-role-of-leadership-in-managing-risk/
Complete a 2-4 page paper discussing the risks and rewards to your client as they relate to the management problem in the attached word docs.
 

Submission Instructions: Upload the paper to your Week 4 Assignment folder.

When reflecting on business risks for the identified solutions, here are some things to consider for your client: 

· ·      What changes of roles and responsibilities would be required with personnel changes?

· ·      What is the succession plan?

· ·      What new systems or skills will employees need to gain?  What is the financial cost?

· ·      What interdepartmental changes need to be made (manufacturing, sales, delivery, financial and IT)?

· ·      Would communication barriers increase or decrease?

· ·      How would the proposed solutions impact clients?  Would it increase their engagement level?

· ·      Would the changes impact the brand or reputation in the industry?

While these are not all-inclusive questions, they can provide guidance and clarity when developing the Risk Assessment.  Risk analysis should be completed for each proposed solution.

 

You can place an order similar to this with us. You are assured of an authentic custom paper delivered within the given deadline besides our 24/7 customer support all through.

 

[order_calculator]