Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Write a 175-word paragraph describing what specific tasks would be required to implement the strategy below. Include time and cost estimates for each strategy. Rank
Write a 175-word paragraph describing what specific tasks would be required to implement the strategy below. Include time and cost estimates for each strategy.
Rank Risk Description Category Root Potential Risk Owne Probability Impact Status Key members leaving the company 1 There is no proper cooperation Triggers The company processes and goals are competing across individual departments The associates lack trust in each other HR 9 9 Ongoing Very High HR team 2 Team members that do not Users being uncooperative have the proper experience Training or training No time available to unregulated workload attend training stretches the worktime 00 7 Ongoing Business Process team High 3 Team members not providing good status information New client The organisation culture shifts towards People don't realize the Production reactive need for giving updates communication 7 7 Ongoing High Project org. 4 4 Quality Assurance Urgency and competition Production Employees skip production Employees are rushed through production 6 8 Yet to start Warranty team High 5 Time management The company culture People don't treat don't actively encourage There is no proper analysis Marketing punctuality as priority the effective time management. 5 5 Yet to start New product developme nt team Medium 6 Risks There is no clear visual to analyze The information Marketing system is not organised well Nobody have raised this as a requirement earlier 5 2 Yet to start Marketing team Low Rank Risk Description Category Root Potential Risk Owne Probability Impact Status Key members leaving the company 1 There is no proper cooperation Triggers The company processes and goals are competing across individual departments The associates lack trust in each other HR 9 9 Ongoing Very High HR team 2 Team members that do not Users being uncooperative have the proper experience Training or training No time available to unregulated workload attend training stretches the worktime 00 7 Ongoing Business Process team High 3 Team members not providing good status information New client The organisation culture shifts towards People don't realize the Production reactive need for giving updates communication 7 7 Ongoing High Project org. 4 4 Quality Assurance Urgency and competition Production Employees skip production Employees are rushed through production 6 8 Yet to start Warranty team High 5 Time management The company culture People don't treat don't actively encourage There is no proper analysis Marketing punctuality as priority the effective time management. 5 5 Yet to start New product developme nt team Medium 6 Risks There is no clear visual to analyze The information Marketing system is not organised well Nobody have raised this as a requirement earlier 5 2 Yet to start Marketing team LowStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started