Critical evaluation of the current strategy

Assignment Help Risk Management
Reference no: EM13982802

Topic: Health, Safety and Risk Strategic Management

Part One - Strategic Choice, Formulation and Implementation 3,150 words

For this part of the assessment, you are required to write a report to address the following:

• A brief introduction to the organisation to set the scene for the reader. This should be a maximum of 250 words.

• A critical evaluation of the current strategy used in an organisation with which you are familiar in managing health and safety, along with quality and environmental considerations. This should be referenced back to an academic model.

• A critical analysis of the business environment in which the company operates. You should use three tools for this, one of which must include a SWOT analysis plus one internal and one external analysis.

• A critical evaluation of the tools used for your business environmental analysis, explaining not only text book evaluations, but also their limitations in regard to your chosen organisation. This should also include a justification of your choice of tools.

• Using the information gleaned from the main points of your analysis, you should propose a future strategy for the management of Health and Safety. This should be aligned with the stated corporate strategy of the organisation. If you choose to recommend continuation of the current strategy, you may do so, but in ALL cases, you should provide the academic rationale for your proposed strategy.

• Highlight the corporate social responsibility and ethical implications of your chosen strategy.

Part Two - Business Continuity 1,350 words

For this part of the assessment, you are required to produce a business continuity plan for your chosen organisation, which considers all phases in the Business Continuity Planning process, including how it links to overall strategic management and resilience.

Coursework Aim

To allow students to identify factors which impact upon strategic choice, then formulate a strategy for managing Health and Safety resources which ties in with the organisation's business strategy. The report should also consider the ethical stance adopted by the organisation when managing Health and Safety.

To allow students to demonstrate a working knowledge of what the concepts and strategies behind strategic management are, why it's important from a business continuity and resilience point of view.

Reference no: EM13982802

Questions Cloud

Analyze how managers can increase employee performance : Use Ajzen's theory of planned behavior to analyze how managers can increase employee performance during a recession. Be sure to explain what managers can do to affect each aspect of the theory
How does the merchandising company account : Comment on the ethics exhibited by Amy and possible consequences of her actions. How does the merchandising company account for the suits that Amy returns?
When a firm has the opportunity to add a project : When a firm has the opportunity to add a project that will utilize excess factory capacity (that is currently not being used), which costs should be used to help determine if the added project should be undertaken?
Three types of competition that most firms encounter : Identify three types of competition that most firms encounter other than competition from other firms in their industry in their home country. (b) Is it good for the economy to have more competitive markets? Explain. (c) If government industry regula..
Critical evaluation of the current strategy : Identify factors which impact upon strategic choice, then formulate a strategy for managing Health and Safety resources which ties in with the organisation's business strategy.
Types of price discrimination affect monopoly profits : Imagine that it is the year 2199. Technology has progressed at an incredible pace. The latest discovery is the plutonium engine, which is capable of converting plutonium, a by-product of nuclear fission, Describe the economic outcome of this single-p..
The corresponding marginal costs at each plant : The corresponding marginal costs at each plant are MC1 = 8Q1 and MC2 = 4Q2. If the firm produces a total of 24 units of output, how much output should it produce at each plant?
Imagine a firm in monopolistic competition : Imagine a firm in monopolistic competition. A firm in monopolistic competition produces a product that you are familiar with, such as clothing and food. Use the cost and revenue curves for your market with monopolistic competition to determine price,..
Perfect competition has a total cost function : A firm in perfect competition has a Total Cost function of TC = 5Q^2 - 10Q + 20. If the current Price (P) = $5: What is the current quantity and profit? Will firms enter or leave the industry?

Reviews

Write a Review

Risk Management Questions & Answers

  A project report on mutual funds

This project report speaks of the core and future aspects of Mutual Funds and the present challenges to cope with.

  Evalaute the theoretical option price

Evalaute the theoretical option price

  Risk and return

Investing in the stock market and Risk-free investment and inflation

  Evaluate the gross profit

Evaluate the gross profit

  Discuss concepts of risk and management

Risk lies at all levels of business activity. There are many different kinds of risks within an management as well as ways to manage risks.

  Determine the average risk premium

Here are stock market & Treasury bill percentage (%) returns between 2006 and 2010: Determine the average risk premium

  Hypothetical healthcare organization ratios

Discuss and explain why one should apply caution when using financial ratios for analyzing a healthcare management's current financial position and future viability.

  Discuss role of risk assessment

The financial information has been dominated currently by stories of financial institutions that have mis-measured risk as part of subprime mortgage crisis.

  Calculate maturity risk premium

The real risk-free rate is 3 percent, & inflation is expected to be 3 percent for the next two years. A 2-year Treasury security yields 6.3 percent.

  Selcting best option for portfolio

Suppose you are planning investing in two stocks to form a portfolio. Assume you do not like risk. Which one of given stock combinations will you select for your portfolio?

  Result of systematic or unsystematic risk

It has been a little over one year since the collapse of Lehman Brothers which was the first major event in the downturn of our stock market & economy.

  Determine risk management

Determine risk management? Discuss the importance of risk management in an organization? How does risk management mitigation create value for an organization?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd