What is a risk and identification process is all about

Assignment Help Other Subject

Reference no: EM133283782

Question - You are employed as a risk manager for RTH Consulting. Upon your arrival, Dr Kidwell Mahlangu, the CEO has requested you to report on the possible reasons why there are continuous conflicts amongst the employees in the company. Your observation from the time of your arrival in the company was the serious gaps in their communication strategies and the management thereof. You also observed that the conflicts have arisen to the level where they are actually exposing the company to various financial risks. The report to Dr Mahlangu is to be presented in the next Exco to be held in three days. To complete this report, you are required to provide a clear communication management plan and expound on the various financial risks that the company has been exposed to due to continuous conflicts amongst employees. Discuss all key concepts relating to the communication management plan, risk etc. and assist them with an effective risk management process for the company.

Your reports must consist of a table of contents, definition of key concepts, communication management plan, and the risk management process. This must be structured in a manner where Exco may understand.

Question - Use the diagram to determine and discuss the risks in line with your assessment of the organisation.

Guidelines to answering question

Look at each element of the communication management plan and identify the risks associated with those elements.

What is a risk and identification process is all about.

Explain the risk management process which we have to follow right planning, identification, analysis etc.

For risk assessment, prepare a risk register that shows the risks, the cause, the impact of these risks, what category they belong to.

Discuss each of the risk in terms of what you found (describe the risk, cause of the risk and impact of risk).

Reference no: EM133283782

Questions Cloud

How were jefferson race relations theories accepted by peers : How were Jefferson's race relations theories accepted by his peers? Particularly Benjamin Franklin and William Pinckney.

What ocean personality traits, intelligence components : SMGT 633 Liberty University what OCEAN personality traits, intelligence components, or EQ components do you think would help professional sports players

What are arguments on african american mental capacity : What are Jefferson's arguments on African American mental capacity? How did Jefferson use science to help validate his race relation theories?

What is the meaning of organizational culture : MGT 489 North South University What is the meaning of organizational culture and how organizational culture develops during the course of social integration

What is a risk and identification process is all about : What is a risk and identification process is all about. Explain the risk management process which we have to follow right planning, identification, analysis etc

Analyze the current e-recruitment activities adopted : PERS 1607 Niagara College analyze the current e-recruitment activities adopted by the organization. Find out the impact of e-recruitment on the organization

Why are the salem witch trails considered a cautionary tale : Why are the Salem Witch Trails considered a cautionary tale? Specify the answer given in the video followed by your original response.

Discuss and define the two terms standards and norms : Discuss and define the two terms "STANDARDS" and "NORMS". Provide examples for each to illustrate your discussion premise

Describe the type of digital ads that have influenced : BUS 109 Diablo Valley College Describe the type of digital ads that have influenced your buying? What steps can consumers take online to protect their privacy

User Account

All Pages