Reference no: EM133428993
Use the template to design a plan for moving forward and overcoming organizational challenges. Be sure to address both immediate and long-term risks that may be encountered. The plan must address one of the following areas of risk:
Financial
Environmental
Personal
Technological
If financial, students must effectively identify a minimum of 4 pros and cons related to financial risk:
Consider issues related to the accuracy, compliance with current state and federal law, fiduciary responsibility, and managerial control.
If environmental, students must effectively identify a minimum of 4 pros and cons related to environmental risk:
Consider issues related to the political climate, social trends, competition, and global issues.
If personal, students must identify a minimum of 4 pros and cons related to personal risk:
Consider relationships and tangible and intangible investments you may be expending.
If technological, students must effectively identify a minimum of 3 pros and cons related to technological risk:
Consider issues such as security, access control, and data management.
Part 2:
Write a detailed list of possible outcomes and consequences for your chosen category of risk.
In a two to three-page document, discuss in detail how you would recover from setbacks related to this set of risks.
Identify and clearly outline a minimum of 5 consequences for each outcome.
Consequences should not be reiterations of outcomes, rather, they should illustrate the potential long-term effects of the outcomes.
Discussion should include:
The setback being addressed
How the setback or barrier can be overcome
Why the recommendation will enable forward progress
Make certain that both the list and the document are written in complete sentences and are free from spelling and grammatical errors.