Instructions: Read  the material at the sites listed in the Week 4 Lessons folder to help  guide you assess the risks and rewards related to the solution(s) to the  management problem you are exploring. Complete a 2-4 page paper  discussing the risks and rewards to your client as they relate to the  management problem are exploring during this course.
Submission Instructions: Upload the paper to your Week 4 Assignment folder.

hen 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.

 

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