Thursday, June 20, 2019
Risk Management - Critical Analysis Research Paper
Risk Management - Critical Analysis - Research Paper ExampleIn addition, I also focused my analytic thinking on how the history of the scenario contributed to the current state of affairs. I made a conclusion that top managers must be change-oriented to serve the interest of the company, external and native customers. I also recommended that firm must ensure that change-resisting managers are dismissed to realize the company objective.In this paper, I will showcase how I managed to repossess normality based on the risk of employee mass dismissal that led to strike within my workplace. The employee had been complaining about poor working conditions, as rise as poor wage packages in our company for a long period of time, but the top management did not take any actions. The web site became worse with time as the manager was rigid and resisted change at all levels. The commandeering style of leadership that he portrayed at the workplace neer augured well with the employee who decid ed to join hand to benefit from a collective bargaining but all their grievances fell on deaf ears. Several imperturbable boycotts fol junior-gradeed putting the company operations at a risk. Production declined to a greater degree, and the gross sales volume reduced to a worsening condition with lower employee productivity due to dissatisfaction. The top management ignored the pieces of advice that arose from the emergency and risk department to which I led and thus it became very difficult to counteract the scenario proactively out front it gets out of hands. I tried on several occasions to talk to the executives about the impending risk attached to the employees job dissatisfaction ranging from the threats of shuttering the brand image, low sales and even the collapse of the company. However, the executive would never buy any of my ideas as they have more positional power and authority of my position. The results were the company worsened reputation, low sales, massive loyal c ustomers withdrawal with the greater possibility of the company collapse. I will,
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