Reference no: EM13845999
A risk management plan must be detailed to the point that every aspect of the crisis is considered.
Suppose you own a small convenience market, about the size of a 7-11 or a Circle K, or any other comparable franchise outlet that you might be more familiar with given your location in the country.
The child of a customer, left in a running vehicle, manages to shift the car into forward and it plows through the front of your store, sending debris and stock flying, and causing an indeterminate amount of damage to your facility.
Your final assignment for this course is to prepare a disaster assessment and recovery plan for resuming business.
You will want to include such information as:
Damage assessment; to the building, to people, to stock, to utilities
Identify critical actions; for example, does anyone need emergency medical care? What do you do about perishables like frozen foods (if you have lost power)?
Repairs and recovery; including time frames and levels of business as a percentage of normal operations
What might you change about the way you manage this business to reduce the impact of such an event in the future?
Explain the concept of performance management
: You have been asked to return to your alma mater and speak to current students about performance management issues. Explain the concept of performance management. Identify the most prominent types of performance management plans. Compare the plans im..
|
Strategic compensation is component-human resource system
: Strategic compensation is a component of the human resource system. Organizations must determine the importance of many factors when choosing compensation and benefits. Examine how organizations determine the relative importance of compensate factors..
|
Plan must be developed from theory to practice
: A plan must be developed from theory to practice. Assume you are starting a business. Describe the product or service provided, and the key considerations in a risk management plan for this business.
|
Appraising employee performance on regular basis
: Appraising employee performance on a regular basis has an important influence on an employee’s performance. Coaching is an ongoing task that gives employees instruction and suggestions. Promotion of employees is generally based on recognition of past..
|
Risk management plan
: A risk management plan must be detailed to the point that every aspect of the crisis is considered. Suppose you own a small convenience market, about the size of a 7-11 or a Circle K, or any other comparable franchise outlet that you might be more fa..
|
What stakeholder school of thought would you use
: Assume your community is trying to decide whether to build a new airport. Who are the stakeholders in such a decision? Who are shareholders? What differences do you see between the two groups of interested parties? What stakeholder school(s) of thoug..
|
Consider benefits and challenges linked with project team
: Consider the benefits and challenges linked with project teams as shown in Exhibit 1.8 of the text. Assess the team contributions and determine which you think provides the biggest benefit. Determine which team contribution you think is the biggest c..
|
Triple constraints
: Identify a project in which you have been involved. Describe how each of the triple constraint priorities was defined for that project. Assess their relative importance or emphasis.
|
Evaluate impact of one federal and one state-level policy
: The development of MCOs has been influenced by the type of market they serve. For example, BCBS companies moved from primarily a service plan provider to a multiproduct line that includes HMO, PPO, and consumer choice plans. Examine how public policy..
|