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Essay Available:
Pages:
2 pages/β‰ˆ550 words
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Check Instructions
Style:
APA
Subject:
Management
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 8.64
Topic:

Strategic Plan for Both Employees and Stakeholders

Essay Instructions:

3. Executive Summary Project Phase I: Imagine your company is planning and strategizing for the future and that you have been asked by the executive team to brief them on the state of the risks and opportunities in the industry. Prepare a 2- to 3-page analysis of the Executive Summary by Ernst and
Young Business Pulse 2013, along with a review of the Modules 1-5, your textbook, and other research. Your analysis will help the top executives create a comprehensive strategic plan that includes risks and opportunities that could impact employees and other stakeholders. Make sure your paper clearly addresses the following questions:
• What are the top legal, safety, environmental, and financial risks and opportunities identified?
• What situations are influenced by society, culture, politics, health, safety and security? Connect to Federal and State laws when appropriate.
• In the global market, what are challenges businesses face when identifying risk for forecasting?
This assignment covers the following areas and objectives:
• Ethical and Legal Risks
• Potential Impact
• Trends
• Employment Laws Phase I Rubric
Requirements of Submission: Written components of your project must follow these formatting guidelines when applicable: double spacing, 12-point Times New
Roman font, one-inch margins, and APA format for all elements. Please include a reference page.

Essay Sample Content Preview:

A Research Paper on Strategical Risk Management:
Executive Summary Project Phase I
Student’s Name
Institutional Affiliation
Course Name and Number
Lecturer’s Name
Assignment Due Date
June 2021
Introduction
This paper focuses primarily on the strategic steps, plans, and methods that would help the company I am working to develop, improve and expand its horizons. In the subsequent paragraphs, I will discuss the various corporate factors, risks, and opportunities that could greatly help or be the cause of the company's failure. I will centralize the enumeration of strategic goals that will unite the staff and management towards full cooperation and success. At the end of this paper is a definite conclusion as to the pros and cons of the methods that have been and will be used for the company's welfare. Thus, this paper will create a strategic plan that could impact both employees and stakeholders.
Top Legal, Safety, Environmental, and Financial Risks and Opportunities
According to Ernst and Young (2013), some of the factors that could affect the company's success or failure are internal or external pressures. The financial risks include the fluctuation of pricing that most probably leads to competition in the business and price, resulting in cost-cutting methods to keep the company stable and continually earning profits. In addition, the currency in the market could be unstable at times and affects business operations. Another factor is the change in oil prices could also start a financial risk situation inside the company. Being aware and recognizing these risks will help us prepare for the worst to avoid bankruptcy.
Situations Influenced by Society, Culture, Politics, Health, Safety, Security and the Federal and State Laws Applicable
Kash, T. J., & Darling, J. R. (1998) reiterated that a crisis is an ...
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