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Risks and rewards related to a management problem solution
I need at least two pages excluding cover and reference. Requires at least two references. After handshake, I will provide my previous papers leading up to this one as reference since this paper is a follow on to them. Please do not restate the problem or solution; only what this paper is asking for. Please do not send handshake if you are not able to meet my deadline.
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.