Overview In your role as a business development manager involved in preparing an exit strategy for the life science organization, you learned that employee

Overview

In your role as a business development manager involved in preparing an exit strategy for the life science organization, you learned that employee attrition is one of the key risks to the proposed acquisition. In Milestone Two, you analyzed the employee data to evaluate this attrition risk and suggest retention strategies to mitigate it. Later, as you began preparing for the exit, the organization faced another challenge—the possibility of the buyer withdrawing from the sale. To mitigate this risk, you searched and planned for alternative buyers.

Management now wants to be more cautious about such risks. To avoid more unforeseen challenges in the process, the vice president (VP) wants you to identify and assess other current or potential risks the organization may face due to the proposed acquisition and recommend strategies to mitigate them.

In this assignment, you will perform a risk assessment using the fishbone method you learned about in this module.

Prompt

Write a report for the VP with risk assessment and mitigation recommendations for the organization in the scenario and its exit strategy.

Specifically, you must address the following rubric criteria:

  1. Risk Identification: Apply the fishbone method to analyze two other risks or problems the organization is facing. Your response should include the following: (a) Identify two risks or problems to be resolved and create a fishbone diagram for each. Refer to the fishbone diagram template for help. Insert a screenshot or copy your fishbone diagram to your report. (b) Identify one main cause and ancillary causes for each risk or problem
  2. Risk Evaluation: (a) Evaluate the probability and impact of each identified risk or problem as low, medium, or high. (b) Justify your evaluation of the impact and probability of each identified risk or problem. Provide rationale with supporting data.
  3. Risk Mitigation: Recommend one way to mitigate each identified risk or problem. Support your response.

What to Submit

Submit a 3- to 4-page Word document  using double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cited according to APA style. Consult the Shapiro Library APA Style Guide for more information on citations.

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Course Project Progress Monitoring: Return to MobileGo The MobileGo project is making progress implementing the new systems. However, the software upgrades

Course Project Progress Monitoring: Return to MobileGo The MobileGo project is making progress implementing the new systems. However, the software upgrades and the new software installation are not complete. The project sponsor has requested an update on the project. Using the MobileGo Earned Value scenario spreadsheet, as an example, you will

Research Paper: National Response Structure Overview:  Write a paper detailing the structure and dynamics of a national response.  Instructions:  •

Research Paper: National Response Structure Overview:  Write a paper detailing the structure and dynamics of a national response.  Instructions:  • Research and explain the structure and dynamics of a national response, to include local, state, tribal, territorial, and federal levels of government.  • Explain the significance of the National Response

Read the Stroz Friedberg case and use two HBR Notes to analyze Stroz Friedberg’s central challenge(s) Write a three page (maximum), single-spaced executive

Read the Stroz Friedberg case and use two HBR Notes to analyze Stroz Friedberg’s central challenge(s) Write a three page (maximum), single-spaced executive brief summary paper. You may use unlimited supporting appendices.  Building a strong suggestion set through executive summary brief writing is key to consulting success.  Below are keys/prompts to help

Read the Stroz Friedberg case and use two HBR Notes to analyze Stroz Friedberg’s central challenge(s) Write a three page (maximum), single-spaced executive

Read the Stroz Friedberg case and use two HBR Notes to analyze Stroz Friedberg’s central challenge(s) Write a three page (maximum), single-spaced executive brief summary paper. You may use unlimited supporting appendices.  Building a strong suggestion set through executive summary brief writing is key to consulting success.  Below are keys/prompts to help