Risk Management - Critical Analysis Research Paper

Risk Management - Critical Analysis - Research Paper Example In addition, I also focused my analysis 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 internal 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 restore 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 well as poor wage packages in our company for a long period of time, but the top management did not take any actions. The situation 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 never augured well with the employee who decided to join hand to benefit from a collective bargaining but all their grievances fell on deaf ears. Several peaceful boycotts followed putting the company operations at a risk. Production declined to a greater degree, and the 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 an d thus it became very difficult to counteract the scenario proactively before 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 customers withdrawal with the greater possibility of the company collapse. I will,