Test Englisch

Action plan

Risk no. and name

1

Technological changes which could threaten existing business

Risk manager

Hans Mustermann, Technological Director

Risk category

¨ External

¨ Strategic

¨ Operative

¨ Financial

Risk description

Different technologies have come onto the market which could threaten the existing business model. There could be profound repercussions if competitors were to launch new products on the market more quickly than Musterfirma AG

Risk drivers /
Risk causes

·        Delays in the market launch of new products

·        Insufficient investment in R&D

·        Inappropriate strategy in the creation of the product portfolio

Risk strategy

 

¨ Acceptance

¨ Reduction

¨ Avoidance

¨ Transferral

·        Aggressive adaptation of strategies and measures in order to develop a top-selling portfolio

·        Market leadership in the development of substitute products and the creation of opportunities

Existing
measures

·        R&D budget increased by 250% during the last financial year

·        New appointment guidelines enforced in order to recruit competent development employees in the area of R&D

 

Measure

Person in charge

Milestones

Deadline

Status

1. Making prototypes ready for the market

Hans Muster

Prototype 1

Prototype 2

30.9.2009

31.12.2009

Open

Open

 

2. Acquisition of a substitute provider

Fritz Muster

Acquisition proposals

30.6.2009

started

3. Recruitment of two new employees in the R&D field

Anna Muster

Appointment of employee 1

Appointment of employee 2

30.6.2009

31.7.2009

Completed

Completed

Letzte Änderung 04.01.2018

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