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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

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Letzte Änderung 24.02.2020