Risk Assessment for Organizations
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vanhausen_amberm_m3_a2.pptxLEADERSHIP STRATEGIES
Amber VanHausen
Argosy University
LEADERSHIP PHILOSOPHY
The leadership style to be employed is transformational leadership.
This style involves motivation of the employees to perform better and achieve more (Dolan, 2014, p.167).
It deals with convincing the employees that they are not mere employees but rather an integral part of the company and important to its development.
LEADERSHIP PHILOSOPHY
Transformational leadership is the best leadership style in such a scenario.
Expansion is a very engaging venture that needs the full participation of all the employees.
Transformational leadership will ensure full participation of the employees in the expansion process and make the process more effective (Jason, 2013, p.18).
INCORPORATION OF PORTER’S FIVE FORCES
The threat of new entrants is a factor which as to be dealt with.
This is due to the fact that the market is profitable and might attract more players into the market.
However, there are government barriers in china which might limit the entry of new players into the market
This reduces the risk of competition in the Chinese market.
INCORPORATION OF PORTER’S FIVE FORCES
There is a huge threat of substitutes especially in the Chinese market.
This stems from the fact that the Chinese manufacturers usually adapt to the manufacturing tactics of corporations and produce similar products.
This risk can be dealt with by ensuring that the products of the company are high quality and clearly better than any substitutes.
The price of the products also needs to be reasonable so as to compete effectively with the substitutes.
INCORPORATION OF PORTER’S FIVE FORCES
The bargaining power of the consumers is a determining factor of the level of profit which is likely to be realized in the Chinese market.
The bargaining power of the consumers can be reduced by ensuring consumer loyalty.
This means that there will be a program meant to ensure that the consumers are exclusively loyal to the products of the company.
This will reduce the bargaining power of the consumers exponentially.
INCORPORATION OF PORTER’S FVE FORCES
The profits of the company may also be affected by the bargaining power of the suppliers.
However, there is a large number of suppliers in the Chinese market.
This means that the company has a choice when it comes to selection of suppliers.
As such, the bargaining power of the company is high in comparison to that of the suppliers.
INCORPORATION OF PORTER’S FIVE FORCES
The level of competition in the Chinese market will be affected by the level of industry rivalry in the market.
The company must focus on innovation in order to maintain a competitive edge overall other rivals.
Marketing and the intensity of advertising is also very important when it comes to maintaining a competitive edge over rivals in the industry.
RISK ASSESMENT FOR ACQUISITION OF NEW TECHNOLOGY COMPANY
The first risk in the acquisition of the new technology company has to do with the logistics of the company.
There may be costs which are not anticipated in terms of incorporation of the business activities as well as the employees of the company.
There needs to be a forensic audit of the technology company before the acquisition process in order to mitigate such risks.
RISK ASSESMENT FOR ACQUISITION OF NEW TECHNOLOGY COMPANY
There is a risk that the return on investment might not meet the expectations of the company.
Return on investment has to do with the level of profit that will be generated by the new technology company once it is acquired.
This risk can be reduced by analyzing the current performance of the technology company in question.
RISK ASSESMENT FOR ACQUISITION OF NEW TECHNOLOGY COMPANY
There is the risk that the working capital at the acquired company might be higher than projected.
This might bring about unforeseen expenses and losses for the company.
This risk can be reduced by ensuring that the company to be acquired is thoroughly understood prior to the process.
RISK ASSESMENT FOR ACQUISITION OF NEW TECHNOLOGY COMPANY
There exists uncertainties relating to the level of success of the company to be acquired.
There is also an uncertainty of the ability of the company to maintain a new product line.
Thus is a logistical risk and might lead the company to making huge losses through the acquisition process.
INTERNAL STRUCTURES DESIGNED TO ENHANCE CULTURE
The first structure is the employee base.
The employees will be trained on the Chinese culture and how to better deal with the Chinese employees.
The employees will also be trained on aspects of cultural sensitivity and this will help them o fit into the new environment in a more formidable way.
INTERNAL STRUCTURES DESIGNED TO ENHANCE CULTURE
The second structure is the human resource department.
This is the department charged with dealing with aspects such as employee relations and cultural sensitivity.
This department will be under strict instructions to ensure that cultural sensitivity is observed in the work place.
INTERNAL STRUCTURES DESIGNED TO ENHANCE CULTURE
The third structure is the administration.
The fact that the new branch will be opened in china prompts the need to have Chinese officials a among the high ranking officials in the new branch.
This is meant to paint a picture of a company which has faith in the level of competence of the Chinese executives.
It will also serve to show the degree to which there is zero prejudice in the company.
COMPETITIVE ADVANTAGE OVER THE NEXT 10-15 YEARS
Projected global trends will affect the ability of the company to maintain a competitive advantage.
It is projected that the number of companies in the field will increase over the next decade.
This means that competition will increase.
However, there are certain barriers to entry which will limit the number of companies successfully entering the market.
As such, the company can maintain quite a competitive edge over the next decade based on the marketing strategies employed.
REFERENCES
Dolan, J. P. (2014). Leadership strategies. Dubuque, IA: Kendall/Hunt Pub.
Jason, M. H. (2013). Evaluating programs to increase student achievement: Leadership strategies. Glenview, IL: SkyLight Professional Development.
