Threat, risk, and issues assessment with regard to BMW Motorrad Australia


Essay, 2010

12 Pages, Grade: 1,3

Anonymous


Excerpt

Table of Contents

1 Issues assessment
1.1 Theory – Threat, risk, issues assessment
1.2 Commentary on the assessment
1.3 Recommendations in terms of theory

References

Appendix 1

Appendix 2

1 Issues assessment

This assignment deals with threat, risk, and issues assessment with regard to BMW Motorrad Australia. First, relevant theory will be provided. Furthermore, a risk assessment grid for BMW Motorrad Australia will be constructed. The second part analyses the risk assessment grid and comments on it. The last part provides some recommendations for BMW Motorrad Australia in terms of theory.

1.1 Theory – Threat, risk, issues assessment

According to Turner and Gelles (2003, p. 1), “threat assessment in organizational settings represents a unique set of challenges that require the merging of elements from behavioural sciences, labour law, law enforcement, and human resources”. They explain that threat assessment focuses on a range of behaviours and actions that may result in pressure and threats for a company. Furthermore, the authors maintain that each organisation needs individuals to be able to comprehend the procedure of threat assessment, in order “to move away from the prediction of danger or the imminence of violence toward the identification and management of risk” (Turner & Gelles, 2003, p. 3).

Because of the uncertainty of many projects, a risk assessment is required, which should provide several opportunities and enable managers to “compare, rank, and portfolio-manage the options” (Koller, 2005, p. 13). According to Health and Safety Executive (HSE, 2006, p. 1), “risk assessment is simply a careful examination of what, in your work, could cause harm to people, so that you can weigh up whether you have taken enough precautions or should do more to prevent harm”. This definition implicates that risk management identifies risks and reduces preventable risks. HSE argues that risk assessment is important as stakeholders have the right to be guarded against damage resulting from irresponsible means of control. Therefore, “you are legally required to assess the risks in your workplace so that you put in place a plan to control the risks” (HSE, 2006, p. 1). Risk assessment consists of five important steps, which are illustrated in Figure 1.1 which has been constructed according to the theory provided by HSE:

Figure 1.1 Five steps of risk assessment

illustration not visible in this excerpt

First, managers need to discover the hazards, which is anything that may lead to damage. Secondly, it must be determined who might be harmed and how they might be harmed. During the third step, the risks need to be evaluated and ranked and managers need to take preventive measures in order to minimize the chance that somebody might be harmed through the identified hazards. Next, the findings must be recorded and the managers must take action. Finally, the assessment and the preventive measures must be discussed and reviewed. If required, the assessment needs to be restructured and improved (HSE, 2006, p. 2).

According to Regester and Larkin (2008, Chapter 2), “how issues are handled can mean the difference between a crisis out of control and a proactive solution – between profit and loss”. Regester and Larkin (2008) argue that most issues can be anticipated and can be handled effectively by well-prepared management. According to them, issues management deals with the identification of potential developments, trends, or events which may influence an organisation.

Figure 1.2 provides an issues assessment grid for BMW Motorrad. This assessment grid identifies some potential issues that may influence BMW Motorrad Australia.

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Excerpt out of 12 pages

Details

Title
Threat, risk, and issues assessment with regard to BMW Motorrad Australia
College
Griffith University
Grade
1,3
Year
2010
Pages
12
Catalog Number
V151647
ISBN (eBook)
9783640636693
ISBN (Book)
9783640636969
File size
956 KB
Language
English
Notes
Die Arbeit liefert viel Theorie und untermauert diese am Beispiel des Unternehmens BMW.
Tags
Threat, Motorrad, Australia
Quote paper
Anonymous, 2010, Threat, risk, and issues assessment with regard to BMW Motorrad Australia, Munich, GRIN Verlag, https://www.grin.com/document/151647

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