PLAN OF ACTION

Department Risk Profile Priority Process to Mitigation

Consider Strategy
Production High High  Harness the  Risk Control
Severity/ Probability of quality  Loss
Low decreasing control Reduction:
Frequency production team By supervising the
since the  Efficient control of the
quality and use of the equipment if it if
texture of the equipment efficiently use and
products were if the process has
affected due to been followed
cost cutting
Human High High Risk can  Proper and o Conduct
Resource Severity/ be controlled, efficient orientation
Low but severity of way in and training
Frequency loss is present equipment especially to
since the handling the
quality of the employees
finished goods that are
was negatively handling the
impaired due equipment.
to the
probability of o Hire
overworked employees
and stressed  Look for that are
employees. alternatives suitable
to layoffs and/or in line
with their
 Focus on work areas.
employee
work o Implement
efficiency transparent
ways to
track the
 Turn-over work
rate progress of
each
employee.

o Create a
team to ask
the
employees
feed-back
 regarding
their
situations as
well as any
suggestions
in handling
their
situations.

o Avoid
unnecessary
overtimes.

Marketing High High risk has  Creating a Risk Control

Severity/Low been identified team that Loss Reduction
Frequency since the could vivify
production of the By creating a team
the product is decreasing that could
affected, and demand of effectively
its standards the product. maneuver the
were current issue to
negatively  An effective possibly rebuild the
affected due to marketing trust of the
its reducing campaign customers to
market sharing to largely address the
placement. promote the decreasing trend of
product. sales.

 Promotional
activities
that could
potentially
cover up
the
currently
experience
d problem.
Finance Low Medium Risk  Implementi Segregation of
Severity/ has been ng Memos Exposure:
High identified and especially By using cash
frequency recognized in credits management
which can and procedures and
reduce the risk collections focus on credits
and collections in
order to control and
manage the
 financial stability of
the company

Administration High High Risk can  Compliance o Ensure

Severity/ be controlled, of all compliance
Low but severity of documentat with all
Frequency loss is present ions relevant
since an needed for standards of
improper the documentati
and/or lacking company. on.
of document
might have a o Provide
negative timely and
impact on the accurate of
company as a information
whole. needed to
aid the
operations
of the entire
department
in the
company.

o Owning the
updating of
reporting
media ( eg.
Notice
boards,
reports, etc.)

o Support the
ISO systems
interfaces
within the
manufacturi
ng.