Organizational Risk Management

Risk Management

Introduction

Business Community Planning (BCP) which is known as the planning for the development of the business is very crucial for the internal and the external threats that are related to the organizations. In this case, the BCP is related to the one of the biggest company known as Apple.

The company is having strong market image and is currently one of the leading company in the cellular technologies. As discussed earlier, it is very important that the company understands and analyzes the related risk and the in order to maintain the competitive advantage and minimize the market threat. (Apple Inc, 2013, pp n.d)

Implementation

In order to implement the BCP, it is very important that the employees understand the concept behind the BCP. In order to apply the plan, it is very important that the training and development plans should get managed by the company so that the employees will get the proper understanding of the plan. Once the plan is properly delivered and understood by the employees, it will become clear to them that how the implementation can be managed and what are their roles and responsibilities under such circumstance. (Business Insurance, 2011, pp n.d)

The business community planning for Apple includes the analysis of the monitory cost. Other than this the labor cost and the equipment cost that will be when the contingency strategy is put into the action. The business community plan for Apple is very clear; the only issue is that it is very important that the communication is made clear between the employees and the management. This can be done through the effective quality maintenance of the process. In order to deliver the plan effectively it is very important that training and development take place time to time. RPO and RTO will be addressed ...