A Risks Analysis Essay Example | Topics and Well Written Essays - 500 words

A Risks Analysis - Essay Example Raise the prices by 20% capital costs is significant due to purchase of machinery and losses in production opportunity time due to installation of the system, training of personnel and repairs in the working environment. In effect, payback period may be unsustainable. fluctuations in interest rates of the lending institution can affect business profitability; transportation costs and custom duties may result to higher sales price; competition with local products afforded with tax incentives and "patronize local products" edge can be unsustainable Option #5: Set up a joint venture with an overseas car manufacturer. An engine manufacturer in an unstable country in Southeast Asia has expressed interest in a joint venture to build all the engines for Suprema Cars. If they do this, Suprema would have to send out a team of engineers to the country to supervise production in the early stages. Transportation costs and custom duties may be too high; fluctuations in exchange rates are high in an unstable country; high Occupational Safety concerns for engineers sent to the country for supervision; quality of engines can be compromised significant capital investment for research and development; lost production opportunity time due to new system of production and training of personnel; competition with other cars with the same qualities maybe unsustainable From the details of the benefi

Organizational Development Consulting Skills Assignment

Organizational Development Consulting Skills - Assignment Example On the contrary, change management is responding to changes that take place suddenly and they need to be incorporated into organization’s business. OD professionals are commonly referred to as consultants as they are the change managers who are either hired externally or internally to help an organization which is their client in achieving its goals. In most of the cases, OD practitioners act as a catalyst to bridge the gap that exists between what the organizations are presently doing and what it wants to achieve in the long-run. OD practitioners have to work in collaboration with organization’s management team so that they can successfully implement the plan designed for bringing changes in the organization (McLean, 2009; Schein, 2009). OD practitioners have to develop their consulting skills so that they can direct team members in achieving desired goals; they have to work in collaboration because their main aim is to help their clients in bringing effective changes in the organizations. OD consultants need to provide guidance to their clients by designing consultation process and ensure that they own complete process so that they can manage it independently and monitor the outcomes desired; they work at all levels in the organizational hierarchy (Scott, 2008). OD consultants working approach is entirely dependent on Action Research Model (ARM) that has been developed to guide practitioners in providing their clients best solutions for improving organization’s effectiveness. A brief representation of the model is shown in the following figure to give a snapshot of its important steps: From the figure, it is evident that the complete team that is involved in OD implementation should be taken on board.