ECONOMIC- since lots of retirees are coming to this suburb which is boosting the cafe industry and tourism around the city which brings good source of income for the small business.
SOCIAL- cafe are nice place to get together and hangout with new wifi coming up it will help people to stay connected. retirees enjoy this location.
TECHNOLOGICAL- new broadband network is coming soon to the area. free wifi will keep people connected and customer can enjoy fast streaming.
Innovative frozen bar bake cooking system will also be implemented
SWOT
Strength- Qualified, skilled and innovative chef, good location, easy access to public transport, attractive menu.
Weakness- family staff member, wastage, carelessness, no written policy and procedure, no …show more content…
Email to the stake holder to , stakeholders Coffeeville cafe sub: Invitation for identification of additional risks
Respected, members hi I am new store manager for the lake entrance location of Coffeeville cafe i have found some risks related to the productivity and effectiveness of the business which i am mentioning below please feel free to come on next Sunday to discuss and identify more risks, it will help us to provide a better service and grow our business accordingly.
RISK 'S found:
1. Lack of internal controls, particularly over cash handling, monitoring and recording.
2. Failure to meet compliance standards in WHS, privacy and industrial relations law.
3. lack of written policies and procedure to guide staff in carrying out their duties.
4. Lack of a professional business culture in the family run business.
5. Failure of the business to monitor the external environment and find opportunities and threats to the business.
6.Banking risk
7. Manager 's travel risk
8. By law compliance risk- reputation/ brand loss and fines
9. loss of brand recognition risk i will be awaiting for your response please feel free to call for more information.
thank …show more content…
Change assistant manager training times to the morning. 0 Write new policy and procedures for water use in Toowoomba. install a water-usage graph in the staff room. Give the manager an excuse letter allowing them to leave any meeting at no later than 3.00 pm every day. Replace the dishwasher with one that has a 5-6 star (WELS) rating.
Have Goldsmith Partners apply for time to ’make good’.
COFFEEVILLE RISK MANAGEMENT PROCESS:
1. Establish the context: Define and identify the environment, characteristics and stakeholders, their goals and objectives, and the scope of the specific risk management process. Develop criteria against which risks are evaluated and identify the structure for risk management.
2. identify and describe risks: Risks are best identified through a collaborative approach involving a cross-section of stakeholders.
All conceivable risks must be considered. Ensure any certainties are identified as problems and addressed in the risk management profile.
3. Conduct current risk analysis: An analysis of the risks is conducted to determine their causes, and estimate their probability and consequences. This analysis provides the basis for working on the ’right’ risks.
4. Conduct risk
SOCIAL- cafe are nice place to get together and hangout with new wifi coming up it will help people to stay connected. retirees enjoy this location.
TECHNOLOGICAL- new broadband network is coming soon to the area. free wifi will keep people connected and customer can enjoy fast streaming.
Innovative frozen bar bake cooking system will also be implemented
SWOT
Strength- Qualified, skilled and innovative chef, good location, easy access to public transport, attractive menu.
Weakness- family staff member, wastage, carelessness, no written policy and procedure, no …show more content…
Email to the stake holder to , stakeholders Coffeeville cafe sub: Invitation for identification of additional risks
Respected, members hi I am new store manager for the lake entrance location of Coffeeville cafe i have found some risks related to the productivity and effectiveness of the business which i am mentioning below please feel free to come on next Sunday to discuss and identify more risks, it will help us to provide a better service and grow our business accordingly.
RISK 'S found:
1. Lack of internal controls, particularly over cash handling, monitoring and recording.
2. Failure to meet compliance standards in WHS, privacy and industrial relations law.
3. lack of written policies and procedure to guide staff in carrying out their duties.
4. Lack of a professional business culture in the family run business.
5. Failure of the business to monitor the external environment and find opportunities and threats to the business.
6.Banking risk
7. Manager 's travel risk
8. By law compliance risk- reputation/ brand loss and fines
9. loss of brand recognition risk i will be awaiting for your response please feel free to call for more information.
thank …show more content…
Change assistant manager training times to the morning. 0 Write new policy and procedures for water use in Toowoomba. install a water-usage graph in the staff room. Give the manager an excuse letter allowing them to leave any meeting at no later than 3.00 pm every day. Replace the dishwasher with one that has a 5-6 star (WELS) rating.
Have Goldsmith Partners apply for time to ’make good’.
COFFEEVILLE RISK MANAGEMENT PROCESS:
1. Establish the context: Define and identify the environment, characteristics and stakeholders, their goals and objectives, and the scope of the specific risk management process. Develop criteria against which risks are evaluated and identify the structure for risk management.
2. identify and describe risks: Risks are best identified through a collaborative approach involving a cross-section of stakeholders.
All conceivable risks must be considered. Ensure any certainties are identified as problems and addressed in the risk management profile.
3. Conduct current risk analysis: An analysis of the risks is conducted to determine their causes, and estimate their probability and consequences. This analysis provides the basis for working on the ’right’ risks.
4. Conduct risk