In separate document to accompany the action plan, you are required to develop a short

report that includes:

• Discuss the importance of continuous improvement and sustainability as an essential element of business and competition.
• Include a risk assessment for each initiative, identifying the possible risks and how they can be managed. Identify two risks for each initiative and at least two risk management strategies for each.
• Document a cost-benefit analysis for each initiative making assumptions in your analysis including assumed cost and benefits.
• Document the impact of the change and the consequences for staff for each initiative
• Document a brief contingency plan in the event of failure of the initiative