Mr. White is an entrepreneur in the field of information technology. For the last ten years Mr.
Question:
Mr. White is an entrepreneur in the field of information technology. For the last ten years Mr. White has owned ABC Corp, which is engaged in the manufacture of microchips. Recently, in a pandemic situation and increasingly fierce competition, ABC Corp has experienced great economic pressure. Some of the problems that Mr. White lists are:
a. Sales continued to decline from Rp. 35,500,000,000 in 2019 to Rp. 25,800,000,000 in 2020 and decreased to Rp. 19,400,000,000 until October 2021.
b. Many employees have complained about the problem of declining salaries during the pandemic and also complained about inadequate work facilities. Employees who complain are not only low-level employees but also employees at the managerial level and above.
c. Not a few employees eventually move to competing companies.
d. Mr. White also observed that it was not easy to recruit employees to find employees needed by the company during this pandemic
e. The number of new products that are competitors against ABC Corp products and the company is not ready for the emergence of these new products
f. In the last few years, ABC Corp has employed expatriates whose expertise is needed by the company. The existence of these expatriates has created new problems for ABC Corp in the form of protests from domestic employees who feel that the provision of compensation is unfair compared to expatriates. Two months ago there was a tense demonstration in front of the head office.
g. Miscommunication often occurs between domestic employees and expatriate employees, especially in terms of language and culture which causes friction between them.
h. Mr. White also noticed that employee performance also declined with many employees skipping work and motivation that did not match the company's expectations.
i. Overall, Mr. White saw that the working atmosphere was not conducive at ABC Corp. Question: You were asked for help by Mr. White to see the problems experienced by ABC Corp and provide suggestions so that the company can return to survive as before.
Hints: a. Create a ABC Corp Risk Register which consists of:
• Events
• Causes
• Consequences
• Likelihood
• Severity
• Risk Level
• Mitigation
b. Make a Risk Assessment of ABC Corp's problems in the form of questions, scores, and reasons and don't forget the final score to determine whether ABC Corp is included in low risk, moderate risk or high risk. You can adjust the questions to the problems from ABC Corp.