Question: This Risk action plan Each of the risks identified above should be included in the table below and actions shown. The table should be copied

This Risk action plan Each of the risks identified above should be included in the table below and actions shown. The table should be copied and pasted for each risk. I completed two risk action plans, but I am not sure how to fill out Timing and Reporting/monitoring. Please help me to fill out them, thanks!

Description of risk

Lack of experienced sales representatives for new branch outlets

Summary of recommended response and impact The company is going to open new branch outlets in Sydney, Adelaide and Melbourne which means the stores need some experienced sales representatives. Finding experienced sales representatives is not particularly easy. It is necessary to pay special attention when screening personnel and the training of employees is indispensable. Inexperienced employees impact sales performance and customer experience.
Proposed actions
  • Screening employees. When recruiting, clearly stating the purpose of the role, key selection criteria, and mandatory qualifications.

  • Providing staff with product knowledge training not only when they first started but also during the period of the work.
Resource requirements

Time of human resource teams

Computer, Internet

Online courses and seminars

Responsibilities
  • Human resource team members developing a description of the position including key responsibilities, key selection criteria and desirable skills and attributes. Then advertising it. Following the receipt of applications, HR and the responsible manager will develop a shortlist of applicants based on the applications provided and their suitability to the role. Interviews for shortlisted candidates will be completed by Human Resources and responsible managers. Following the interview, HR and the responsible manager will agree on the selected applicant and referee checks will occur using the Reference Check form. This method can help the company recruit experienced and qualified employees.
  • HR and the responsible manager will organize courses and seminars for employees to learn and upgrade knowledge of products.
Timing ?????
Reporting/Monitoring

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Description of risk Unstable workforce (High staff turnover)
Summary of recommended response and impact

Reduce the likelihood of occurrence

Due to fierce competition in beauty industry, many companies are eager for talents. If the company does not have incentive policies,it will result in high staffturnoverand affect the development of the company.

Proposed actions
  • Paying attention to the physical and mental health of employees
  • Launching employee benefits and organizing team activities regularly.
  • Introducing incentive policies to motivate employees.
Resource requirements

Times of HR teams and responsible manager

Computer and Internet

Telephone

Responsibilities

HR team members call or email employees to care about the physical and mental health of employees.

The HR evaluates employees'performance and develops incentive policies to encourage and retain employees.

Timing ?????
Reporting/Monitoring

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