Risk Management

Conclusion

As we mentioned, KPMG is facing major interior problems, these problems are delinquent to many
yards, such as imprecise risk duty indicating wishing of planning, lack of parley
and improper stopping point making. As stated, these problems are mainly a result of the absence of
organizational sort skills. Moreover, lack of motivation as well as poor people communication
among employees and weak decision making skills are in any case problems that affect the companys
outcome.
Organizations are facing risk oversight issues, as it depends on international and internal factors.
Culture is an external factor that plays a major role in impetuous risk management. Having a mutli-
cultural organization and not world able to control it and respect everyones traditions and ethics
volition definitely hurt an organization as nowadays well-nigh organizations are very diverse. This is
what is being considered as risk cultivation which is a huge part of risk management. So in order for
KPMG to protect itself from facing those issues, their employees have to understand the
reducing of risk management and relate them to their organization. Team guide oners and
supervisors heighten to be essential in firms to prevent employees from cultural differences which
could lead employees mistreating each other.




Lack of motivation leads to many downfall of firms, the reason being that unmotivated
employees do not work at their full potential which may lead to week decision making, thus
leading to low productivity. The second problem which in addition results in week decision making is
the lack of communication and feedback between employees, which leads to ineffectiveness and
inefficiency. Last but not least, lack of planning proves to be a major obstacle. The reason being
is the lack of understanding the vision, mission, which influences the goal of the company and secondly
analyzing the grocery store and the competition as well. Basically, the people making decisions must cope the...If you want to get a full essay, order it on our website: Orderessay



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