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Project Report: Risk Management for Western Digital Corporation

   

Added on  2023-06-12

15 Pages3138 Words262 Views
Political Science
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Running Head: Risk Management
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Project Report: Risk Management
Project Report: Risk Management for Western Digital Corporation_1

Risk Management
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Executive summary:
The report explains about the risk position of Western Digital Corporation. It explains
about the various factors of the risk and it also includes the mitigation plan, controlling
factors and likelihood of the risk factor. The report would make it easier for the stakeholders
of the comapny to analyze the position of the company and make better decision about the
performance of the company. It includes the key stakeholder performance of the company,
changes into the position of the company in last 5 years and various other factors.
Project Report: Risk Management for Western Digital Corporation_2

Risk Management
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Contents
Company overview...........................................................................................................4
Key stakeholders...............................................................................................................4
Findings and results..........................................................................................................5
Report conclusion...........................................................................................................13
References.......................................................................................................................14
Project Report: Risk Management for Western Digital Corporation_3

Risk Management
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Company overview:
Western Digital Corporation is an American company which operates its business in
compute data storage industry. The company is one of the largest manufacturing companies
of hard disk drive in the world. The main competitor of the company is Seagate technology.
The business mix of the company explains the hybrid drives, hard disk, drives and solid state
drives. The total revenue of the company is US $ 19.09 billion according to annual report
(2017). The stock price of the company is USD 90.16 (Yahoo Finance, 2018). The
profitability position of the company explains that the performance of the company has been
better. The key shareholders of the company are Stephen D. Milligan. The governance
structure of the company explains that the main people of the company include executive and
non executive members.
Total number of employees of the company is 67,629 according to the annual report
(2017). The company has been established in April 23, 1970, 47 years back. The competitive
environment of the company is quite attractive as it is the largest comapny in the world and
the company is operating at its business worldwide (Morningstar, 2018). Further, it explains
that the current position of the company is quite attractive and thus the market capital in the
stock price of the company has also been enhanced.
Key stakeholders:
Stakeholders are the people who have interest or concern in an organization.
Stakeholders could affect the organizations actions goals, objectives and the policies. The key
stakeholders of an organization include creditors, Debtors, shareholders, government, owners,
suppliers, unions and the community. Not all the stakeholders are the same and have same
influence in a business.
Key shareholders of the western digital corporation are creditors, Debtors,
shareholders, government, owners, suppliers, unions and the community. The relationship of
the company with the stakeholders could be evaluated as follows:
Project Report: Risk Management for Western Digital Corporation_4

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