BSBRSK501: Risk Assessment Report for Town and Country Expansion Plan

This report presents a risk assessment plan for Town and Country, a company aiming to expand its business into four new countries. The assessment identifies various risks, including staffing issues, natural disasters, and government policy delays. It outlines the need for a risk management policy and effective communication with management. The report details a meeting held at the company's head office, attended by key stakeholders such as the HR manager, owners, and production manager, to discuss these risks and formulate solutions. Decisions were made regarding insurance for natural calamities and staff incentives. The report also emphasizes the role of different departments in supporting the risk assessment plan, with the HR department responsible for staffing, the owners for financial support, and the production department for insurance. The report concludes with a plan for a follow-up meeting to measure the effectiveness of the risk assessment plan.