Crisis Management Analysis and Planning: HOST 4118 Project

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This project provides an analysis of strategic crisis management within the hospitality industry, focusing on HOST 4118. It encompasses a detailed examination of risk assessment, including the identification, analysis, and prioritization of potential hazards. The project outlines risk containment strategies, such as the use of crisis management forms and the establishment of a clear chain of command. Furthermore, the project delves into the importance of proactive measures, including the allocation of responsibilities, implementation of action plans, and ongoing monitoring. The analysis includes the practical application of these strategies, using a risk containment form to address safety hazards and outlining the role of various stakeholders, such as the CEO and supervisors, in mitigating risks. The project also discusses the concept of risk assumption and the significance of proper supervision and internal audits within the operational risk practices. The references provided support the practical application of these strategies to ensure business continuity and mitigate potential threats to organizational capital and revenue generation. The project aims to provide a comprehensive understanding of crisis management to enhance decision-making and risk mitigation in the hospitality industry.
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Running Head: CRISIS ANALYSIS
CRISIS ANALYSIS
Name of the Student
Name of the University
Author Note:
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1CRISIS ANALYSIS
A. The purpose of Risk-Crisis management is to identify, assess, and control the threats
for organizational capital and revenue generation. Along with this, the safety system
design aims to eliminate the fatality associated with risks. The foreseeability is the
management of proximate cause determination after any hazard (Hopkin, 2018). On
the other hand, unforeseeable refers to the reverse situation of foreseeable risks.
B. The process of risk assessment includes some steps to be fulfilled. These steps include
identification of the risk, analysis of the risk, prioritizing the risks, allocating the
responsibility to the ideal manager, responding to the risk, monitoring, and
assessment. The control form of management strategies includes premise control,
implementation control, strategic surveillance, and special alert control (Dawson et
al., 2017).
C. Blank Crisis Containment Form
Risk Containment Form
Prepared by : ……. (Company Name)
For: (Project Name)
Review date: 6 months after the present day
Potential
hazards
People at
risk
Action
already in
place
Required
action
Action by Action
aimed date
Done
D. Crisis management form
Risk Containment Form
Prepared by : ……. (Company Name)
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2CRISIS ANALYSIS
For: (Project Name)
Review date: 6 months after the present day
Potential
hazards
People at
risk
Action
already in
place
Required
action
Action by Action
aimed
date
Done
Safety
Hazards
Employees
and the
consumers
Investment
secured for
reducing the
hazard
Proper
implementatio
n of the
planned action
and monitoring
of the current
activities.
CEO
Supervisors
Within 2
months
E. Press release: The risk management association has informed that the company will
create various resources to help all the employees financially to manage all the
challenges of any hazardous condition (Dawson et al., 2017). This is the risk
management plan the company is implementing irrespective of all the departments of
the organization.
F. Risk assumption: Assumption of risk is the procedure to defense the law that was
introduced to plaintiff that was involved in the risk management. This plaintiff needs
to accepted for the risk either through proper agreement or through other conduct. An
example of risk assumption is assuming the risk associated with a particular harm that
recently occurred (Cuesta & Nakano, 2017).
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3CRISIS ANALYSIS
G. The sound practice of risk management needs proper supervision of the entire
operational risk practices. In response to the change the committee determined to
launch some sound practices need to be used is this contingency plan. The framework
of the control system needs proper supervision and optimizing the principle
throughout the contingency plan (Cuesta & Nakano, 2017). In this regard, the role of
supervision plays an important role is to conduct an internal audit to make the
planning appropriate for the entire organization which is the basic principle of risk
management.
H. Chain of command: It refers to the hierarchy or authority to which the organization
contact first for managing the risk. It includes the different levels of command inside
of an organization. Establishing a chain of command mandatorily includes contacting
the CEO of the organization prior to any planning. After the CEO the next personnel
for contact are the supervisors or the managers to set the goal and objectives of the
entire planning (Azizi & Rowlands, 2018). Then comes the middle managers example
general managers of every department. After that the first-level managers are
contacted to who report to the middle managers. The chain of command helps to
implement the risk assessment plan work systematically.
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4CRISIS ANALYSIS
References
Hopkin, P. (2018). Fundamentals of risk management: understanding, evaluating and
implementing effective risk management. Kogan Page Publishers.
Azizi, N., & Rowlands, B. (2018). The Moderating Effects of Organisational Culture on the
Relationship between Knowledge Sharing and IT Risk Management Success.
Cuesta, V., & Nakano, M. (2017). Chain of command: a sustainable supply chain
management serious game. International Journal of Automation Technology, 11(4), 552-562.
Dawson, D., Cleggett, C., Thompson, K., & Thomas, M. J. (2017). Fatigue proofing: the role
of protective behaviours in mediating fatigue-related risk in a defence aviation
environment. Accident Analysis & Prevention, 99, 465-468.
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