Resource risks and opportunities
You have already pulled out the main risks and opportunities relating to market demand (Chapter 3 of your plan), industry competition (Chapter 4) and strategy (Chapter 5). Now it’s time to add the major resource risks to your plan, as well as resource opportunities.
These resource risks could relate to management (e.g., a key manager lured away to a competitor), marketing (e.g., an expensive advertising campaign that produces little benefit) or operations (e.g., distribution disruption if a new regional depot’s systems fail).
What are the resource risks that are at least reasonably likely to occur and with reasonable impact if they do occur? These are the big risks (as defined in Chapter 3). How can they be mitigated? ...
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