A company planning and strategizing for the future

Imagine your company is planning and strategizing for the future and that the executive team has asked you to brief them on the state of the risks and opportunities in the industry. Your analysis will help the top executives create a comprehensive strategic plan that includes risks and opportunities that could impact employees and other stakeholders.

Specifically, you must address the following rubric criteria:

Potential Impact: Identify the legal, safety, environmental, and financial risks.
As you evaluate your selected company, what are some of the legal, safety, environmental, and financial risks the company may face based on your analysis?
Public Relations and Trends: Describe the influence of society, culture, politics, health, safety, and security.
For your selected company, what influences may society, culture, politics, health, safety, or security have on the company as it develops policy and publicized communications?
Employment Laws: Identify the applicable federal laws and acts.
After you review the Summary of the Major Laws of the Department of Labor, select any federal or state employment laws or acts that influence the company. How do they affect the company?
Global Market: Describe challenges in the global market that businesses face when identifying risk for forecasting.
Review and research your chosen company and identify what risks they may encounter in the global marketplace.

Sample Answer

Risk and Opportunity Analysis: [Selected Company Name]

1. Potential Impact: Legal, Safety, Environmental, and Financial Risks

Legal Risks

Non-compliance with regulations (e.g., labor laws, data privacy).
Intellectual property disputes (e.g., patent infringement lawsuits).
Example: A tech company may face GDPR fines (up to 4% of global revenue) for data breaches.

Safety Risks

Workplace accidents (e.g., manufacturing defects).
Product liability (e.g., faulty consumer electronics).
Example: An automotive company recalling vehicles due to brake failures.

Full Answer Section

Environmental Risks

Carbon emissions targets (e.g., exceeding EPA limits).
Waste disposal violations (e.g., improper chemical handling).
Example: A factory facing penalties for toxic runoff into local waterways.

Financial Risks

Market volatility (e.g., supply chain disruptions).
Cybersecurity breaches (e.g., ransomware attacks).
Example: A retailer losing $200K/day during a system outage (IBM, 2023).

2. Public Relations and Trends: Societal, Cultural, Political, and Security Influences

Societal & Cultural Trends

Demand for ethical sourcing (e.g., fair trade materials).
Diversity, equity, and inclusion (DEI) expectations.
Example: Consumers boycotting brands with poor labor practices.

Political & Regulatory Shifts

Trade policies (e.g., tariffs affecting supply chains).
Subsidies for green energy influencing manufacturing.
Example: New tariffs increasing production costs by 15%.

Health & Safety Concerns

Pandemics disrupting operations (e.g., COVID-19).
Workplace mental health becoming a priority.
Example: A company implementing remote work to reduce infection risks.

Security Threats

Cyberattacks targeting customer data.
Physical security risks (e.g., protests disrupting logistics).
Example: A hack exposing 50M customer records (Equifax, 2017).

3. Applicable Federal Employment Laws

Law/Act	Impact on Company
Fair Labor Standards Act (FLSA)	Mandates minimum wage, overtime pay. Non-compliance risks lawsuits.
Occupational Safety and Health Act (OSHA)	Requires safe workplaces. Violations lead to fines.
Americans with Disabilities Act (ADA)	Ensures accommodations for disabled employees.
Family and Medical Leave Act (FMLA)	Provides unpaid leave for medical/family reasons.

State Laws:

California’s CCPA (data privacy) may apply if operating in CA.

4. Global Market Challenges

Key Risks in Global Forecasting

Currency Fluctuations – Affects pricing and profitability.
Political Instability – E.g., sanctions disrupting supply chains.

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