Case Study : Nissan 's Risk Management Plan Essay

Nissan Motor Company was one of the first Japanese Automobile companies to build facilities in North America. The company was reborn from crisis. They were rescued from bankruptcy in 1999 by Renault, and this sense of crisis still persists in the organization to this day. After the 9.0 magnitude earthquake hit the coast of Japan on March 11, 2011 Nissan Motor Company, just like they did in 1999 when they faced financial difficulties, focused on identifying and analyzing the risks by establishing a dedicated risk management function that was responsible for these activities.

We have come to a time where it is imperative to reset our courses associated with the safety of the employees, the safety of the brand and the longevity of the company alongside their competitive edge. As senior manager, consideration should not be limited to solely short-run solutions. It is primary for the company’s decision makers of all tiers manage the negative and positive potential of any crisis as time can carry the possibilities of unknown limits. Accommodations must be made for the entire community (Senior Management, Ergonomists, Labor Leaders, Politicians of the city, Service Staff, Human Resources and Line Management) under the company’s payroll that has been affected by this natural disaster using our revised Crisis Management Portfolio.

National Response Plan Howard L. Hayes Saint Leo University Abstract Why is it necessary for our country to have an effective emergency plan in place? Why does it matter how the country responds to emergencies when every part of our country, including cities and states, face emergency situations on a daily basis all over? Some are bad to worse, and some horrific to deadly. Well, this paper explains the importance of the National Response Plan and why it is necessary for our country to have it in place. It explores several articles that have been published to show the results on the effectiveness and response of the National Response Plan. The National Response Framework, previously called The National Response Plan, is a plan that the United States put in effect to organize the way the country and the community handles attacks, disasters, as well as all events looked at as an emergency. The Response Plan relays and describes all the information in order to avoid catastrophic damages and to protect and save lives. The plan focuses on how the country as a whole can work together to prepare for damaging events. Morover, the plan doesn 't always seem to be effective as it is expected to be. Issues arose at the time it is most needed, which causes necessary changes to take effect immediately. Sometimes the damage is already done and that could be due to economic collapse, being unprepared, and failure to respond appropriately. The National Response Framework replaced the National

When disasters occur suddenly, the following days makes it difficult for people to get to work due to fallen trees or destroyed cars and home or roads flooded. By evaluating a given area or even country, can reduce these negative impacts by using risk identification, risk reduction and risk transfer. This is the important job of risk manager to do these risk assessments in order to better prepare for unfortunate events that will occur sometime in the future. There are public assistance programs set in place in the event of a disaster destroying a town or city for example.

During a disaster or emergency, the company must maintain normal operations required to address time-sensitive, disaster-specific issues. No plan can anticipate addressing all the human, operational and regulatory issues raised during a disaster or emergency.

Therefore, it is critical, to maintain a balance in emergency management planning as well as ensuring an implementation of all hazards approaches. There is also a need to address risk management through strategic planning to create programs and capabilities regarding the homeland security programs. Further, the National Strategy should incorporate operational planning to identify any threats and hazards and determine the risk-reduction objectives. The National Strategy for Homeland Security could benefit from information sharing in regard to terrorism response protocols.

The purpose of this paper is to show that I have clear understanding of how to properly respond in a disaster. Also, for the purpose of this paper the citizens must be informed of a plan that will hopeful lead them to a safe risk management plan. The point is to eliminate the potential risk factor in

Risk analysis plan for major disaster like hurricane must include the ability to identify, where the hurricane will make a landfall, at what category, what level of damage or injuries will be expected (U. S. Department of Homeland Security, n. d). Risk communication plans involve collaborations with the media in order to provide realistic and correct information to the general public and in timely manners too. The city should make arrangements to ensure that all city residents, including businesses, state and federal government facilities receives accurate information about the impending disaster and how to prepare for it. Testing of the Emergency Operation Centers and emergency communication equipments is necessary during preparations. Mutual supports from our neighboring communities must also notified and be on alert to step in to help if the need

Toyota’s disaster management team mission is to “maintain the optimum state of disaster preparedness through planning, preparation, training and exercise.”

Internet surfing might be at risk in this product as web commenced is in used.

Risk for disasters is a part of life; emergency situations occur more frequently than many people believe. A wise person plans for the worse, and hopes for the best. After a disaster, how well a community can recover will depend largely on how well they prepared in advance. Risk management includes identifying any potential risks to a community and proactively planning to minimize the threat. Proactive organization of resources and people to respond to emergencies can mean the difference between a community’s ability to regroup and recover, and the loss of life. To better

During a crisis, one of the roles of a leader is to create and sustain the organization 's credibility and trust among crisis stakeholders for example like management, employees, customers, suppliers, partners, communities, investors, media, and government. Depending on the crisis situation, a leader 's goal is to assist the organization in returning to productivity. Overall, it is important to protect and sustain the organization 's reputation, brand and value in the marketplace As a HR department, they have a ways to prevent and overcome the impact of crisis management. So one of the HR strategic roles is to focus on leadership qualities such as strategic thinking, communication, empowerment, trust and integrity, considering a succession planning for crisis management and others. For example like human resource functions that will be applied to the crisis management planning. According to the SHRM 2005 (Strategic human resource management) disaster survey report, 65% of HR professionals believe that their organizations are well or very well prepared to face the crisis or disaster. On the perceptions of employees, only 50% of them think that their organizations are well or very well prepared. 85% of HR professionals indicate their organizations have some form of a formal disaster preparedness plan, and 15% do not. Organization must create a plan to make sure

The effective contingency plan should only include the high-priority items and it should be as simple as possible. The purpose for the contingency plans is to response quickly when there are changes of an organization’s current strategy. For example, the predefined strategy is based on some assumptions about the economy but the outcome is not what the organization assumed, the contingency plan can support the organization to react promptly. The effective contingency planning includes a seven step process. First, Identify both beneficial and unfavorable events that could possibly derail the strategy. This step includes the development of the formal contingency planning policy statement in order to provide it to relevant stakeholders the authority and guideline that required developing the effective contingency plan. Policy will be published when executive confirms it. To gather the high-level business requirements, define scope and allocating project resources. Second, Specify trigger points and calculate about when contingent events are likely to occur. It involves the Business Impact Analysis (BIA) to identify threat scenarios, prioritize key business processes and critical systems for business continuity. Executive approval on those choices of the critical business functions and the priority to recover during the disaster. Third, Assess the

The objective of this study was to develop a strategic contingency planning model to be used to fully incorporate emergency management and business continuity into organization structures. (For the purpose of this study, Emergency Management and Business Continuity were collectively referred to as “contingency planning.”) Presently, contingency planning is mainly done on an operational or tactical level. Current thinking suggests that contingency planning should be an active part of organizations’ overall strategic planning processes as well. Organizations will ultimately be better prepared for future disasters and crises.

Nissan focuses on maximizing its auto manufacturing operations through flexibility and efficiencies by maintaining a