Step 1: Risk Identification Step 2: Risk Assessment Step 3: Risk Management
List of Possible Risks Arise From "Likelihood
H/M/L" "Impact
H/M/L" "Risk Priority
H/M/L" Describe the risks Describe how to control the risk Team Responsible
Strategic Customer Changes M M L Due to the increasing demands for childcare services, there will have about 200 more childcare centres to be built in the next 5 years. This has led to a greater competition in the childcare industry. Singapore government is willing to provide funds to those employers or building owner, who intend to set up child care centre for the first time. "Parenting is a very important aspect of work-life balance. Setting up the child care centre in the workplace allows the parents
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One negative comment posted online in a flash, will affect the company future direction. "Management Team will come out a written emergency plan & incident reporting, which cover all potential disasters/problems and the necessary response for each. This is not a document that is written and then put away. School Care team must understand their roles & process during unforeseen circumstances, which will be practiced during drills. Drills will be evaluated and rewritten as needed.
" Academic Development, Opertaion & Finance Team Information Transfer People Management Open Communication & Trust
Financial Cost of Capital H H H Financial support from rental payment, vendor’s payment, staff payroll, utilities, insurance teacher training modifying & keeping up physical facilities and other costs to be met. "We have come out 3 solutions for this risk.
1. Buying insurance to cover those potential financial problems, e.g. auto losses, general liability, professional liability, property losses, and others.
2. Transferring the risk to other parties through contractual agreements.
3. Looking at self-insurance as a way of funding a loss.
Managing Director & Finance Team should review the financial projections periodically and make the necessary adjustments. The projections should use realistic assumptions based on the company's historical results or industry averages.
" Managing Director & Finance Team Growth of Capitalization
An increase in baby booming makes it tougher for working parents to find daycare. The facts prove that having children come with a true price. Even so it doesn’t change the issues of finding child care or makes them go away. When parents work, quality child care is a necessity. And it does not come cheap. For families with more than one child, child care can eat up one salary, leaving parents wondering both working is worth it. When thinking of child care there are some options to consider like choosing a child care center, the costs of child care centers, and waiting lists.
Striving to provide high quality childcare provisions that support children’s development to reach their potential.
The purpose of this research is to explore the benefits of onsite childcare for big corporations. More specifically answering the questions of “What is cost effective for business owners to provide onsite childcare?” and “Will providing childcare for working parents alleviate their stress; and increase productivity on their job?” The review of this literature will discuss the stress of childcare on working parents; the advantages and disadvantages of onsite childcare; the benefits of corporations providing onsite child care. The research methods that would be conducive to complete this research would be surveys and separate focus groups between employees and their employers. The literature review will explain each topic in detail
Many children look up to their parents with hopes to someday be able to follow in their footsteps or decide which career they will take interest in later years. In establishing this new standard of company-provided childcare, more children will grow to understand the true meaning of hard work and they will be able to see what their parents go through on a daily basis to give them the best in life. Also, many women often dream about being close enough to their children to know that they are safe, yet far away enough to remain productive and efficient. Mothers can give their undivided attention to their work duties while having the reassuring thoughts of knowing that if anything goes wrong with their child, all parties are properly informed and in a timely
New parents would require a well paying job, as a well paying job requires a good education. Providing a daycare could lead to a higher class job to support an already-formed family. But, to every positive leads a negative. Frequent budget cuts would have to be met to maintain a healthy and financially stable daycare for children and staff (Source B). The main obstacle of proving a daycare is for the community paying for it. Taxpayers do not want to pay for “sexually active, immature kids” and would rather not pay for them and their “mistakes” (Source C).
Sixth the executive management team must define the procedures that all employees and essential vendors will use during emergency situations. Seventh, the employee training team must define and execute an awareness campaign that properly informs each employee of their role within the DRP/ECP plan and confirm that employee's understanding of their role. Last, the emergency management team’s members must maintain documentation of the DRP/ECP plan including updating when needed, changing the plan to meet organization changes, and recording of observations post plan execution.
We have established a comprehensive Emergency Operations Plan to handle our resources to provide safe environment for our patients in the event of adverse conditions such as power failures, water, fuel shortages, flooding, and communication breakdowns. Our facilities are prepared, staff knows responsibilities to extend patient care under disrupted utilities and other emergency situations.
Owning a daycare is a good career because, the pay is good, college is not a requirement to have a daycare, and the hours pretty good. These are just some of the reason why owning a daycare is a good career.
Have you ever not wanted to get up to take your child to daycare? One would wanna open a daycare because they love children especially babies. One love’s taking care of them, loves seeing them laugh, fall over, playing, and explore. The career of opening a daycare is a enormous job ,due to the requirements, and the study of children at different stages. This research will describe the career of a daycare center, what is required to become a successful daycare teacher and the impact this career has on society
Each include page contains example descriptions and columns labeled tasks, persons responsible and specific resources. The “task” sections of the crisis management plan are explicit guides on how to handle specific situations regarding students experiencing a crisis situation. The “persons responsible” column are sections where the school’s administrator must list the crisis management team members responsible for carrying out a specific task. Upon further review of the crisis management plan, the “persons responsible” column are at least 4 – 6 years outdated. Of the three administrators listed, two have not been employees of Gibsland-Coleman for at least 4 or more years. The “specific resources” section is quite frankly the most important part of the crisis management plan as it should list the most up-to-date contact information for all local police department, fire departments, ambulance, hospital and crisis lines. Similar to the persons responsible information where the information was there, but quite outdated, the specific resources information is completely blank. Although the school may have this information readily available in the front office, this information needs to be updated and placed in the crisis management plan for accurate records. As with most emergencies, there may time is of the essence. Having the appropriate contact information placed easily assessable, reduces the amount of time crisis management team members may spend searching for accurate contact
In a regular day to day basis businesses must face a great deal of external and internal forces. Businesses have many different aspects of external and internal forces they must face in order to be successful. External forces, internal forces and trends continually make the pathway for where a business is headed and where a business stands currently. Organizations should do a SWOTT analysis to examine business potential and business risks so that if any action needs to be conducted it can be done before any unwanted events occur within the business (Robinson, Pearce, 2004). United Daycare has several forces and trends that potentially affect the overall business. Nevertheless, in order for any business to function properly the business
Mentorship Academy has an emergency plan in place for student athletes and shall be followed in the event of a medical emergency. All coaching staff should adhere and be familiar with plan and their role in the duty of an emergency. If any coached have any questions, they should direct them to the districts head athletic trainer or athletic director in the absence of the certified trainer. This crisis plan included the need for emergency Medical Services (EMS) in order to give further medical attention to the student athlete. It is very important that all parties communicate effectively. The following should occur in the event of an emergency:
Childcare is the starting point in your children 's lives. The choices you make on childcare can affect them greatly. It is when they will begin to meet the friends that they will grow up with as they go through grade school. Children need this step in their lives to adjust from staying at home, to staying with other children in a completely different surrounding. There are so many different options for childcare now a days, it is extremely hard to say which is the most beneficial for children. In this paper I will discuss the childcare decisions that my mother made for me, what to consider when evaluating childcare, and compare them to some of my references and see how they are similar and also how they differ.
An effective crisis management response plan outlines specific procedures for administrator, teachers, and students during evacuation emergencies. Administrators work with teachers, students, parents, law enforcement officers, business and community members, to develop an effective emergency and crises plan. The administrator provides leadership in developing and monitoring the school safety plan and also establishes procedures for emergency evacuation and crisis management at different stages of the plan. However, an effective leader develops a comprehensive prevention education plan, and regularly reviews the code of conduct manual for revisions and current laws.
In 2000 the National Development Plan in Ireland allocated funding to the development of childcare with the specific aim of improving the quality, and increasing childcare provision and places through the introduction of a more coordinated approach. As a result thirty three County Childcare Committees, (CCC) were formed in the Republic of Ireland, each with an agreed set of objectives for the various county/areas. They are