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A Use This Method If You

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7/03/2012

Heblon PLC: Facing extinction
ACCT 5919 Business Risk Management
Week 2: Syndicate Presentation
Quentin Midoux
Roger Shu
Sima Soleimani Nia
Joanna de Jersey

Facing extinction

1

7/03/2012

Heblon PLC





Established 1950s in England
Family owned
250 Employees
No retained earnings

Product & Production Process

2

7/03/2012

Determining the Risk Context
• Macro [External] Scan:
– PESCTEL Scan

• Micro [Internal] Scan
– Tangible resources
• financial, organisational processes, physical and technological resources

– Intangible resources
• human resources, managerial capabilities, innovation and reputational resources

• PPCO
– Pluses Potential Concerns and Opportunity

Risk Context: Environmental Issues

3

7/03/2012

Risk Context: Socio Cultural &
Competition

Risk Context : Culture & Management

4

7/03/2012

PPCO
Concerns
Pluses
50 years in business
Reputation
Niche market
Skilled labour

Potential
Highly innovative & agile organisation Low use of technology
Cost structure
Timber supplies
Limited financial resources
Changes to market
Culture & Management
Recent decisions & actions

Opportunities
New processes & technology New markets & products

Heblon’s Response
• More marketing and sales services to existing retailers
• Recruitment of a designer and a product development engineer
• New Information System to improve productivity and control

5

7/03/2012

Risk management issues
1. Changing consumer preferences
2. Increasing cost pressures
3. New production methods and designs
4. Increasing competition
5. Organisational/cultural risk
6. Response by Helbon’s management

Risk Identification
How should Heblon have :
• Identified their risks?
• determined probability?
• Determined impact?

6

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