Question

In a 250-300 word summary, address the following:

• Identify one critical risk you could encounter that could prevent you from meeting each of your goal/objectives.
• Develop a contingency plan for the identified risk. Explain how this could maximize management efficiency and the allocation of resources. What leadership qualities are essential when dealing with the identified critical risk?

The company is a startup football league like AAFL., XFL

Answer 1

• Identify one critical risk you could encounter that could prevent you from meeting each of your goal/objectives.

First let me write a risk associated with Startup Foot Ball League XFL is Injury of Football Player that could prevent me from meeting each of my goal or objectives

• Develop a contingency plan for the identified risk. Explain how this could maximize management efficiency and the allocation of resources.

Contingency plan for the identified Training:

	How long can we do without?	Impact	Vulnerabilities	Contingency details
Injury of Player	Zero days	It will affect the entire team and management of league, will degrade the team performance	Poor maintenance, lack of care, poor security level etc	Arrangement of physicians and Health care facilities close to Players,

Following that contingency will ensure to mitigate the risk, as it works on arranging and keeping all the necessities in place, if any relevant risk occurred,

What leadership qualities are essential when dealing with the identified critical risk?

Here, various management and leadership qualities are essential to manage risk associated with Injury of Players, such leadership qualities could include like effective coaching and training for each player, create good working environment could be both physical and cultural environment, Inspire them accordingly and create better team coordination and communication which can prevent such identified risk and if risk already happened, then arrangement of health care facilities are essential to deal with the identified critical risk, further should be team integrity and they should maintain honesty in all level, play by following various rules and maintain code of conduct within the team, further, there should be audit to ensure any players are not associated with taking any illegal drug, Coach has huge role in it, they can guide player to improve performance safely, further there should be arrangement for periodic health check up for every players,