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Analysis of Alaska Fly-Fishing Expedition Case Study

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Business trips are necessary because they motivate the employees after resumption to work harder and skilfully to achieve the objectives of the business. They are a source of staff morale and boost their production in the coming business periods (Velikorosov et al., 2020). However, companies have to take caution against possible risks that occur during corporate adventures trips. Some of the risks likely to occur during the all-expenses-paid fly-fishing adventures trip in Alaska promoted by the president of BlueNote, Inc. comprise natural calamities, misallocation of time. Other risks that may arise are misappropriation of funds, security and safety risks, and health risks. The firm must compute a plan to prevent these risks and control their adversity in case they occur.

Risk Assessment Form

Risk EventLikelihoodImpactDetection DifficultyWhen
Natural calamities risk2160For the duration of flights and when visiting the rivers
Unbalanced time allocation553When catching the flights and leaving the sites
Misappropriation of funds144Spending on personal leisure
Security and safety risks3165During accommodation at the Dillingham hotel and taking meals
Health risks553During flights and site visitation

Risk Response Matrix

Risk eventResponseContingency planTriggerWho is Responsible
Natural calamities risksMitigate: Call off the adventureRequire employees to travel in separate boatsRiver guides cannot respond effectively to the calamityNature
Unbalanced time allocationMitigate: come up with alternative plansCreate a schedule for every activityEmployee not seen for thirty minutesEric
Misappropriation of fundsRelease the reserve for emergenciesProvide employee with all amenities such as meals, shelterNo enough money for all activities plannedRichard
Security and safety risksMitigate: request the staff to return or evict the premisesAvail staff trackersStaff cannot be tracedMaxwell
Health risksMitigate: Instantly deliver the casualties to a healthcare facilityTrain on first aid measuresLack of positive response after first aidChange in the environment

Reference

Velikorosov, V. V., Filin, S. A., Genkin, E. V., Maksimov, M. I., Krasilnikova, M. A., & Rakauskiyene, O. G. (2020). HR systems as a new method for the automatization of business processes in organization. DEStech Transactions on Social Science, Education and Human Science, (ICPCS). Web.

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