Risk: Inefficiencies in operations increasing costs and causing time delays.

Impact: Estimated Revenue: -5%, Profit: -8% due to wasted resources and missed deadlines.

Solution: Implementing Lean Six Sigma initiatives; Example: COO leading a Kaizen event to streamline processes.

Benefits: Improved operational efficiency, reduced costs, reputation for operational excellence.

Risk: Disruptions causing production halts and delivery delays.

Impact: Estimated Revenue: -5%, Profit: -7% due to unfulfilled orders and increased costs.

Solution: Overseeing supply chain risk management; Example: Establishing alternative supplier relationships.

Benefits: Improved supply chain resilience, increased customer satisfaction, enhanced operational leadership.

Risk: Poor quality leading to product returns and reputational damage.

Impact: Estimated Revenue: -4%, Profit: -6% due to returns and lost customers.

Solution: Implementing Total Quality Management (TQM); Example: Establishing Six Sigma quality control processes.

Benefits: Enhanced product quality, reduced returns, improved quality leadership reputation.

Risk: Imbalanced staffing affecting operational efficiency.

Impact: Estimated Revenue: -4%, Profit: -5% due to overstaffing or understaffing.

Solution: Utilizing workforce planning tools; Example: Implementing Workforce Ready by Kronos.

Benefits: Optimized staffing, improved operational efficiency, enhanced workforce management reputation.

Risk: Outdated technology hindering operational efficiency and competitiveness.

Impact: Estimated Revenue: -3%, Profit: -5% due to manual processes and slower response to market changes.

Solution: Leading digital transformation initiatives; Example: Overseeing the implementation of an ERP system like SAP.

Benefits: Improved operational efficiency, competitive advantage, reputation for technological leadership.

Risk: Poor customer experience affecting brand loyalty and market share.

Impact: Estimated Revenue: -3%, Profit: -4% due to lost customers and negative reviews.

Solution: Improving customer service operations; Example: Implementing a CRM system like Salesforce.

Benefits: Enhanced customer satisfaction, increased market share, improved customer-centric reputation.

Risk: Lack of standardised processes leading to inconsistencies and errors.

Impact: Estimated Revenue: -2%, Profit: -3% due to errors and rework.

Solution: Implementing Business Process Management (BPM) practices; Example: Establishing standard operating procedures (SOPs).

Benefits: Increased process consistency, reduced errors, reputation for process excellence.

Risk: Skill gaps affecting competitiveness.

Impact: Revenue: -3%, Profit: -4% due to lack of skilled workforce.

Solution: Establish continuous learning programs; incentivize skill development.

Benefits: Up-skilled workforce, improved competitiveness, enhanced development reputation.

Risk: Failures in health and safety compliance leading to accidents, fines, and reputational damage.

Impact: Estimated Revenue: -2%, Profit: -4% due to legal penalties and lost workdays.

Solution: Leading health and safety initiatives; Example: Conducting regular safety audits and trainings.

Benefits: Reduced accidents, avoided legal penalties, improved safety leadership reputation.

Risk: Failure to adopt sustainable practices affecting regulatory compliance and brand image.

Impact: Estimated Revenue: -1%, Profit: -2% due to potential fines and lost eco-conscious customers.

Solution: Overseeing sustainability initiatives; Example: Implementing a company-wide recycling program.

Benefits: Enhanced regulatory compliance, improved brand image, reputation for sustainability leadership.