Identifying Internal Risks for IceBreaker

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Identifying Internal Risks for IceBreaker by Mind Map: Identifying Internal Risks for IceBreaker

1. Employee Factors

1.1. Lack of training

1.1.1. Issues in efficiency and quality of product manufacturing

1.1.2. Employee satisfaction will decrease

1.2. Short staffed

1.2.1. Can affect production time

1.2.2. People will feel overworked

1.3. Employee Scheduling

1.3.1. Managing larger amount of people

1.3.2. People falling sick or on leave

2. Resource Factors

2.1. Time

2.1.1. Manufacturing time of products

2.1.2. Receiving resources in timely manner

2.2. Materials

2.2.1. Change in materials use

2.2.2. Poor handling of materials - Damages

2.2.3. High Wastage

3. Financial Factors

3.1. Cost

3.1.1. Produce costs

3.1.2. Employee Wages

3.1.3. Import/export of materials

3.1.4. Location - Leases for factory spaces

3.1.5. Maintenance costs

3.1.6. External supplier costs

3.1.7. Marketing Campaigns

3.2. Investments

3.2.1. Investment in New Equipment

3.2.2. New Materials for production

4. Growth/Invitational Factors

4.1. Locations

4.1.1. Opening more stories

4.1.2. Locating stores in places where not the right target market is

4.2. Product

4.2.1. Development in new products

4.2.2. New ways of producing products

4.3. Marketing

4.3.1. Lack of Social Media Presence

4.3.2. Seen in negative light amoung the public

5. Investor/Founders Factors

5.1. Not having investors

5.2. Lack of founding from Investors

5.3. Lack of commitment/interest

6. Operational Factors

6.1. Faulty production line process

6.1.1. Not complying to Operational process

6.1.2. Putting employees at risk

6.2. Data security

6.2.1. Information about suppliers, customers etc isn't secure