E. RISK PROTOCOL.

i. Flow Chart of Risk Reporting.

START

Asset Identification using Honda

Asset and Knowing all risk that will impact

Building Risk Independent Management

Honda Creating Framework for Risk

Crisis NO
Occur

YES
Available Patch
Establish Global Emergency
Headquarters for crisis response

NO Set up a Global Emergency

Reporting

Stop
 ii. Risk Register Documentation.

ID Risk description Likeliho Impact if Severity Owner Mitigating action Contingent action Progress on Status
od of the the risk Rating based on Person who will Actions to Action to be taken actions
risk occurs impact & manage the risk. mitigate the risk if the risk
occurrin likelihood. e.g. reduce the happens.
g likelihood.
1 Decline in the living High High High Financial Learn how to Reviewing the Keep on marketing Open
standards of the Department prepare a business marketing strategies activities.
population and a continuity plan to to help Honda come
decrease in the real keep the business up with new ideas to
gross national running during and increase sales and
product. after a crisis find better ways of
happening. using the marketing
dollars.
2 Decline in economic High High High Financial Increased Consider of Build real Open
activity in the Department government outsourcing noncore relationships with
country. spending financed activities that are not your customers
by borrowing will strategic to the
enable an injection business in order to
of investment into reduce cost.
the circular flow.
3 Energy issues in the Low Medium Medium Operation Initiatives in the field Improve the Reduction in annual Open
Honda Group. Department of transportation. efficiency of CO2 emissions from
transportation in transport on these
cooperation with routes of
transport approximately 30%.
companies.
4 Unpredicted issues Medium Medium Medium Global Emergency Made all out of Implemented the Create a culture that Open
in the company i.e Headquaters. company-wide drills using the enables effective
flash flood, efforts for recovery revised manual and cooperation when a
earthquake and of their suppliers confirmed the crisis occurs.
Covid 19. and regional manual’s
communities. effectiveness.
5 Technology Medium High High Research and Always alerts to the Escalate to Create new idea on Open
changing fast in the Development changes of Operation innovation on the
world. Department technology happen Department and products in order
in the world. Financial to statisfy
Department. customers.
Innovate product
based on the
technology trends.