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5.Discuss the importance of (45 marks)
critical risks. It lets the organization respond to the market and customers demand much quicker than any other strategies. It also creates the opportunity for best practices to be established and increase an efficience workflow processes and leadership development.d.Workplace consultation and communication Successful changes involves consultation and communication with all parties involved, includingmanagers, employees and any employee representatives or any external consultation. A leader can communicate to staff in a variety of ways using different communication mediums such as the use of telephone, video conferencing, memos, reports, emails and face-to face conversation. Consultation is extremely important and communication mandatory. Employers should consult with their employees on workplace issues that may impact on the productivity. It also identify opportunities, assist decision making and help ensure any new ideas work effectively in practice.e.Decision-making and risk management It’s extremely important that a leader has risk management skills to identify and develop mitigation strategies for identified risks. Applying risk management processes will help strategic decision makers in their decisions about organization strategies and how the risks will be managed. Risks may arise if the leader doesn’t take actions and risk may arise if the leader take actions, this is why is important the decisions makers have knowledge about risk management.f.Public relations Public relations is important because make the strategie more efficient, increase the results of the organisation marketing strategy; Public relations promotes communication between the company and stakeholders - builds relationships with the customers and employess.