4.

Proposed Strategies on Operational Risk Management of Poultry Businesses

Table 20 shows the proposed strategies operational risk management of poultry businesses

Table 20. Proposed Strategies on Operational Risk Management of Poultry Businesses

Area of Findings Proposed Objectives Persons Expected Outcome

Concern
Assessment of the operational
risk management of poultry
Risk
businesses in terms of risk
Appetite
appetite. It shows that the
lowest mean is 3.75, has a
higher risk appetite leads to
greater business growth
opportunities for poultry
businesses.
Risk Assessment of the operational
Identification risk management of poultry
businesses in terms of risk
identification. It shows that the
lowest mean is 3.79, The active
participation of employees in
identifying risks linked with the
poultry business increases risk
Strategies Involved
Develop a risk To investigate the relationship Owners, Improved the operation
appetite framework between risk appetite and managers, of poultry farms in
that incorporates operational risk management in planning terms of risk appetite
both qualitative and poultry businesses, with a focus officers and strictly monitor by
quantitative on assessing how varying levels and other employees all the
measures and of risk appetite influence business employees chickens to have a
focuses on the growth opportunities. healthy and profitable
potential growth poultry farm.
opportunities of a
poultry business
alongside risk
appetite.
To develop a risk To investigate the factors Owners, The veterinarian
identification contributing to effective risk managers, carefully examined the
framework, identification and its impact on planning poultry farm in order to
employees need to risk management within the officers identify any possible
identify risks for the poultry industry and also to and other risks and maintained
potential growth of a explore the relationship between employees records on each chicken
poultry business in employee participation in risk to stop the spread of
terms of risk identification and the overall viruses that cause

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 management.
Assessment of the operational
risk management of poultry
Risk
businesses in terms of risk
Assessment
assessment. It shows that the
lowest mean is 3.85, evaluates
the risk of environmental
pollution from the poultry farm.
Assessment of the operational
risk management of poultry
Risk
businesses in terms of risk
Mitigation
mitigation. It shows that the
lowest mean is 3.84, invests in
insurance to protect your
business from potential losses
identification. effectiveness of risk management. diseases in chickens.
To have a risk To understand the operational risk Owners, Improvements and well
assessment, the assessment procedures, identify managers, maintain of the
employees need to the key risk factors associated planning condition of domestic
identify risk factors with poultry farming, and officers chickens inside the
like pollution from evaluate the effectiveness of risk and other poultry and add
the poultry farm that mitigation strategies, ultimately employees insecticide to avoid
can cause disease leading to a comprehensive risks that may affect the
inside the poultry. analysis of the environmental chickens and also the
pollution risk in the poultry protections of the
industry. chickens from pollution.
Develop a risk To assess and analyze the Owners, Expected they invest
mitigation plan to effectiveness of risk mitigation managers, more to insurance to
protect the poultry strategies, with a focus on planning secure the health of
from any diseases insurance investments, in the officers chickens inside the
and also invest in operational risk management of and other poultry farm, and
insurance to secure poultry businesses. employees having good
your poultry veterinarian to maintain
businesses from the health of chickens to
possible losses. make the poultry farm
profitable.
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 Assessment of the operational
risk management of poultry
businesses in terms of risk
monitoring. It shows that the
lowest mean is 3.89, monitors
Risk the environmental conditions
Monitoring within the poultry house
including, temperature,
humidity, ventilation and
lighting. Ensure that these
factors are maintained and
appropriate levels to optimized
bird comfort and productivity.
Develop a good plan To investigate and analyze the The Monitored already the
to further strengthen extent to which poultry persons environmental
and maintain the businesses monitor environmental involved conditions within the
security of chickens conditions within the poultry are poultry to determine
from any type of houses, also to determine whether Owners, whether monitoring
disease that can be these monitoring practices are managers, practices are effective in
acquired in our effective in maintaining these planning maintaining the comfort
environment. factors at appropriate levels to officers of all chickens. This
optimize bird comfort and and other factor can be effective
productivity. employees to make profitable
poultry.
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