Strategic Plan Essay Example | Topics and Well Written Essays - 750 words

Strategic Plan - Essay ExampleAnother main endangerment of Hawaiian Airlines includes causing distress to passengers in cases where the authorities find that their luggages size, weight, or fiber renders it unsuitable for transportation on the particular aircraft which is to transport it, or which cannot be accommodated without harming or annoying passengers (Contract of Carriage, 2013).Hawaiian Airlines is prohibit from allowing any passengers to carry an item that is prohibited in their regulations or laws. Risk Management Another involvement is that Hawaiian Airlines does not allow any object or device, which can get in the authority with its usual processes, on board the aircraft. Risk management is a systematic way of identifying potential perils inwardly a project, gauging or estimating the probabilities of these risks occurring, to then develop strategies to manage these risks (Bliss, 2005). Risk assessment Identifying risks Hawaiian Airlines explores various options o n hand(predicate) in order to reduce costs. But this is a very difficult task as typify day competition between different airlines is very stiff. Some risks faces by the airlines arise because of the complex structure of its industry. These risks have to be identified and managed for the airlines to conserve its business and progress to higher levels. One of the major issues face by the airlines is that it can sometimes alienate its loyal customers. This happens at times when the Aloha flights of Inter-Island are skimped in order to upscale or refurbish Hawaiian Pacific Airlines in order to increase node service. Risk Analysis Risk assessment is not just related with identifying risks, but also qualification the stakeholders and project team aware of them. It also includes assessing the possible severity of these risks, thus, recognizing where most attention is to be effrontery in order to transform risks into the advantage of the organization. In the case of aggressive harv est-home, Hawaiian Airlines faces medium risk as mentioned before. It is a fact that they do not provide run of flight to countries such capital of Singapore and India, which are common tourism destinations. Singapore being an extremely popular tourist centre and the trine richest nation in the globe, should be included by the Hawaiian Airlines in the list of countries they provide services to. Market Share in Inter-Island Services in Hawaiian Airlines shows low risks comparatively. To remove the competition in Inter-Island facilities area, the industry needs to develop some strategies to attract further customers and, in that locationfore, increase their market share. Announcing particular offers, introducing modified services, offering additional discounts to common fliers etc can be a few among the strategies. Brand Image in Hawaiian Airlines is an element that poses high risks. Corporate reputation is influenced to some extent by the value of the pilots in the airlines. It i s the most crucial part in strategic airline management and, therefore, Hawaiian Airlines have to maintain as well as find ways to improve their brand image. Calculating Severity The scales for work out the probability as well as influence of risks may be qualitative, in some cases where there are comparative definitions available. Hawaiian Airlines suggests the following Scale impact 1 Very aggressive growth Low 33 2 Interisland Competition risk