Global operation and risk management of Qinetiq Group plc 01303 Essay

Global operation and risk management of Qinetiq Group plc 01303 - Essay role modelThe company holds a business portfolio of military weapons and clays within mode of travelling including land, air and sea (QinetiQ, 2015b). In 2003, LTPA was made with the agreement of providing all means weapons and system to MOD for next five years. In 2006 company repurchased its stakes from the Carlyle group and get IPO status. Value development flow for the business till sightly an IPO entity is visualised below.Currently company is dealing globally for its business and mainly generates revenue from UK and US via generating a strong existence in US market as well. QinetiQ is considered for the assessment of performance and risk management due to its declining performance over last three years and a highly opened to risk business model in the underlying document. After developing basic grounds of study via reviewing the business and market trends as well as financial performance indicators, an assessment of risk and performance management skills of the company will be presented with proposed recommendations.Understanding the sensitivity-level of the business category, the company operates with the scheme namely Organic-plus strategy with considering customers, people, innovation and productivity as core drivers (QinetiQ, 2014). Reported financial trends of key indicators in the annual report for the year 2014 (QinetiQ , 2014) depict a continuous parentage in revenue genesis for the company with fluctuations in other drivers as well.However, company claims to be strongly operating and increasing dividends continuously as depicted above. Dealing with two main divisions, company categorizes its revenue generation in three categories namely EMEA, US and global product. EMEA is the leading business and revenue generation unit with UK as the largest geographical and customer country of the business as depicted below.According to the Aerospace and defense industries