MANAGEMENT DISCUSSION AND ANALYSIS Risk Risk Description Mitigation Plan Ineffective succession planning may affect Al-`Aqar’s operations if a critical role becomes vacant and cannot be satisfactorily filled before the vacancy has an adverse impact on the organisation. There is also the risk that the Manager will be unable to attract and retain a competent staff force to manage its portfolio and to execute its strategies for sustainable growth. The Group has a succession planning framework in place, which includes identification of future successors and leadership training for candidates of critical positions. Additionally, the strategic implementation of activities and processes are designed to decrease the likelihood of lengthy vacancies in critical roles and limit the impact of vacancies in critical roles when they do occur. The Manager also conducts climate surveys to gauge employees’ preferences, offers competitive reward and compensation, promotes flexible working arrangements, establishes clear career paths and encourages staffs to explore other areas within the Group. 7. Human Capital Risk 55 1. Corporate Overview 3. Strategic Performance 5. Governance Structure 2. The Driving Forces 4. Sustainability Statement 6. Financial Reports
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