There are 3 areas where risk mitigation are possible.

The first area deals with

the new leadership and management, the second area deals with the rising
costs, and the third area deals with the polyolefin supply shortage.
With regards to the new leadership and management, its not really a risk
that requires mitigation however, it is more of a concern regarding the type
of new management and change that the company has never experienced. It
is inevitable that there will be a new leader and additionally, younger
managers with new type of experience from other parts of the world will be
replacing older managers. From introducing younger managers into the
current FPG control system, there are grey areas in how the less experienced
managers would follow the control system due to their depth of experience,
management values and style.
With regards to rising costs, as the standard of living gets higher and higher,
the companies labor costs are going to have to increase in order to
reasonably accommodate their employees. Moreover, the newer generation
is generally not as hard working as the older generation which may impact
the efficiency of FPG as well. A potential alternative to paying higher costs to
the employees is to offer various benefits instead such as health benefits and
reimbursements on services and goods. This can limit the amount of cash
that FPG would pay out.
Lastly, with regards to the Polyolefin Shortage in Taiwan, the government had
permitted FPG to build an ethylene plant, however several construction
burdens occurred. A strategy that FPG can execute would be vertical
integration which would be to buy the suppliers so that they could be
controlled as oppose to continuing with the slow effort in constructing the
building, and this would yield to manufacturing efficiency.
Buy them up in other areas to increase the scale of ecnomies