accounting-write an effect to the company, why this risk is critical for the company

Dear team! Need your help to create AUDIT analysis for one RISK from 10-k GoPro. 1) write an effect to the company, why this risk is critical for the company 2) Audit approach to decrease or diminish this risk.(at least 5 recommendations) I need logic brief analysis page for my PPT project .10-K Go PRO RISK: We depend on key personnel to operate our business, and many members of our current management team are new. If we are unable to retain, attract and integrate qualified personnel, our ability to develop and successfully grow our business could be harmed.In addition to the continued services of Mr. Woodman, we believe that our future success is highly dependent on the contributions of our executive officers, as well as our ability to attract and retain highly skilled and experienced sales, research and development and other personnel in the United States and abroad. Some of our executive management team, including our President and Chief Financial Officer, joined us recently and these changes in our management team may be disruptive to our business. Our Chief Operating Officer recently announced her resignation from the Company and, while her responsibilities are being assumed by our President and Chief Financial Officer, this change could be disruptive to our operations.All of our employees, including our executive officers, are free to terminate their employment relationship with us at any time, and their knowledge of our business and industry may be difficult to replace. If one or more of our executive officers or key employees leaves, we may not be able to fully integrate new personnel or replicate the prior working relationships, and our operations could suffer. Qualified individuals are in high demand, and we may incur significant costs to attract them. While we utilize competitive salary, bonus and long-term incentive packages to recruit new executives, many of the companies with which we compete for experienced personnel also have greater resources than we do. Competition for qualified personnel is particularly intense in the San Francisco Bay Area, where our headquarters are located. If we are unable to attract and retain highly skilled personnel, we may not be able to achieve our strategic objectives, and our business, financial condition and operating results could be adversely affected.Thank you in advance! and looking forward for your response

 

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