This report analyzes risk factors for the Scholastic Corporation and provides recommendations. Key risks include the impact of COVID-19 on in-person school activities, competition from other publishers, maintaining relationships with creative talent, adapting to technology, and retaining employees. Recommendations are to offer virtual and in-person book fairs and clubs based on school vaccination rates, sponsor school districts to increase grades served and exclude competition, provide incentives for existing and new creative talent, utilize TikTok to engage younger audiences, and increase wages and benefits to improve employee retention.