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Risk Management Strategies and Techniques - Single User
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Overview and Purpose
Risk is the chance of something occurring which may have a negative impact on your organisation. Risk Management is the systematic application of policies, strategies and procedures which are developed to identify, rank, treat and monitor those potential risks.
Having a risk management strategy is not only good business practice, it can also provide some protection to Board members and staff in the event of these risks occurring.
Applying these strategies and techniques to the risk management of your organisation (from Board level through to staff) can help to minimize or even negate the impact of adverse events.
Developing and implementing best practice Risk Management processes can provide systematic strategic information to the Board and senior management, and assist with reviewing your organisation’s operations and strategic direction.
This manual will take you, your staff and your Board through the process of understanding risk, developing a Risk Management policy and implementing this policy. It includes straightforward samples and checklists, which can be undertaken immediately for instant results.
Topics Covered
- Role of governance and risk;
- Board role in risk management (including checklist);
- Staff role in risk management (including checklist);
- Risk management policy (including sample);
- Risk library and rating risks;
- Risk treatment strategies and options; and
- Risk and staff KPIs.
This invaluable publication is available in a single-user ePublication format. Also available as a hard copy on request.
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