Communication
Components for effective/sustainable decisions:
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Other Risk Management Topics: |
“Any organization that provides programs to the public has a moral, legal and spiritual obligation to institute appropriate risk management practices for volunteer programs. This is not only the right thing to do; it is legally required under the principle of duty of care.”
Marlene Deboisbriand (past president, Volunteer Canada)
Risk Management is:
"Learn by Doing" Training
Personnel need to know:
Marlene Deboisbriand (past president, Volunteer Canada)
Risk Management is:
- The process that an organization uses to identify, assess, control, minimize the risks of Bodily Injury or Financial Loss arising from its activities and operations.
- Discipline for managing the possibility that some future event will cause harm.
- It provides strategies and techniques to recognize and confront threats or danger.
- Its Purpose: To avoid, reduce or prevent risk from imposing negative consequences.
- Risks at all levels of operations (strategic, operational and project/events)
- Business objectives, decision making and management framework
- The entire organization: from the board to senior management, employees, volunteers and members
- Establish the context: Why do this?
- Identification: What are the risks?
- Analysis/evaluation: How much will it cost?
- Treatment: What can/should/needs to be done?
- Communicate: Who needs to know and when?
- Monitor: Review results, adjust where needed
"Learn by Doing" Training
Personnel need to know:
- Why risk management is important
- What to do and when
- What is expected of them
- Monitor and assess results frequently, adjust where advisable or necessary
- Communication: make it consistent and frequent to all stakeholders
- Loss of management credibility
- Protracted, unnecessary, costly debate and conflict with stakeholders
- Diversion of management attention and resources away from more valuable issues
- Lack of support by employees and volunteers