Risk is always involved in any kind of change.
We are consequently facing thousands of
risks every day. Risk has been to the present
viewed as having “negative consequences” and usually pose threat to a plan, project
or forward course of action. Many people
forget that risk can also have positive outcomes or consequences.
Risk management is actually about finding
“the right balance” between enough risk and reward. To find this right balance we need to be more
prepared for what might happen and engage in more formal risk assessment. It is about being more prepared for possible
future events or even surprises that life and work brings.
Risk assessment is actually the careful
examination of what could cause harm to people or things so that an evaluation
of whether enough precautions have been taken to reduce the overall risks
involved can be made. It revolves around
the formal appraisal of hazards in the workplace which have the potential for
harm to life, health or property.
Shared from:
Risk Management
Topic Cartoons
April 30, 2012 by Dr. Jon Warner
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