Risk Management Model

While all businesses are vulnerable to risk, there are steps that every business can take to reduce its level of risk. This risk analysis model was developed to provide some initial questions that organizations can use to assess their level of risk. However, the Global Center for Creative Learning’s (GCCL) specialized training Risk Management offers a full session on how organizations can reduce their risk.

Process Analysis for Risk Management Model

Safety: is defined as freedom from danger (Merriam Webster) –

  • What are the systems for ensuring safety for the customers/clients, organization’s employees/consultants, and the community?

Risk: is defined as exposure to loss or injury (Merriam Webster) –

  • What is the current level of risk based on taking no action?
  • What is the level of risk to the customers/clients, organization’s employees/consultants, and the community based on the organization’s plan for addressing the risk?

Policies, Procedures, Licensing, and/or Accreditation

Liability: is defined as a legal obligation (Merriam Webster) –

Organization’s Actions/Non-Actions

  • What are the organization’s potential liabilities as a result of taking no action?
  • What are the organization’s potential liabilities based on their plan of action?
  • What are the organization’s potential liabilities based on implementation of the action plan?
  • What are the organization’s policies, procedures and/or protocols for addressing the issue?
  • What are the licensing and/or accreditation requirements? Federal, State and Local Laws
  • What is the current level of risk based on taking no action?
  • What are the federal, state and locals regarding the issue? Stakeholders, employees, customers/clients and guardians
  • What are the views of the stakeholders, employees, customers/clients, and guardians?

Policies, Procedures, Licensing, and/or Accreditation

  • What are the organization’s policies, procedures and/or protocols for addressing the issue?
  • What are the licensing and/or accreditation requirements?

Federal, State and Local Laws

  • What are the federal, state and locals regarding the issue?

Stakeholders, Employees, Customers/Clients and Guardians

  • What are the views of the stakeholders, employees, customers/clients, and guardians?

Or

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