Risk Management Through Effective Risk Term Paper

PAGES
1
WORDS
408
Cite

In addition to potential lawsuits, albeit, risk managers need to effectively counter potential and actual risks related to financial losses. These may accompany acts of vandalism, poorly written contacts, as well as damaged and/or stolen equipment. Accidents in the facility's parking lot that occur due to poor lighting constitute more reasons for effective risk management. An additional concern relating to the strength of the facility's bleachers is reflected in the newspaper headline "Overloaded Bleacher Collapse Killing One and Injuring Over 200." As noted as this research segment's start, identifying...

...

Nevertheless, once potential and existing risks are identified, no matter how valuable the plan for risk management may appear on paper, unless employees know how to effectively implement that plan to manage risks, it may prove to be virtually worthless and potentially dangerous.
REFERENCE

Cotton, D. & Wolohan, J.T. (2003). Law for Recreation and Sport Managers. Kendall Hunt.

Retrieved July 23 from http://www.google.com/books?id=YO80DTGw1MEC&dq=Law+for+Recreation

and+Sport+Managers,+4th+edition.&source=gbs_navlinks_s

Sources Used in Documents:

Cotton, D. & Wolohan, J.T. (2003). Law for Recreation and Sport Managers. Kendall Hunt.

Retrieved July 23 from http://www.google.com/books?id=YO80DTGw1MEC&dq=Law+for+Recreation

and+Sport+Managers,+4th+edition.&source=gbs_navlinks_s


Cite this Document:

"Risk Management Through Effective Risk" (2009, July 25) Retrieved April 19, 2024, from
https://www.paperdue.com/essay/risk-management-through-effective-risk-20353

"Risk Management Through Effective Risk" 25 July 2009. Web.19 April. 2024. <
https://www.paperdue.com/essay/risk-management-through-effective-risk-20353>

"Risk Management Through Effective Risk", 25 July 2009, Accessed.19 April. 2024,
https://www.paperdue.com/essay/risk-management-through-effective-risk-20353

Related Documents

Leadership Management Effective Approaches Leadership Management Different personalities practice different management styles, while different management styles are suited to different personalities. It is very important for a manager to make sure that their employees are motivated and their work rates are up to the mark. The employees of any organization need to be motivated in order to maintain a fair attendance at the office along with enough motivation that employees would

Risk Management Applications in Hospitals The concept, usage and learning of risk management phenomenon are important for all institutions in healthcare industry. The most important purpose of risk management in healthcare industry is learning from errors, it is these human errors that pave the way for us to learn prepare and not repeat these errors again. These errors can lead to a medical incident and the learning from them occurs when these

Risk Management in Corporate Governance: Corporate governance can be described as the control system that is designed for the purpose of evaluating the company's operations and the potential conflicts of interests between various stakeholders of the organization. The achievement of the significant goals of corporate governance requires the use of a board of directors as one of the vital mechanisms. The board of directors plays a critical role in corporate governance

Managing the Effectiveness of the Audit Process Mission and Objectives of the International Audit Department Stakeholders The IAD stakeholder power-interest grid The Audit Process Objectives, Scope and Approach of the Research Purpose and Mandate Resourcing Competency Development Sustaining People Excellence Tools and Technology Knowledge Management Operations Quality Governance People Infrastructure and Operations Japan Tobacco International (JTI) is an international tobacco business that is operated by Japan Tobacco Inc. Japan Tobacco Inc. is the third largest player in the international tobacco industry with a market capitalization of 32

Management Skills Required for a Security Manager Management is a wide field of knowledge important to everyone at any particular point. Management is not only important to organizations or companies but also to individuals in their day-to-day activities. Individuals require management skills to manage time, finance and expenditures in daily aspects of life. Management is a necessary tool that enables one to carry out activities in an orderly and organized manner.

Management vs. leadership in nursing Managers and leaders, though they are often thought to mean the same thing, are actually different people in an organization. Managers are involved in controlling and guiding the activities in the organization through effective supervision and handling while leaders are those who motivate their followers towards meeting a common goal. There are also significant differences in the characteristics and behavioral descriptions of managers and leaders. However,