strategy

Strategy

Without a strategy for the way ahead, you will probably get lost or, at the very least, end up going around in circles.

Management

Health and Safety

The governing body of your organisation should review the safety statement annually...

Health and safety is one area where the legal obligations for managing risk are particularly demanding. Under the Safety, Health and Welfare at Work Act 2005 every employer is required to prepare a safety statement for the workplace.

This statement should:

Insurance

Remember though that insurance will not cover you for circumstances like getting into debt, defamation or breach of contract

However small or informal your organisation, insurance is a must. It is also a crucial way to minimise the risk to your organisation.

Risk Checklist

 Do you have adequate systems in place to manage risk?

 Use the following questions to figure out your organisation's current level of risk:

Risk Management

Does your organisation have procedures in place to comply with employment, equality, and health and safety legislation?

Risk is a situation involving an exposure to danger. You should approach risk management positively, as part of the day-to-day management of the organisation, for it does not just identify threats, it also provides opportunities for improvements.

Threats and opportunities

Most risk can be anticipated and therefore planned for, for example:

Internal Policies and Procedures

Deciding policy is only the beginning...

Policies provide a framework within which an organisation makes choices about how it operates and so can either help or hinder the implementation of the strategic plan. Organisations may have policies on any number of topics, for example:

Strategic Planning

Do not assume that there will be agreement on where the organisation should head in the future

Reasons for planning

Planning is vital, yet people find all sorts of reasons for not doing it! If there are new demands on organisations (for example, pressure on resources, awareness of unmet needs, political or legislative changes) many try to respond immediately.

Do not assume that there will be agreement on where the organisation should head in the future

This can lead to wasted energies, haphazard developments and conflict. Even when plans are made, they are sometimes not implemented, or the impact of the plans is not evaluated. Remember that planning is a means to an end and not an end in itself.

Managing Risk

Community, voluntary and charitable organisations are not immune from risk - indeed some level of risk is unavoidable.

By properly managing risk, an organisation can fulfil its potential and the negative effects of hazards can be reduced...

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