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Home » Archives » Managing Risks

Managing Risks

Managing Risks

Course outline

Every company small or large, is susceptible to risk in many different areas: operational, market, legal, environmental, reputational, brand, liability, financial, and property losses. Any of these can impact positively or negatively on a business. Most companies are, of course, concerned primarily with the type of risk that may affect them in a negative way.

What is Risk Management?

“Risk management” helps an organization to identify, evaluate, analyze, monitor, and mitigate the risks that threaten the achievement of the organization’s strategic objectives in a disciplined and systematic way (note the words “disciplined” and “systematic”).

Risk management is intentionally proactive, not reactive. It can be as simple as one crew member mentioning that a coworker needs to wear her safety glasses, or it may involve something as complex as a full asset allocation modeling of all of your company’s capital assets.

The Benefits of Risk Management

There are THREE major benefits of adopting a risk management system for your company.

Risk management enhances management, both in day-to-day and long-term situations. Knowing what might go wrong and how to deal with a situation lets you control the outcome.

Risk management systems streamline day-to-day operations. Employees who know the proper procedures and policies are better able to do their jobs safely.

Risk management improves financial management. Losses, lawsuits, and injuries all cost money and risk management help your company avoid these costs.

Working in the cleaning industry most of your client decision are based on risk. Some of the question your clients asking about their cleaning company include.

Financial – do they have the financial resources to do the job properly?

Are they offering value for money?

Health & Safety – do they have processes and procedures in place to manage workplace risks

What workplace training do they provide staff

Legal – do they have insurances and procedures in place to minimise legal risks

Security – do they have appropriate employee procedures including recruitment procedures to manage staff security. How is this management, monitored and records stored? This could also include staff turnover and staff induction processes.

Environmental – related to chemicals ands equipment most appropriate for the job. This can be more that just one size fits all. What are the specific site requirements, what have been observed on the site tour and what could be improved upon with better chemicals and equipment? Also consider the impact of indoor air quality (indoor environment) on chemicals and equipment proposed for a cleaning site

Brand/Corporate – company reputation and references are extremely important

Personnel – type of people targeted for employment. Are they citizens/residents or mostly overseas students? Explain practices for each, particularly in relation to training, security and staff turnover.

Remember your client selects a successful cleaning company based or a process of elimination or risk. Understanding and planning risk is therefore extremely important for success in the cleaning and building services industries.

When you finish this course, you will have an understanding of the following concepts and ideas:

  • Establish risk context
  • Legislation
  • Identify risks
  • Analyse risks
  • Select and implement risk treatments

This course can be completed with a number of different outcomes including:

  • As a standalone non-accredited course (which to you have enrolled in) and will receive a Certificate of Completion from Daniels Associates
  • As an accredited course by completing and submitting an additional downloadable assignment. Which can be found at the end of this course.

There is an additional course fee of $125 to complete the course as the accredited unit of competency: BSBRSK501 Manage risk

  • You can only complete this as an accredited course as part of your Certificate IV in Cleaning Management CPP40416. See information on the Certificate IV in Cleaning Management below.
  • Alternative you can complete the additional assignment as a learning activity for which there is NO additional cost.

Click here to enrol : https://hia.energe3.com.au/

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