StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Risk Management Program - Assignment Example

Cite this document
Summary
Risk management program Name College Course Date; Managing system change is a process of evaluating, planning, and implementing operations and strategies and ensuring that the change is worthy and relevant to the organization. Managing a system change is normally a complex process which involves a combination of both technology and people oriented solutions…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.7% of users find it useful
Risk Management Program
Read Text Preview

Extract of sample "Risk Management Program"

Download file to see previous pages

Before starting to implement change as a manager, I should ask myself the following questions, what need to be achieved through this change, how will I know that the process has been attained, who will be affected by this process and when change occur how will they react. To proactively manage system change, the following principles should be applied; developing a plane, supporting it, regular communication with the affected people, and involving the main people. The first step should be to involve the key people.

This involves top management and other executives whose employees might be affected. The second step is developing a plan that will oversee effective transformation. The plan will define the roles of the main people involved at the same time putting down the short and long term objectives required for changes. This plan should also be flexible to accommodate any occurrence since change is unpredictable. The third step is supporting the plan. The main purpose of this step is to enable employees adapt the changes made; this is because the new structures might require training or hiring other employees.

The last step occurs through the process. This involves free communication with the employees frequently about what is happening, why the occurrence is being carried out and how they are developing is significant. Since change can instill fear on the employees, increased communication will be used to remove the fear and encourage their consistent support. As a manager, I should be always around to take suggestion or respond to questions that might arise from the employees. Coming up with employees opportunities to provide they suggestions like holding meetings will facilitate change better.

Plans, policies and procedures in an organization ensure that duties and services are carried out in a consistent manner. To create a risk management policy, there are some guidelines that need to be followed; these include the purpose of the policy, how it will be implemented, it should be in compliant with the federal, provincial and municipal regulations, and should be documented in writing. In creating a procedure, step by step instructions are created on how to carry out the significant task.

Also the supervisor should be contacted if the employee wants to go beyond the given task. Transparency in an organization is important since it ensures efficient running of an organization. To have a transparent organization, as a manager, I should close the perception gap between the senior leaders and lower managers. I should also put in place a mechanism that ensures that there is proper communication between different parties to ensure that vital issues are communicated. And as manager, incase I encounter disappointing things; I should treat employees as adults with respect.

A risk management plan is a document that is created and it outline how the risk management process will be organized, the phases it will have, the way it will be carried out and those who will be involved. The following steps are followed in designing a risk plan; one is making a list of potential risks. Everything should be documented include the small things. All the categories of the project should be listed and every risk should be evaluated. For example if it is a cost category, the factors that may raise the cost should be determined and listed.

The second is

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Risk Management Program Assignment Example | Topics and Well Written Essays - 750 words”, n.d.)
Risk Management Program Assignment Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/business/1449351-week
(Risk Management Program Assignment Example | Topics and Well Written Essays - 750 Words)
Risk Management Program Assignment Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/business/1449351-week.
“Risk Management Program Assignment Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/business/1449351-week.
  • Cited: 0 times

CHECK THESE SAMPLES OF Risk Management Program

Implementation, Strategic Controls - Online State of the Art Educational Portal

With an increasing population the demand for education is increasing significantly.... This provides a good option for a business venture.... According to Nykiel (2003) this venture has a 70% possibility of making a… However, the physical institution competitors are increasing each and every day....
5 Pages (1250 words) Essay

Police Officers Injuries

What benefits should the police officers derive from the health and safety program?... The police officers' department is a unique career in every country, which entails the involved personnel to interact with a wide range of different people under unpredictable conditions.... Most researches have concluded that law enforcement officers face many challenges and… Such injuries are from motor vehicle crashes, firearms, as well as other traumatic events such as fighting with terrorist groups (Ball 45)....
14 Pages (3500 words) Essay

The Business Risks of Fraud

Apart from an enterprise resource planning application for detection on a large scale, the fraud Risk Management Program included written policies on what was expected of senior management by the board of directors regarding fraud risk.... This response was in recognition that adequate internal controls and auditing were key elements in fraud deterrence initiatives and that upper management and accounting personnel committed 50 percent of the occupational fraud....
1 Pages (250 words) Essay

Risk Management table

Security risk management: Building an information security Risk Management Program from the ground up.... The team applied a significant set of risk management considerations in the process of ranking the probability and impact of the different types of information security threats to an organization (Wheeler, 2011). It is vital to note that, in the final ranking, major emphasis… This is because; it is the impact that defines how a particular threat can affect the confidentiality, integrity and day-to-day availability of the organization resources (Wheeler, risk management The team applied a significant set of risk management considerations in the process of ranking the probability and impact of the different types of information security threats to an organization (Wheeler, 2011)....
2 Pages (500 words) Essay

How the tiger got his stripes

Therefore, it collaborates with partners from the private sector in guaranteeing that they establish a Risk Management Program and plan that is geared towards the protection of information technology, ensuring the continuity of the business, and guarantees maximum security.... It also leads in risk management in order to protect the critical infrastructure against issues such as terrorism....
3 Pages (750 words) Assignment

Elements of a risk management program

In the healthcare organization context, Risk Management Program entails reviewing of areas of potential or actual risk sources as well as liability related to staff, patients, property, patient and visitors.... With time other entities such as those of ambulatory care, long-term care began to implement Risk Management Program since they realized its value (ASHRM, 2009).... This paper will analyze ways of presenting a healthcare Risk Management Program to new employees especially, evaluate its acceptance and compliance and suggest recommendations on the same....
4 Pages (1000 words) Term Paper

Risk Management Program for Healthcare Organizations

As a chief executive officer, the organization seeks to redefine, centralize, and streamline the current Risk Management Program.... The author states that gaining control on medical risks is among the top priorities for healthcare organizations and the Compliance 360's risk management solution is an ideal proposition which will go a long way in assisting the organization to coordinate key elements of each department … The author concludes that the compliance program will basically enable the effective coordination of all organization's activities through centralized functions....
6 Pages (1500 words) Term Paper

Aviation Safety Program for Commercial Airline or Government Agency

It is in this context that governments around the globe are framing rules and developing safety management guidelines to improve aviation safety.... By 2000, the FAA set up the Safety management System to develop and implement a comprehensive policy on aviation safety taking various factors into account that affect the aircraft's performance both in the air and on the ground.... It required that all member states should have a comprehensive SMS (safety management system) in place to handle aircraft....
9 Pages (2250 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us