August 14, 2009
“Risk varies inversely with knowledge”
Anyone providing training and education programs should take a look at this news story:
http://news.ninemsn.com.au/national/849051/woman-sang-before-fatal-fall-inquest
This story brings home the importance of Risk Management in not just the Personal Development industry but every business.
I cannot stress enough the importance of Risk Management in your own business. You may consider that your business is too small for this. Even if you are the only staff member and you have only one client, there is a risk involved.
How much do you value the investment you have made into your business?
Then more importantly how much do you value the custom that your client entrusts you with?
Create a Work Method Statement for yourself in a session and at an event.
Establish an Induction procedure for your clients at each session and event.
Develop a Risk Management Policy that covers every business activity.
Train your staff – facilitators and volunteers – even your administration staff.
Upgrade annually.
Research your Liability Insurance options thoroughly.
“The risk to be percieved defines the duty to be obeyed” – Benjamin Cardozo
None of this stuff is difficult – common sense – you manage risk every day anyway in your day to day life. When you hit a brick wall, there are a variety of tools you can use – The Demartini Method® or the COTE TALES system™ – do what you can and just keep going. Risk Management is all about seeing both sides and detailling every step involved in your enterprise activities. Those trained in either of those methods I have mentioned above have been trained well in drilling down to detail and asking relentless questions – so you can easily do this!
Make a commitment to your business, yourself and your clients. See both sides – do a The Demartini Method® or the COTE TALES system™ on the legislation. Be clear with your intention and those of your clients by designing agreements and disclaimers in accountability and compliance to whatever laws govern your enterprise.
Enjoy this exercise and where it takes you!
“The first step in the risk management process is to acknowledge the reality of risk. Denial is a common tactic that substitutes deliberate ignorance for thoughtful planning” – Charles Tremper
http://news.ninemsn.com.au/national/849051/woman-sang-before-fatal-fall-inquest
This story brings home the importance of Risk Management in not just the Personal Development industry but every business.
I cannot stress enough the importance of Risk Management in your own business. You may consider that your business is too small for this. Even if you are the only staff member and you have only one client, there is a risk involved.
How much do you value the investment you have made into your business?
Then more importantly how much do you value the custom that your client entrusts you with?
Create a Work Method Statement for yourself in a session and at an event.
Establish an Induction procedure for your clients at each session and event.
Develop a Risk Management Policy that covers every business activity.
Train your staff – facilitators and volunteers – even your administration staff.
Upgrade annually.
Research your Liability Insurance options thoroughly.
“The risk to be percieved defines the duty to be obeyed” – Benjamin Cardozo
None of this stuff is difficult – common sense – you manage risk every day anyway in your day to day life. When you hit a brick wall, there are a variety of tools you can use – The Demartini Method® or the COTE TALES system™ – do what you can and just keep going. Risk Management is all about seeing both sides and detailling every step involved in your enterprise activities. Those trained in either of those methods I have mentioned above have been trained well in drilling down to detail and asking relentless questions – so you can easily do this!
Make a commitment to your business, yourself and your clients. See both sides – do a The Demartini Method® or the COTE TALES system™ on the legislation. Be clear with your intention and those of your clients by designing agreements and disclaimers in accountability and compliance to whatever laws govern your enterprise.
Enjoy this exercise and where it takes you!
“The first step in the risk management process is to acknowledge the reality of risk. Denial is a common tactic that substitutes deliberate ignorance for thoughtful planning” – Charles Tremper
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