Internal Controls - Controlling Risk in the Workplace: The Manager's Role
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Chapter 2: Workplace Risks - Should You Be Concerned?
Risk is anything that could keep you and your staff from
what you are trying to accomplish.
Often when you hear the word "risk" you think of danger, damage, or injury, but risk is not always dangerous. Risk is anything that could prevent you and your staff from getting the job done right. These can be anything from missing a deadline, incurring a penalty, or being out of compliance with laws, rules or regulations. Risks can also include safety concerns like slips and falls to more complex issues like stealing or dishonesty.
Your role as a manager is to be acutely aware of all the risks your department faces, and to actively manage those risks, because these can stand in the way of your department successfully fulfilling its mission.
Risks are things that can keep us from our goals. Risks in the workplace include loss of money or resources, inaccurate or loss of data or information, lack of timeliness, duplication of work, negative customer reactions, or negative publicity. Risks can also be missed opportunities.
Copyright 2014
New York State Governor's Office of Employee Relations