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Risk Management

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Risk Management
Task1
7022-1
1.1 Explain the meaning of risk management to an organisation
1.2 Determine the roles and responsibilities for risk management at senior management level
1.3 Evaluate risk management models

Study the article in the link below and take note of the following: The four stages to risk management, the four main categories of risk and strategies for dealing with risk http://www.open.edu/openlearn/money-management/management/business-studies/managing-risks
With reference to your organization or one you are familiar with;
a. Identify the core operations of the business
b. List the types of disruptive events that can affect the normal running of the organization
c. Use the “bulletproof table” referred to in the reference text to analyse the risks associated with your core processes
Guideline word count: 500 words

a)
The discovery and promotion of youth sports talents through sponsored talent identification programs
Health care awareness through sports in cooperation with the ministry of health and the ministry of education
Establishment and development of sports facilities to suit the international standards and compete internationally - construct / manage / develop
Hosting events for youth and sports
Administrative management development for sports and youth bodies including regulations and policies
Creating Investment and Partnership systems with the clubs to help them generate money and not depend solely on the government
Qualifying sports personnel (players, coaches, administrators) from all aspects
Knowledge sharing at the international level to bring in best practices to the organization and its directorate
Develop a national identity of the sports and cultural representation internationally
To be involved actively in community health issues
Investment in the youth through education, training, etc.
Develop guide lines in Youth Welfare and have professional employees in the sports clubs and youth hostels to support youth

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