Preview

Ajs/562 Risk Management Paper

Better Essays
Open Document
Open Document
1570 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ajs/562 Risk Management Paper
Risk Management

AJS/562 Management of Institutional Risk and Critical Incident Management

Angelika L. Arnold

August 19, 2013

Erik Burks

Risk Management

Risks are a part of everyday living and each and every job no matter how big or small the organization or company. As petty as it sounds, when waking up in the morning there is a risk of tripping on a shoe or a pair of pants that were taken off the night before. When cooking breakfast there is a risk of burning the bacon, or forgetting to set the alarm before exiting the house. While at work there is a risk of saying something funny but may be deemed inappropriate to a co-worker. Every day individuals come in contact with minor situations that are often over looked until the
…show more content…
Risk can be explained in various ways, so long as it combines a hazard with the probability of a specified outcome or multiple outcomes. Risk is the product of a possibility of loss, misfortune or simply an accident and the probability that this hazard occurs. Police officers and fire fighters, for example have their own personal safety compromised on multiple occasions. This is why before becoming a part of a justice organization officers must go through rigorous training and exercises to ensure they are properly prepared in any situation they may encounter while protection themselves as well as the American people. Borum, Fein, Vossekuil, & Berglund (1999) discussed how police officials, workplace supervisors, school principals, and others who are approached with information about an instance of potential targeted violence must increasingly take action to gather information about the risk of violence and then attempt to resolve any problematic situation. If a police officer fails to properly manage that risk, the police officer may lose his or her life, harm an innocent person, or even put multiple people at risk in a single moment. Anytime failed risk management occurs an extensive report is performed that identifies what protocols were followed properly, what protocols were not, and what protocols may need to be improved. Similar to what risks occurred, was the plan of action followed and how can the losses be mitigated in this situation. As society changes, justice organizations also need to change with society. Security also needs to change with advancing technology security and technology both need to effectively plan risk management programs and apply it to each organization. Without risk management, protocols, safety instructions, rules, laws and regulations the world would not be able to properly function. The

You May Also Find These Documents Helpful

  • Satisfactory Essays

    iii.Install water saving devices such as native plants, tank, dual flush toilet systems, 5-6 star (WELS) dishwasher.…

    • 565 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Compute the risk score for each of these individuals using both theMissouri and Washington Risk Assessment models.…

    • 415 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Before going away to college, decide on whether you want to take your car. If you go to school in a big city, parking might be an issue. There are expenses that are involved with maintaining a car, and due to your studies, it might not even be affordable to have one.…

    • 441 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Unit 306

    • 820 Words
    • 5 Pages

    public ­ at risk by what you do or don't do in the course of your work…

    • 820 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Risks are an important part of…

    • 352 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Proj595 Risk Paper

    • 1690 Words
    • 7 Pages

    Risk is anything that can derail plans and keep a goal or mission from being accomplished. “Risk management is a discipline for identifying risks, assessing how serious or severe the risks are, and determining ways to address that uncertain future with a goal of avoiding or minimizing harm and financial losses” (Risk and Risk Management). Project management uses many tools to help with risk management but it’s also important to use risk management when making big life decisions, like making the decision to go back to school. There are many risks associated with going back to school that need to be considered. The need of further education and the investment of going back to school need to be considered. Not only that, but determining which school to go to and whether or not the degree will be beneficial after graduation need to be assessed. In this paper, we will explore the process of making the decision to go back to school and the risk management process associated with the decision.…

    • 1690 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    7.1 explain the risk and possible consequences for children and young people of being online and using a mobile phone.…

    • 425 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    How does the leadership and governance of a health care organization influence the development and implementation of risk-management and quality-management policies?…

    • 289 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    The following paper will be addressing the Risk and Quality management of one of the leading health care organizations in the world today and an organization whose benefits many of us have had the pleasure of experiencing: Kaiser Permanente, which is one of the most esteemed and flourishing organizations within the health care field. Kaiser Permanente provides and offers leading health care technologies, outstanding doctors, emergency services, laboratory needs, pharmaceuticals, and other hospital services among other things. They also have a very detailed and successful risk and quality management program which they enforce within their various organizations.…

    • 1780 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    (1888 PressRelease) To assist clients with risk management, client advisors must be aware of their clients risk perceptions.…

    • 466 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Project Management Article

    • 1120 Words
    • 4 Pages

    The Article I have chosen to summarize is titled “Life and Death” by Cindy Waxer and the same was published in the February 2013 issue of The PM Network Magazine, The article is on Risk Management planning and execution and its requirement before any type of risky operation.…

    • 1120 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    In today’s volatile and turbulent markets, supply chain vulnerability has become an issue of significance for many organizations. Supply chain become extensive and more complex as a result of global sourcing, continued trend to lean manufacturing, globally distributed operations, supply chains risk increases. The present challenge to corporation is to manage and mitigate risk through creating more resilient supply chains.…

    • 2328 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Today’s society has brought risk at each level of society. Risk is no long just in the corporate world, but within the criminal justice and security areas. Identifying and planning according to the risk within the justice and security areas is ever changing. Knowing the resources available is the first step to developing a plan to protect and service the public. The risk planning for justice and security is similar to what a security firm would do for a corporation, but on a larger scale. Law enforcement needs to put the risk in order of importance. When law enforcement is developing a risk management plan they need to accommodate for the cost of enforcing the plan. To balance the cost developers need to show the benefits and consequences of a risk management plan. Each one of these steps needs to occur if a risk management plan is to be effective.…

    • 1921 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    If an investor has an exposure to the price of an asset, he or she can hedge with futures contracts. If the investor will gain when the price decreases and lose when the price increases, a long futures position will hedge the risk. If the investor will lose when the price decreases and gain when the price increases, a short futures position will hedge the risk. Thus either a long or a short futures position can be entered into for hedging purposes.…

    • 3013 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Article on Risk Management

    • 1201 Words
    • 5 Pages

    2. Susser M. Causal thinking in the health sciences. New York: Oxford University Press; 1973:41-7.…

    • 1201 Words
    • 5 Pages
    Powerful Essays

Related Topics