risk management it’s our business
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Risk Management It’s Our Business. District Workshops 4-H Youth Development 2006. What is Risk Management?. The process used to protect assets by minimizing the potential for negative outcomes. - PowerPoint PPT PresentationTRANSCRIPT
Risk Management It’s Our Business
District Workshops 4-H Youth Development
2006
What is Risk Management?
The process used to protect assets by minimizing the potential for negative outcomes.
“Risk” is the uncertainty about a future event that threatens your organization’s ability to accomplish its mission.
The unexpected things that can happen to the participants, spectators, the properties and reputation of Cooperative Extension.
When We Pay Attention to Risk Management Issues…
It becomes an important educational component of our work, focusing on safety and prevention.
Participants can focus on learning in a safe, comfortable environment.
Practicing good risk management allows us to focus on achieving our mission.
Important Risk Management Terms
Terms
Liability:Liability: Legally bound or responsible. Something for which one is liable; an obligation, a responsibility, or a debt.
Forms of Liability Negligence
Failure to use that degree of care which an ordinary person of reasonable prudence would use under the given or similar circumstances.
Assault and batteryThe threat to use force upon another and the carrying out of the threat.
False arrest and imprisonmentFalse arrest is an arrest not justifiable under law.Imprisonment is to put in or as if in prison; confine.
Invasion of privacyTo encroach or intrude upon personal information or space of an individual that is not open to public life; violate.
Forms of Liability
DefamationDefamation is a legal action based on an intentional or reckless public false statement that injures another person's reputation.
LibelA written statement about someone which is personally injurious to that individual.
SlanderA spoken statement about someone which is personally injurious to the individual.
Violation of constitutional rightsTo break, intentionally or unintentionally, the rights guaranteed to individuals by the United States constitution.
Risk Management Process
Phase 1:Risk Analysis
Risk Identification Evaluation & Measurement
Phase 2:Risk Response
Risk ControlFinancing &
Communication
Phase 3:Risk ReviewMonitor and
Evaluate RiskPlans
Terms – Risk Management Strategies
Reduce:Reduce: To lessen in extent, amount, number, degree, or price. To gain control of.
Avoid:Avoid: Taking steps to remove a hazard, engage in an alternative activity, or otherwise end a specific exposure.
Terms – Risk Management Strategies
Transfer: Transfer: Shifting all or part of a risk to another party. Insurance is the most common method of risk transfer, but there are other means, i.e. hold harmless agreements.
Assume: Assume: To take upon oneself; undertake
Liability Coverage - Staff Employees have liability coverage,
providing: The duties fall within the scope of your
position Office weekly schedules/calendars need to
be completed Supervisors are notified within a
reasonable length of time of a pending action
Liability Coverage - Volunteers In most situations,
the volunteer’s personal home owner’s insurance and automobile insurance is considered primary liability insurance
Liability Coverage - Volunteers A majority of Wisconsin counties are insured
through one of two mutual insurance companies: Wisconsin County Mutual Insurance Corporation Wisconsin Mutual Municipal Insurance
Corporation Both companies provide secondary volunteer
liability coverage at no additional charge, provided procedures are followed.
Volunteer and Member Accident Coverage
Primary accident insurance is highly recommended.
It can be purchased reasonably for individual 4-H events or for a full 4-H year: American Income Life Insurance is an
example. Note: this is accident insurance, not liability
insurance
What is My Role?
Staff Role
It is up to staff and volunteers planning the program or event to develop a risk management plan
When concerns arise, this might include getting assistance from the county or university who have people in place to provide it.
County Government
Usually a person is identified as the risk manager
Ask your Department Head to identify
this person
Protocol will vary from county to county
UW-Extension
Contact District Liaison or Assistant State Program Leader with questions
Dan Malacara serves as Cooperative Extension’s contact for risk management questions [email protected] 608-263-7941
Resources
University of WI System Office of Safety and Loss Prevention/Risk Management – http://www.uwsa/edu/oslp/rm/ Field Trip Waiver Consent for Medical Administration and
Treatment/Health History Questionnaire General Incident Reporting Form
Resources
Non - Profit Risk Management Center – http://nonprofitrisk.org and tools at http://nonprofitrisk.org/tools/tools.htm Publications, tools, resources,
professional development opportunities, advice
Resources UW Extension 4-H Youth Development –
http://www.uwex.edu/ces/4h/resources/mgt/risk.cfm Risk Management Guidelines Links to State Statutes Q & A regarding risk management and insurance Streaming audio of recent risk management and
insurance Wislines Links to other resources