7 Steps to Manage Risks



_MG_4352We’re never going to be able to get around the fact that there are always going to be risks involved with sporting clubs and events.  What we can do though is limit those risks as much as possible.

This is a very simple process to help you identify, categorise and minimise your risks in 7 steps.

There’s even a Risk Management Template to download and use!

 

  1. Get a group of people from your club/event together and list as many different risks as you can think of.  Group them into similar risks, such as:
    • Facilities
    • Injuries
    • Weather
    • Finances
    • Membership/participation
    • Equipment
    • Volunteers
  2. For each of those risks, determine how likely it is to happen.  Is it likely to occur every six months, every few years or maybe once in a blue moon?
  3. Again, look at each risk and rate how serious the consequences would be if it were to occur.  Would it be pretty minor, have a moderate impact or be disastrous?
  4. Now you have how likely the risk is to occur and it’s seriousness, use the table in the Risk Management Template to assign each risk with an overall level of either low, medium, high or extreme.
  5. Create specific actions for each risk on what your club or organising group need to do to minimise that risk.  Also include how you’ll need to respond to the risk if it unfortunately does take place.
  6. Put everything into the one document using the Risk Management Template and assign volunteer roles and timeframes to each risk.
  7. As with any plan, ensure volunteers and staff are:
    • Aware of it
    • Can access it
    • Understand it
    • Using it
    • Reviewing it
    • Updating it

If you miss any of these aspects, it won’t be worth the paper it’s written on, but if you follow this process, there’s no risk that you’ll reduce your risks!

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