Risk assessment is a primary management tool in ensuring the health and safety of workers (and others) is in fact a legal requirement for employers and some self-employed people. Understanding risks is the first step in creating a business plan, strategies, procedures, processes and informed decisions. Organizations that ignore the concept of risk are likely to face more challenges than usual and reduced productivity. Therefore, proper risk assessment and management is essential to avoid any unpleasant surprises.
Every business faces a certain risk to achieve its quality goals. We can say that risk is the basic condition for development, growth and profitability. But you should know the different methods you can use to deal with the risks and succeed.
Read more in the PDF file below
