Workplace Risk Management: Identification, Tools, and Context Analysis

This assignment provides a comprehensive overview of risk management, focusing on the identification of risks in various workplace contexts. It defines risk management as a proactive process to identify and manage potential threats, maximizing opportunities for success. The assignment explores different risk contexts, such as reputation, competition, and financial risks, emphasizing the importance of managing these to maintain customer satisfaction and business stability. It also details various risk identification tools like brainstorming, root cause analysis, and SWOT analysis. The assignment differentiates between internal and external risks, highlighting their impact and control mechanisms. It concludes by emphasizing the importance of documenting and addressing potential risks for effective risk management. Desklib offers additional resources and solved assignments for students seeking further assistance.