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Risk Management Process

The Risk Management Department is excited to announce our series on the risk management process. This series of articles was designed just for our members. Each article will help you develop a risk management process for your organization that is easy to understand. From July 2023 to April 2024, each of our quarterly newsletters will explore a different process that will provide information to help reduce your liability and increase the safety of your district

Over the next few months, we’ll discuss risk assessments, controls, implementation and follow-up. Be sure to check out the descriptions below and be sure to read the newsletters as they are published. After we publish these articles, the links will become live for you to review.

  • Risk Assessment will discuss who to involve in your assessments, identifying and prioritizing exposures, identifying your risk tolerance and discovering the importance of risk assessments.
  • Controls takes into consideration that you identified concerns during the risk assessment and now we will discuss four options for putting risk controls in place to help mitigate those exposures.
  • Implementation will address areas such as creating plans, implementing the plan and ideas on how to analyze, reevaluate and assess to ensure effectiveness.
  • Follow-Up will address the importance of following up on areas identified for improvement and will provide some ideas and best practices of how to do it effectively.

We hope you will find these articles helpful to your risk program. If you have any questions regarding your program or if you would like assistance from us, please reach out to the risk management team at 800-285-5461 or riskmanagement@sdao.com.