Risk And Control Self Assessment

The safety aspect for risk management will evaluate the potential for human loss of life and or injury. The potential for major incident or accident, such as fire, explosion, or spill, including environmental damage. The necessity for security within the company is a highly need aspect of safety that can lead to risk. The revenues aspect for risk management will evaluate the loss of customer base, recovering of capital loss and recognizing uncoverable capital loss, and loss of opportunity in marketing of the product. The necessity for revenue risk management is key. The costs aspect for risk management will evaluate the costs that were incurred due to preventable problems. Also, costs due to increased warehouse space, vendor changes, and discount changes. A significant risk in cost for this company is the cost of legal defense. The legal aspect for risk management will evaluate regulatory compliance failures and actions that could result

3.4 summarise the types of risks that may be involved in assessment in own area of responsibility.

The reason the investigation was conducted was to gauge what was both good and bad about the new café opening, what needs to be changed in order to increase efficiency at work and any legislative laws involved.

Risk analysis is an integral part of data safety within an organization and the analysis is vital to the mission and success of an organization. Risk analysis is used “to identify threats and then provide recommendations to address these threats” (Taylor et al, 2006). Risk analysis encompasses not only the equipment and programs used in an organization but also covers the culture, managerial, and administrative processes to assure data security. A key factor in risk analysis is to have a good Information Resource Management Plan.

Risk Management issues are often handled at the facility where the problem(s) exist. One of the duties of Risk Manager’s is to communication and collaboration between departments within an organization in question. In addition, to sinking risks, and cutting costs in order to promote process efficiency .By analyzing incident reports is one way to correct current problems, and future problem areas. Risk managers are also responsible for certain criteria that must be met in order for full participation in certain government and state reimbursement programs ("World Health Organization," “n.d.”). Risk Management is a structured approach to managing improbability, related to a risk, through a structure of human interaction.

Assessment activity 6: Document critical success factors, goals or objectives for area included in scope

Over the quarter, I have completed 14 self-assessments that have opened my eyes to who I perceive myself to be and how this can affect my future career path. All 14 of these assessments focused on an aspect of my personality that is embedded and seen in how I view situations and how I conduct my daily life. I took the self-assessments very seriously and asked my family members and current housemates for feedback throughout this process. Some of these assessments confirmed my personal thoughts on the matter and few of the assessments opposed and revealed new qualities about myself that I had not thought of. Overall, this was a revolutionary experience and I would suggest thing process to anyone who wants a clear vision of him/herself.

Being able to self-assess will help me increase my critical thinking skills as well as helping me make better decisions in life. Self- assessments encourage me to learn new concepts about myself. I really liked taking these assessments because it lets you know exactly where you lack at and what your strengths are. As said in the recognize what new tasks and subjects i need to put a little more time in. Applying this information to my professional life is going to help me make responsible decisions when i'm working. Also while i'm working in a restaurant it helps me to work with diverse people. So in my personal life and in my professional life in going to work smarter not harder as i read in the orientation packet unit 2. Learning that self-assessment

I am the manager at Winn Dixie Logistics. My organization is responsible for the management of six distribution warehouses located in Baldwin, Jacksonville, Orlando and Miami, Florida; Hammond, Louisiana; and Montgomery, Alabama. Our transportation experts oversee our supply chain and ensure that products are delivered safely and on time to more than 480 stores throughout the Southeast. Timely and high-quality delivery is essential for the company to function. Food products are often very tricky to ship and the company must meet both legal and company-specific standards. For every potential order, a wide variety of elements can go wrong, spanning from spoilage to damage to delays, all of which make the final product unsuitable, resulting in potential losses for the company and disappointed customers.

Score of four or five: This behavior is a high-risk behavior. You are potentially putting yourself, others, or property at risk. There could be physical, emotional, financial, or legal

Currently, several approaches are in use to assess the risk of compounds which are genotoxic and carcinogenic. One of the approaches advised by European Commission is using as low as reasonably achievable (ALARA). However, no risk manager to set priorities for action concerning the urgency was provided (25). Since data on genotoxic and carcinogenic potency from human are rarely available, data from animal study exposed to high dose levels of compound are often used, which then extrapolated using a wide range of models to the lower doses in which human are exposed. Nevertheless, the models to extrapolate the dose often resulted in different conclusion for the same compound. Therefore, the margin of exposure (MOE)

After doing this self-assessment my highest scores were Employing independence and master self-management. I did not have any scores that were higher than a 64 so I did not have an area where my choices will usually keep me on course. I can understand how I got the interdependence score when I am in trouble I there is always someone around who can help me. I would not necessarily agree with the self-management. I am organized and planning all the time for what I have to do next, but it is not necessarily going toward my goals and dreams it is just how I learned to do things. None of these high scores really surprised me I know that I am organized and I also know that when I need help and I do not like to do things alone.

This semester I plan to use my resources to earn the best possible grade I am able to. There are many techniques that can be used to make sure you get the grade you want. I plan to take responsibility for myself and do the work I need to do to get what I want. Responsibility is the key to success if you can’t be responsible you won’t get anywhere in life. Part of being responsible is making sure you go to things you need to go to, so I plan on going to every class possible. You won’t know what is going on in class if you don’t show up, which could easily lead to a bad grade.

A Control Self Assessment program, or CSA, is a technique used by management in order to assure key stakeholders that the company or organization’s internal control systems are effective and reliable. Within the Control Self Assessment program managers confirm the effectiveness of the internal controls that are in place by performing effectiveness tests that certifies that key controls are working properly. Once effectiveness testing has been completed, managers are able to detect and eliminate misstatements of material amounts if applicable.

A company under several operations controlled by a litigious society faces challenges on the safety on the employees. The operations handled by the employees are of uncertain risks. Consequently, the company has to look for a way of covering and compensating the employees under the circumstances. A well formulated risk and safety program with effective and efficient functioning must be implemented. The challenges faced on the event of the operation must be fulfilling to the employee and employer. Moreover, the issues solved through the program has to be evaluated using a well-structured and a strategic manner.