The Importance Of Venture Management

a) Meeting and Communication Plan: How often will you meet, and by what methods? How will you communicate between meetings and distribute agenda items, follow-up items, or other required communication?

Due to the high rate of illnesses, accidents and injuries in the industry, the organization further developed a hazard recognition program. This was greatly supported by the directives and the standards the organization drafted. The organization also set a safety and health program. This mainly depended on the credibility of management’s involvement in the program. This program provided for the inclusion of the employees in the program. The program also provided for the inclusion of the employees in the different decision making processes such as the safety and health decisions. The employees were also to be included in the decisions that involved change in the work site practices and conditions. The program addressed hazards despite failure by the government standard to regulate it (Brain Mass, 2010).

Organisational safety management implies that disasters happen out of a complexity of intermingled reasons but not due to technical factors alone. Proper event management is a

c. Hazard in connection to work – HR organization, budgetary operations, OHS, stock system, neighbourhood organization and consistence issues.

A new venture takes creativity, motivation, spirt, and capital. The beginning of any venture begins with analyzing ones financial markets and how best to place the vested capital to continuously have the company grow. In many aspects one may purchase an already established business, in this case the understanding of how the loan process works is imperative. One may purchase a building and start a business from the ground up, in this case one will also need to have a great understanding of how mortgages and lending works as well. Many lenders will look into the financial market of the business before considering a loan of any type. In this case good solid numbers and record keeping is important. Understanding that a financial market is based on traders who buy and sell stocks, bonds, derivatives, foreign exchange and commodities (Amadeo, 2015). Successfully analyzing and investigating all financial resources is crucial.

Holden company is a worldwide producer and wholesaler of engine vehicle, motors, accessories and parts. Company and GM all inclusive, seeing Australia as configuration focus of magnificence and a critical springboard into the developing Asian markets.In spite of their Australian market victories, Company understood that to finish on the worldwide sytage they have to move to a higher plane of initiative and coordinated effort. Basically, Company wished to have an extraordinary official group, with astounding individual abilities additionally the systems to draw in viably as a group, to acknowledge vital business goals.

Providing information, education, training and supervision on the hazards, risks and controls to employees, contractors, and stakeholders

Situational hazards are known as unsafe conditions which exist when proper measures are not taken by company officials, for example, management not providing proper safe equipment. There are many

A hazard is the potential to harm life, health, property or environment and a risk is the chance of harm as a result of a hazard, sometimes these can be hard to identify but there are many ways to ensure you minimise injury or illness to workers in an organisation. Safety inspection is usually the first way of identifying a hazard which is having a safety representative to look around and ensure everything is safe. PCBUs’ and officers should look over any previous incidents or near misses to see if there are any hidden hazards. They should encourage all workers to report anything they feel is potentially dangerous and if something does result in an injury (minor or major) to report it straight away so they can have a look at it. A risk is the

there's no effective means to enforce fishing bans. To improve the odds of success, Blue Ventures is rewriting the

The operational hazard profile and control condition is surveyed by business administration through particular gatherings which cover administration, hazard and control. Organizations are required to report their operational dangers on both a consistent and an occasion driven premise. Key indicators (KIs) allows Barclay to monitor its operational risk profile and let management know when risk levels go beyond acceptable ranges and make timely decision. The Group recognizes and assesses all risks within every business and evaluates the key controls to mitigate those risks. These risk assessments are checked regularly for assurance of businesses understanding the risks they

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.

This risk management process should be delivered to all employees via training. This process should train personnel to identify any hazards that may be present in the work area and should equip employees to appropriately manage the risk. Hazard reporting is conducted through dedicated safety software and remedial action

Our textbook taught me that a hazard is an event or incident that has the ability to bring danger or harm to that area (Haddow, G., Bullock, J, & Coppola, D. 2014). This hazard usually requires a response by emergency services such as police and fire departments or Emergency Medical Services. A good example would be a power outage in a particular area. The most typical need during this time would be the Police Department. The Police can protect property from looters which would be one identified risk from that hazard. Another need from the police would be traffic control for automated traffic lights that were out from the power outage.

Here the entrepreneur is involved in every aspect of the business, ranging from staff communications, customer relationships and up to the supplier and always sees that all the interactions with all stakeholders’ yields good positive results which will make his business a success. The entrepreneur oversees all the points of contacts so that all results in maintaining the warm relationship with those that bring business to the enterprise.