Risk Management

Risk management is the process of identifying, assessing and controlling risks in order to protect the assets and financial resources of the club and its members. 

Clubs must adopt appropriate risk management practices to identify, treat and prevent risk/incidents from occurring.

All clubs should have a risk management system in place and include:

• Risk Management Policy: detailing the club's commitment to risk management.  
• Risk Management Plan: outlining the level of risk, treatments and actions undertaken to mitigate risks and the risk tolerance levels the club is willing to accept.
• Policies and Procedures Manual: includes a summary of key governing documents to manage and implement risk management. 

Effective risk management is achieved when practices are integrated into the decision making processes of the club, operational planning and business culture.

Click here for further information on developing your risk management policies and plans.