•Avoiding a Can of Worms: Basic Risk Management

Presenters

• Patricia McGlaughlin• Extension Specialist • 4-H Youth

Development• patm@illinois.edu

• Sheri Seibold• Extension Specialist• 4-H Youth

Development• sseibold@illinois.edu

Worm Assessment

Risk Management Lesson Objectives

• Recognize the importance of risk management.

• Understand the basic terms & principles involved in managing risks.

• Use a process for identifying, analyzing, and managing risks.

• Develop a risk management plan.

Wormwood Definition Quiz

Risks

• Acts or situation which allow the possibility for harm or loss.

Risk Management

• Protecting assets by minimizing the potential for negative outcomes.

Assets

• Things of value held by a person or organization. – Asset 3 P’s

• People• Property• Perpetuation

Due Care

• Identifying a potential problem and trying to avoid it.

Assumption of Risk

• Exposing yourself to a risk you know about.

Liability

• A state of being responsible or accountable for a hazard or action.

Liability Insurance

• Insurance coverage to provide payments to others for damages resulting from the negligence of the insured.

Negligence

• Not taking care to avoid hurt or harm.

RISK IDENTIFICATION AND ANALYSIS WORKSHEET  Activity or Event

RISKS TO PERSONNEL (illness, injury, death, loss of personal property, security, harassment, contract liability, tort, liability) LIST RISK EXPOSURES: FREQUENCY SEVERITY  High Low High Low  High Low High Low  High Low High Low  High Low High Low  High Low High Low  High Low High Low    RISKS TO PARTICIPANTS (illness, injury, death, loss of personal property, security, abuse, etc.) LIST RISK EXPOSURES: FREQUENCY SEVERITY  High Low High Low  High Low High Low  High Low High Low  High Low High Low  High Low High Low  High Low High Low

 

RISKS TO THE PUBLIC (injury, death, illness, loss of personal property, etc.) LIST RISK EXPOSURES: FREQUENCY SEVERITY  High Low High Low  High Low High Low  High Low High Low 

High Low High Low   RISKS TO PROPERTY/BUILDINGS AND EQUIPMENT (fire, theft, vandalism, wind, flood, collapse, etc.) LIST RISK EXPOSURES: FREQUENCY SEVERITY  High Low High Low  High Low High Low  High Low High Low 

High Low High Low

  RISKS TO PERPETUATION (status of the group, organization or program; reputation, financial integrity) LIST RISK EXPOSURES: FREQUENCY SEVERITY  High Low High Low  High Low High Low  High Low High Low   High Low High Low

  

 Adapted by Mary K. Munson, University of Illinois Extension, from materials developed by Busler, Holroyd, Johnson, Olsen, & Skubinna, Oregon State University Extension.

Retain Risks

• Accept the risk and prepare for the possibility that loss will occur.

• Most risks are retained, especially when the consequences are deemed minor.

Reduce Risks

• Change the activity or conditions to decrease the likelihood that loss will occur.

Share Risks

• Find someone to share some of the risk. Sharing can be done by contract, agreement or insurance.

Avoid Risks

• Do not conduct the activity. If the risks are too severe and the possibility too great, it is unacceptable to conduct the activity.

RISK MANAGEMENT WORKSHEET

Activity

Risk

Strategies for Retaining Risk: Strategies for Sharing the Risk:

Strategies for Reducing the Risk:

Risk

Strategies for Retaining Risk: Strategies for Sharing the Risk:

Strategies for Reducing the Risk:

Risk

Strategies for Retaining Risk: Strategies for Sharing the Risk:

Strategies for Reducing the Risk:

Decision:

Activity will be conducted ____Yes ____No. If Yes, check the strategies that will be implemented which will be part of the risk management plan.

Risk Management Tools

• Risk Management Info– Risk Identification & Analysis

Worksheet– Risk Management Worksheet– Risk Management Plan – Template– Risk Management Plan – Sample for

Community Service Project

Risk Management Tools

• Risk Management Info– Adult Medical Form– Youth Medical Form

– Code of Conduct for Events– 4-H Member Code of Conduct– Behavior Guidelines

Risk Management Tools

• Risk Management Info– Certificate of Insurance Request Form– 4-H Special Activities Insurance

Comparison

Risk Management Tools

• Equine Program– Permission to Participate– Info for Equine Events Warning Signs– Liability Insurance Application for

Gaming and Jumping Classes

Risk Management Tools

• Risk Management Info– Incident/Accident Investigation Form– Informed Consent/Parental Release

Form– Photo and Video Release– Youth Description for Trips

Risk Management Tools

• Volunteer Screening– Volunteer Application– CANTS Check– ISP Conviction Information Name

Check– Sex Offender Registry– Volunteer Reference Form– Volunteer Role Description