How do you rate yourself, or somebody else, for risk management? Do you base it on low numbers of accidents or security incidents? When you go through a year of low loss and fewer accidents, how do you know the cause?
The best way to evaluate yourself as a risk manager is to look at your influence on your company, and then look at yourself as an individual manager.
What three steps did you take in the past year to mitigate risk before it occurred?
Top to bottom assessments of your company are critical. Learn about your industry standards for risk, and compare them to your company. You can learn this information from trade magazines, conferences, trade shows, or speaking with your insurance agent.
Do you push your findings and suggestions to higher levels of management?
Many executives don't like to talk about risk management. After all, when discussing risk management you are talking about saving money, not making money. You are discussing preservation and coverage, not the forward push into markets or income enhancement.
However, it's your job to educate people about the importance of safety, coverage, liability, and caution. This may rub many "hard chargers" the wrong way, but if you fail to warn people about potential liabilities, and an incident occurs, you will be the first one everyone looks at.
The Individual Traits Of A Successful Risk Manager
Here are the several personal characteristics you should have or develop so you can be a better risk manager.
If you have any questions about risk management, we encourage you to call us and learn how we can help your company.