Posts tagged crisis

Spot the risk!

What’s wrong with this picture? Can anyone spot  the risk? Why do we care about pans in business? 樂

If you’re a cook, or a parent of young kids, you probably noticed the potential issue.

For many, this obvious flaw might have gone unnoticed.

See the handle of the gold pan? See how it protrudes out in front of the stove?

This presents a potentially unsafe situation. Someone could easily bump the handle and knock the hot pan and its contents onto themselves or the floor. A child, being ever inquisitive, might reach up and grab the handle.

So, to be safe, you keep the handles turned to the side to help prevent an avoidable bad situation.

Why is this important in business?

How often do you take the time to study your company and assess your potential risks?

Do you have any pans on the stove that might be accidently bumped and burn someone?

Disaster, crisis, and risk management is a very important part of running a business. Unfortunately, business owners often have trouble seeing the forest through all the trees.

Annually, a business should examine its company and the environment, identify risks, determine likelihood and impact, and establish mitigation strategies.

Are their any pans protruding in your business?

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