Friday, December 24, 2010

Risk

What is risk?
Risk is virtually anything that threatens or limits the ability of a community or non- profit organisation to achieve its mission.
It can be unexpected and unpredictable events such as destruction of a building, the wiping of all your computer files, loss of funds through theft or an injury to a member or visitor who trips on a slippery floor and decides to sue. Any of these or a million other things can happen, and if they do they have the potential to damage your organisation, cost you money, or in a worst case scenario, cause your organisation to close.

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