Performance review phrases risk management

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Performance review phrases risk management

Risk — A measure of the possibility that the future may be surprisingly different from what we expect. Downside risk of loss and upside risk of gain.

Risk assessment — A thorough examination of the exposures of the nonprofit, both insurable and uninsurable.

Risk-financing plan — The monetary tools that you will use to protect the nonprofit’s resources so the lion’s share may be devoted to its community-serving mission. Primarily used to protect an organization from catastrophic financial loss.

Risk-financing pools — A nonprofit association that benefits it members by pooling their contributed premiums in order to finance losses.

Risk management — A discipline for dealing with the possibility that the future may be surprisingly different from what we expect (see Strategic risk management).

Risk management committee — A representative group of staff, volunteers and advisors who identify exposures, develop a risk control program, and establish a risk-financing strategy for the nonprofit. May act in place of a staff designee in small nonprofits. In midsize and large organizations, they may work in partnership with the staff designee (such as finance director or professional risk manager).

Risk management program — Educated projections about the future and sound management practices.

Risk retention — A method of funding loss using internal money.

Useful materials related to performance review phrases risk management

• http://performanceappraisal123.com/11-methods-for-performance-review

• http://performanceappraisal123.com/300-free-phrases-for-performance-review