Risk Management: Identify & Mitigate Potential Risk Areas

The ability to identify, prioritize, and minimize risk is fundamental to the success of any organization. An effective risk management platform should allow an organization to define, measure, and monitor the key risk metrics that help keep employees safe and protect key assets.

Key Applications

The PreventionLink Risk Management Module includes powerful risk identification and mitigation tools to help clients analyze the general fundamentals of their organization in areas such as organizational culture, employment practices, and motor vehicle safety. It provides a wide scope, from a broad organizational overview down to pinpoint, up-to-the-minute details. This clarity enables the organization to adjust quickly and solve potential problems before they occur.

The Self Assessment System highlights key areas for improvement.

The PreventionLink Risk Management Module includes the following key elements to support effective risk management:

• Enterprise-wide data collection ensures consistent data is collected across all operating units and enables operationional benchmarking.
• Sustainable applications provide enterprise-wide accountability and continuous evaluation, monitoring and mitigating of identified risks and compliance issues.
• Immediate identification of non-participating operating units and individuals.
• Real time risk profiling ensures key data and information is available to selected executives and managers. Hierarchical data management restricts access only to specified information.
• Customizeable risks and risk metric analysis allow each enterprise to define its primary risk focus and related risk metrics to create a meaningful and organization-specific risk reduction program.

The Dashboard provides an at-a-glance overview of the organization. Streamlined graphs show the number of training courses completed, give a 30-day window into how the site was used, and highlight training compliance. It also features the latest PreventionLink news, including the availability of new training courses and platform updates.

The Self Assessment System is designed to help clients analyze their organizational culture, employment practices, safety practices, environmental compliances, facility/equipment practices, and motor vehicle fleet safety. The results give a snapshot of your organization's current situation and highlight key areas for improvement. An array of Improvement Toolkits provide practical suggestions and resources to help organizations improve upon those risk categories identified as most pressing.

The Risk Analyzer compiles the data and allows organizations to compare their risk levels with other organizations, provides key metrics, identifies compliance issues, and highlights areas for improvment. It also provides the ability to drill down to specifics.