Policy and Procedures - Risk Management Minimize risk and exposure by having policies in place and ensuring your employees are aware of them. The policies and procedures that your organization implements depend on many factors, including your industry and government regulations. But there are basic risk exposures that most organizations need to address. Consider the following common policies and procedures:Screening and hiring of employees and/or volunteersBusiness continuity or contingency plansInspections and maintenance of buildings and/or premisesEmployee trainingAnalysis of existing contracts to limit liabilitiesEmergency plansIncident reportingFinancial managementPrivacyEthicsEmployee discipline and dismissalThere are many other policies that an organization might create, depending on activities and duties performed. For example, a restaurant may require policies for food preparation and service and for alcohol service. Learn tips for creating and implementing effective policies and procedures for your organization. *Source: Compiled with Canadian Risk Intervention Inc. Related ServicesGuidelines and ImplementationTo be effective, organizational risk management policies must be written, strictly followed and enforced, and the records must be retained. Useful LinksSample: Risk Management PolicyThe risk management process is vital to the personal health and safety of each employee and the safety of our members/clients/customers. In financial terms, it is vital to our ability to pursue our goals, commence and operate programs, and to perform duties in an efficient and professional manner. Sample: Motor Vehicle Safety PolicyTo reduce costs related to the purchase, maintenance and repairs of, and accidents involving, municipal fleet vehicles. Establishing a fleet loss prevention program that will apply to all municipal owned or leased vehicles and drivers will assist in reducing vehicle accidents and providing a safe, healthy and secure environment for our workers and the general public.