MGT 401 week 5 assignment template 2 Risk Assesment

Holding the position of ‘Risk Manager” can be a daunting task. Their role is to advise their company of any potential risks that might exist within the organization, its employees, customers, and even its reputation. A risk managers job tasks depend on the industry in which they work in, and the level at which they are working at. Their major job duties are to identify and assess hazards, put safety plans in place, and determine how to avoid, reduce, or eliminate the risks altogether.

That is why in the 1970’s the “Occupational Safety and Health Act (OSHA) established three permanent federal agencies to help with accessing such issues. The Occupational Safety and Health Administration (OSHA) to set and enforce standards, the National Institute for Occupational Safety and Health to conduct research on workplace hazards, and the Occupational Safety and Health Review Commission (OSHRC) to referee any workplace challenges” (Matthews, P.2011). These three departments were established to set guidelines by which companies both large and small, could follow to minimize the potential risks within the workplace.
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