Agriculture

Risk Management

Risk management is something agriculture and rural organizations should address.

Consideration needs to be given to the internal and external factors that could quickly create a crisis for the organization. Understanding risk management basics (Sector Source) can help board members take the next steps in addressing risk.

Organizations need to:

Develop a risk management strategy
Use a checklist to determine which risks should be a priority
Evaluate all risks
Look at the risks specific to board members
Determine the risks with potential impacts on paid staff
Ensure board members and staff know how to manage risks the organization may face

Leadership (whether paid staff or board members) needs to remember:

Ask questions about risk management and how to best address risks
Provide orientation and training for new board members that focuses on risk mitigation
Create policies and procedures that address risk
Know the legal responsibilities of board members that apply to your organization
Take accurate, comprehensive minutes to minimize risk
Understand and follow foundational documents

Fact Sheet: Risk Management: Build Your Organization's Effectiveness (PDF 385 KB)

Fact Sheet: Meeting Minutes: Build Your Organization's Effectiveness (PDF 578 KB)

Leadership Talk Webinar Foundational Documents

Leadership Talk Webinar Risk Management

For further information please contact leadership@gov.mb.ca.

Risk Management

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