1. exposure to the chance of injury or loss; a hazard or dangerous chance.
2. the degree of probability of loss.
A recent report from the travel marketing firm Development Counsellors International found that security issues are a top concern for meetings professionals. Planning for risk is synonymous with planning for every other requirement of an event or meeting. In this Education Essentials, you'll learn about how to identify risk exposure, best practices for worst-case scenarios and resources that can better prepare you for when disaster strikes.
Identifying Risk Exposure
How do you manage risk if you don't understand what can potentially be at stake? Properly managing risks requires attention to seven distinct categories. Use this resource assembled by consultant Debi Scholar, a 2018 Education Forum speaker, to learn about the types of risks, the results that could occur, examples of risks and questions to ask within your organization. For a condensed version of the full reference guide, check out this risk mitigation handout.
Event Catastrophe What-Ifs: Solutions to Better Prepare You for Worst-Case
What do you do if your keynote is a no-show? How do you handle an abrupt hotel management change? What happens when gifts or merchandise go undelivered? In a recent MeetingsNet webinar, two industry experts describe these real worst-case scenarios and provide the solutions that saved the day. They also share practical strategies to mediate these situations in the future. Read the recap and view the full webinar.
Priorities in Risk Assessment
It's likely that most meetings professionals consider the meeting space when assessing a potential location. However, have you also taken the time to consider a property's sprinkler system or a destination's potential for inclement weather? Read more about what meetings professionals should prioritize when assessing risk in this article featuring FICP Board members Sherri Lindenberg of Crump Life Insurance Services and Wayne Robinson of FM Global.
Share Your Expertise
Are you a risk management expert? Do you have experience mitigating safety or security concerns? Share your expertise by speaking at an FICP event. You'll have the opportunity to push yourself professionally, help other meetings professionals from your own experiences and bring visibility to FICP and its top-notch meetings professionals. Interested speakers can contact FICP at email@example.com to learn more.
Share your expertise virtually and see if you can help answer these fellow FICP members' questions:
Has anyone updated their event registration website to be GDPR compliant? If so, what questions did you ask the attendees? Did you add an explanation of why you were collecting the information and how you will be using the information? Respond here.
I'm working on an emergency management plan for our planners when we are onsite at a meeting and an emergency occurs. At the moment, I'm focusing on providing guidance around handling medical emergencies and an active shooter/terrorist attack during a meeting. Respond here.
Looking for these answers and more? Check out these 2017 FICP Annual Conference Idea Exchange notes for session notes on handling risk, including communicating through social media, homelessness, non-planned events and ensuring safety in your destinations.
#TBT - A Mindful Approach to Risk Management
At the 2017 FICP Summer Symposium, Mike Allen, Chief Security Officer of Corporate Real Estate for Manulife, presented on how to approach risk management. Access his presentation, a security event scoring tool sample and a brochure for safe business travel to learn more about identifying and mitigating risk, protecting assets and information and staying informed of what's happening in the world. Access these materials in TheNetwork.
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