Risk Assessment : Identify general hazards that can occur in your community, and specific hazards from which your business may be at risk.

Complete the organization's Business Impact Analysis (BIA) to identify potential hazards. BIA identifies ways your business is vulnerable to disasters

Not all hazards have the same impact. Regional hazards such as floods and structural fire due to fire are unlikely to hurt the supply chain or destroy the healthcare system but if your business is directly affected it will have catastrophic effects There is a possibility to give. Even if your business is not directly affected, other dangers such as earthquakes and civic confusion will have a serious impact.

Collect teams of people from all areas of your business to understand how dangers affect your business

Identify general risks that may occur in the community and specific hazards that the business can be at risk.

Step 1: Identify Hazards The first step in risk assessment is to identify potential hazards that, if it occurs, can adversely affect the organization's ability to perform its business. Potential hazards that can be considered or identified during risk assessment are natural disasters, interruption of public works, cyber attacks, power outages. Step 2: Identify who is hurting who. Once the hazard is identified, the next step is to decide which business assets will be adversely affected if risks are recognized. Corporate assets that are considered to be at risk of these hazards include important infrastructure, IT systems, business operations, corporate reputation, and even employee safety.

Hazard identification or assessment is an important step in the overall risk assessment and risk management process. This is a reasonable place (as close as possible to the source (hazardous area)) as long as it can identify, evaluate, control and eliminate the dangers of individual work. As technology, resources, social expectations or regulatory requirements change, hazard analysis will focus more on the causes of hazards. Therefore, hazard control is a dynamic preventive program. Hazard-based plans also have the advantage of not assigning or implying "acceptable risk" in the workplace. Hazard-based plans do not rule out all risks, but it can not accept "satisfaction" - but the risks are still there - as a result. In addition, those who calculate and manage risks are usually managers, those at risk are different groups, workers, risk-based approaches can avoid conflicts inherent in risk-based approaches.