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Emergency Preparedness: Risk Management for Events
AENC Event Planners Summit, January 11, 2016
Christy Marcinkowski, CMP
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Goals for Today
Learn what event risk is
Determine who “owns” risk
Learn 4 strategies of risk management
Define, rate and rank some common
risks
Learn how to mitigate risks
Learn the consequences if risk isn’t
properly mitigated
Hands On – Develop a Risk Management
Plan
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What is Event Risk?
Risk is anything or anyone that could
impede, threaten, influence or interfere with
the successful outcome. Risk is the potential
for loss; financially, physically,
psychologically, legally or ethically. (1)
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TYPES of Event Risk?
• Financial
• Legal/Regulatory
• Business
• Strategy
• Reputation
• Market
• Cyber
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Risk Management Strategies
Avoid
Eliminate elements, requirements,
practices, options, adjusting as
needed concept, specs and
procedures.
Reduce
Develop strategies to minimize
potential consequences.
Retain
Planner makes a conscious
decision to accept it and
consequences. Monitor and re-
allocate resources.
Transfer
Shift the responsibility to a third
party through insurance or
waivers
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Assessment Questions
Does this put someone at risk physically or psychologically?
Where might the risk occur?
Under what circumstances?
What is the probability of the circumstance?
Worst-case Scenarios?
Who might the risk harm?
To what degree?
FEMA
9. + Risk Assessment
What are expectations of attendees?
Would the occurrence harm outsiders? To what degree?
Has due diligence been covered?
Do attendees, vendors, staff and planner feel safe?
Has this risk occurred when this event was held in the past?
Has this risk occurred at past events in general?
Assessment Questions
Sources provided at the end of the presentation
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Action Plan to Deal With a Risk
Determine “ownership”
Meet to determine possible
solutions and conduct the risk
assessment
Decide on a course of action
and an action plan
Develop a communications plan
Implement
Evaluate/Assess
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Next Steps – After I Leave Here
Conduct a risk assessment and identify gaps
Develop risk mitigation plans for the highest level risks
Address gaps through company standards
Create or update your existing Meetings Management
Policy
Implement or update your meetings management
technology
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Sources/Resources
Debi Scholar, CMM, CMP, GLP, GTP, CTE, SSGB, CTT, CBST Director,
Managed Meetings Strategies, American Express Meetings and Events
Dr. Linda M. Robson, Assistant Professor, School of Hospitality Management,
Endicott College for PCMA Convening Leaders 2014
FEMA’s Emergency Management Guide for Business & Industry –
www.fema/gov/business/guide/index/shtm
US Environmental Protection Agency Risk Assessment –
http://epa/gov/riskassessment/basicinformation.htm#risk
Barbara B. Oliver, “Swimming With Sharks and Other Perils of Special Events –
http://www.nonprofitrisk.org/library/articles/workplace-safety0502.shtml
http://www.eventeducation.com/risk-management-events.php
Notas do Editor
Discuss
Avoid- bring the risk into an acceptable range and have contingency plans
Retain – If a low probability of occurrence
Reduce – elements necessary for the success of the event (wires, cords, etc..)
Transfer – insurance/waivers of liability