Organizations that collect significant amounts of cash go to great lengths to keep their own employees from stealing from them. As an article on Fortune explains, US retailers are especially affected by losing cash through employee theft, and Forbes reports that “dishonest employees steal over six times the amount stolen by shoplifters.” It’s thus critical that businesses put in place internal cash handling controls. Internal controls over employees who collect cash are often visible in venues such as big box retail stores, movie theaters, parking lots, and golf courses. Governments can learn some lessons from these private sector organizations on how to help make their cash collections safer.
Risking it All: How Proper Risk Assessment & Risk Management Helps System Implementation Projects Succeed
Risk assessment, or risk identification, describes the process of uncovering and managing possible threats to a project or asset, which will adversely affect an organization’s ability to achieve its business objectives. The practice of risk assessment helps to mitigate, minimize or completely eliminate these risks, and therefore – if done right – can help your project or asset management succeed.
Understand the key elements of risk and how they will affect your project. Plus, I'll explain an effective method for your team to identify and assess the risks in your implementation project.
ConTroll - The Government