You Have Identified a Risk — What Now?

This article originally appeared in Fitness Management in January 2008. It has been modified slightly for the website.

Most sport, recreation, and fitness professionals should be able to identify the risks facing their business. The question is, what do you do about a risk once it is identified? Whether the risk involves a property exposure, liability for negligence, or business operations, management must determine the extent of the risk by examining the following: 1) its potential severity (possible impact on the corporation functioning and possible seriousness of a resulting injury),

18 Tips for Reducing the Risk of a Lawsuit (Part V – Basics of Risk Management)

This is the final part of a 5-part series of ways to reduce the risk of a lawsuit. This part focuses on guidelines dealing with the basic fundamentals of successful risk management.  Each subject encompasses an immense amount of subject matter.  See the sources cited for more information.

15.       Know and Adhere to Industry Standards[1]

Professionals are held to a standard of care that is deemed reasonable and any conduct that falls below that standard of care may leave the club liable for injuries or damages.