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How to create a risk management and loss prevention program
Put someone in charge.
To create a risk management and loss prevention program, you must designate a particular employee-typically someone at the management level-who will oversee and coordinate the program.
Having a single individual coordinating your risk management and loss prevention program ensures organization and helps you avoid a duplication of effort.
Choose someone who is detail-oriented and analytical, as their job will entail reading and analyzing reports as well as creating comprehensive solutions to potential problems to help safeguard the company's assets and resources. Evaluate your business's physical environment.