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ARTICLE · 10 MAY 2022

Strategy In The Workplace Part 3: Dealing With Risk Effectively

Seyfarth Shaw LLP
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In our last blog post in this series, we outlined a model for developing strategy in two different processes: developing an ideal state and grappling with a key decision.

United StatesEmployment and HR
Chris Gardner
Chris Gardner
Emma Tullberg
Emma Tullberg
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In our last blog post in this series, we outlined a model for developing strategy in two different processes: developing an ideal state and grappling with a key decision. Both invariably require an evaluation of options and an assessment of the balance of consequences as between the various options. Often, there are "downsides" or risks with these options.

Perhaps now more than ever, employers need to engage with "risk" as it relates to the workplace. In making a connection between the workplace and risk, we speak broadly. For instance, there are:

  • health and safety risks
  • other compliance based risks, whether under the Corporations Act 2001 (Cth), the Fair Work Act 2009 (Cth), the Competition and Consumer Act 2010 (Cth), and the myriad of other laws that impact a business, and

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