Protecting a company's reputation through risk management Risk management procedures make it easier to protect a company's reputation because those involved often focus on ethical procedures when assessing and creating awareness about potential risks in the company (Hopkin 2010). Internal and external communications made by companies are essential to protecting the reputation of those companies because of the results that such communications produce. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay Risk assessment results are often used to inform the decision of an organization's highest decision makers. Policies adopted after risk assessment in the organization tend to focus on the company's social responsibility towards its stakeholders and on preventing the impact of dangerous events related to the company's activities (Maux & Francoeur 2013). Organizations that are socially responsible to their stakeholders, such as employees, are known to have a good reputation which can lead to increased productivity. Risk management procedures include public awareness strategies that require companies to implement communication strategies that would be vital to educate citizens. and businesses about the risks and threats the country faces (Hopkin 2010). The public awareness strategy as part of risk management is an opportunity for companies to provide guidance to their employees and customers on what they should do to prepare for increased risks at their events and conferences (Vredenburgh 2002). Communicating perceived risks and necessary preventative measures is critical to protecting the image of organizations that respect community health. The reputation of the companies involved is also protected as such communication of a broad risk assessment benefits policy makers and emergency planners at the national and subnational levels of government (Culp & Christopher 2002). Risk management initiative by organizations offers organizations the opportunity to build and sustain public trust which is essential in the acceptance of extraordinary measures during times of crisis (Liberman and Woodruff, 1993). Companies gain broader public credibility through transparency in the risk assessment process. Public awareness strategies require that appropriate risk communication techniques are used to reach the target audience. Information about risk exposures and vulnerabilities of members of the public is communicated to the general public in a simplified way to ensure there is understanding of such data (Culp & Christopher 2002). Practical examples of necessary actions can also be used to create awareness of risk reduction strategies that are realistic to local conditions (Vredenburgh 2002). Despite the existence of inherent uncertainties in understanding and predicting conference-related events and risks, stakeholders should receive clear, consistent and persistent information that helps them internalize basic information and take necessary precautions (Maux & Francoeur 2013 ). The initiative to reduce the emotional impact of hazards is significant in strengthening the company's reputation as safety-oriented. Please note: this is just an example. Get a custom paper from our expert writers now. Get a custom essay.