Education materials

Education is key to understanding why risk management is so important to the well-being and viability of your co-op.  Educating the board on what risk management means, and why it’s important, is the first step.  This should engage the board to implement a risk management plan for the co-op.

The second step is to educate the members.  They also need to understand what risk management means and why it is important to them; otherwise, they won’t get involved and may ignore risks in their unit that could lead to claims, or even injury.

What the board can do:

• Continue to attend the webinars offered by CHF Canada and read the educational material that’s provided
• Add risk management to an all members meeting and explain the importance of the checklists and the losses in the program that they can prevent.
• Arrange for the Risk Management checklists to be filled out – this can be done by an outside person, or by the member themselves.
• Provide the link to the e-learning module on Risk Management and Why it is Important to members so they can access it themselves.
• Distribute the one-page information sheet to members
• Put up the poster in a common area for members