Consider the award winning photograph on the right.  At first viewing, several thoughts might come to mind includingPolar Bear

  • How do you plan for a photograph like this?
  • Was the photographer lucky or was he painstakingly intentional?
  • If it was pure luck, what are the odds of this occurring?
  • How many times did he try to get this photograph before and fail?
  • Given the weather conditions, how did he know his equipment would work?

Even more questions could be generated without much effort.  Odds are that like most excellent outcomes, this photo opportunity was carefully planned and executed.  In other words, the photographer’s performance was intentional.

In simple terms, intentional is defined as “something that is done on purpose, deliberate.”  It is the opposite of accidental “something happening by chance” or fortuitous “happening by lucky chance.”

PEO risk management platforms are a balance of intentional, accidental, and sometimes fortuitous acts or events.  Excellent PEO risk management platforms focus on intentional processes to identify and eliminate or reduce loss.

Do you employ a continuous process to improve your PEO’s risk profile?

Thinking about your PEO, how would you answer the following questions:

  • Are we taking more or less risk than we should be? What is our optimal risk level?
  • Where does risk management “fit” into our client value proposition?
  • Do we have the internal resources and controls in place to manage risk effectively?
  • How do we measure the success of our risk management program?
  • Are we engaged with the right risk management partners to maximize our chances of success?

PEO risk management involves a series of sophisticated and complicated exposures to both the PEO and their client companies.    Success requires a thorough, intentional approach.  Feel free to contact us to learn more about our intentional and disciplined approach to PEO risk management.