risk-reduction

Vocabulary Word

Definition

'Risk-reduction' is about lowering the likelihood of bad things happening. If you're baking a cake and you've never done it before, following a recipe would be your way of reducing the risk of the cake turning out bad.

Examples in Different Contexts

In occupational health, 'risk reduction' strategies aim to protect workers from workplace hazards and injuries. An occupational health specialist might advise, 'Implementing ergonomic workstations and regular safety training are effective risk reduction measures.'

Practice Scenarios

Impact

Scenario:

The rapid deforestation is causing major environmental problems. We need to consider alternatives for sustainable use of resources.

Response:

Let's adopt sustainable farming techniques to induce risk reduction in our environmental activities.

Creative

Scenario:

The client wasn't thrilled with the avant-garde designs. We need an approach that ensures more customer satisfaction.

Response:

Returning to tried-and-true design principles might act as a good risk reduction strategy in this case.