What is risk management primarily concerned with?

Risk management is primarily focused on identifying, assessing, and prioritizing risks followed by the coordinated application of resources to minimize, monitor, and control the probability or impact of unfortunate events. In the context of the culinary and food services industry, this specifically includes the prevention of accidents, which can encompass everything from food safety issues to workplace injuries. By proactively addressing potential risks, businesses can ensure a safer environment for both employees and customers, ultimately leading to better operational efficiency and protection of assets. This focus on preventing accidents reflects a commitment to health and safety standards, which are essential in maintaining the integrity and reputation of food service operations.