Don’t get left holding the big ball of risk
Contributed By: TheOnsiteManager.com.au on
Three things to know: Who takes on the risk in a body corporate? There’s an old saying about joining a poker game in Vegas: If you don’t know which of the players is the patsy, then you’re the patsy. A variation of that theme could be applied to decision making in a body corporate and the handling of risk. In any decision that a body corporate makes, there’s an element of risk. Some of those decisions are minor – which contractor are we using for this $500 job? Others can be major and involve relatively significant assumptions of risk. If there is risk involved inRead More →