The first potential pitfall in risk reduction is inadequate funds to assist in the implementation of the risk reduction program. For the program to be implemented, an adequate amount of funds must be put aside to aid for financing the operations so that all the costs can be easily covered. It is important to identify this potential pitfall to make sure that the funds that have been set aside for running the program of risk reduction are adequate. The issue of inadequate funds can be handled by ensuring that adequate planning is done to ensure that all the costs that are likely to be incurred are incorporated in the budget (Djalante et al., 2017).
The second potential pitfall is the inconsistency in the implementation of the program and the lack of a standardized approach (Izumi, & Shaw, 2015). It is very crucial to check on this to ensure that the all the departments in the organization has adopted the similar program in the risk education to ensure uniformity. This potential pitfall can be handled by ensuring that all the departments are trained on the best approach to implementing the risk reduction program to avoid variances. The third potential pitfall is the lack of coordination among the different departments in the organization. In this, during the implementation of the risk reduction program, all the departments in the business should work towards the same direction. This should be handled by ensuring that the resources are evenly distributed, and the departments that require more funds are given more attention so that all the departments can be in a position together as one and towards a similar direction.
References
Djalante, R., Garschagen, M., Thomalla, F. & Shaw, R. (2017). Disaster risk reduction in Indonesia progress, challenges, and issues. Cham, Switzerland: Springer.
Izumi, T. & Shaw, R. (2015). Disaster management and private sectors : challenges and potentials. Tokyo: Springer.