This document provides a 6-step guide for identifying actions to reduce drought risk. Step 1 involves assembling relevant stakeholders and data. Step 2 assesses drought impacts, while Step 3 ranks impacts. Step 4 examines underlying causes of impacts. Step 5 identifies potential risk reduction actions. Step 6 develops an implementation plan. The goal is to address true vulnerabilities and move from reactive crisis response to proactive risk management. Public participation is encouraged to consider equity and build understanding.