Risk Management & Safety Advice
Risk Assessment is a structured approach to managing uncertainty and the threat that this uncertainty may have to safety, the environment and your business's finances. The aim of Risk assessment is highlight those potential threats and implement strategies / actions to limit the threat should an adverse event take place.
In ideal risk management, a prioritization process is followed whereby the risks with the greatest loss (or impact) and the greatest probability of occurring are handled first, and risks with lower probability of occurrence and lower loss are handled in descending order. In practice the process of assessing overall risk can be difficult, and balancing resources used to mitigate between risks with a high probability of occurrence but lower loss versus a risk with high loss but lower probability of occurrence can often be mishandled.
Health and Safety Risk Assessments are a legal requirement. No matter how big or small the business is the business is legally obliged to carry out risk assessments, identifying potential hazards and eliminating them as much as is "reasonably practicable" in the protection of workers, customers and suppliers.
Environmental Risk Assessments
Environmental risk has increased in profile as more and more of us become concerned over the effects our activities are having on the environment. Government regulators are becoming stricter when it comes to waste products being disposed of properly and there are hefty fines and even imprisonment when businesses make mistakes - for example releasing toxins into the environment.
Principles of risk management
The International Organization for Standardization (ISO) identifies the following principles of risk management.
Risk management should
- create value – resources expended to mitigate risk should be less than the consequence of inaction, or (as in value engineering), the gain should exceed the pain
- be an integral part of organizational processes
- be part of decision making process
- explicitly address uncertainty and assumptions
- be systematic and structured
- be based on the best available information
- be tailor able
- take human factors into account
- be transparent and inclusive
- be dynamic, iterative and responsive to change
- be capable of continual improvement and enhancement
- be continually or periodically re-assessed
Financial Risk Assessment
The credit crunch has raised the subject of financial risk to the top of everybody's agenda, financial risk assessments have never been more important.
WHAT DOES THIS MEAN FOR YOUR BUSINESS?
It makes good business sense to limit risk as far as practicable. From a legal perspective there is no getting away from your business's Health and Safety obligations, nor is there any relief from those legislative requirements which aim to protect society and the environment. It is essential that you carry out comprehensive risk assessments ensuring that you meet your obligations; failure to do so can cost your company dearly:
- fines / bankruptcy
- negative PR
- legal action
- death / injuries
- environmental / social damage etc
How can Shiva Consultancy help?
Shiva Consultancy is experienced in carrying out comprehensive risk assessments. Whether it is for the health and safety of your business, for environmental compliance or financial issues, Shiva Consultancy will use their tried and tested methodologies to help you identify your businesses risks. Where risks are identified Shiva Consultancy will work with your organisation to limit and mitigate the risk, leading to safer business practices.
HEALTH AND SAFETY ADVICE
Shiva Consultancy can review and develop your health and safety policy, procedures and, at the same time, provide specific training where and when it is required.
Through dealing with a diverse base of clients, Shiva Consultancy's professional process engineers have developed a breadth of experience and can provide the following services as an element of our total project management or on a standalone consultancy basis:
- Process reviews and assessments
- Area classification
- Process and design safety audits
- 'What if?' studies
- Incident reviews
An increasing number of companies are seeing a significant improvement in their safety performance after their staff has undergone a programme of behavioural safety training. Through the project work they perform for their clients, as well as their own environment, Shiva Consultancy has long recognised the importance of health & safety – a fact highlighted by the Company's excellent. Always on the look-out for new and better ways of improving health & safety Shiva Consultancy identified the benefits a behavioural safety course would bring to a business through defining safe and unsafe behaviours and involving everyone in the planning that leads to improved behaviour.
Shiva Consultancy invested a considerable percentage of its training budget on a number of tailored behavioural safety courses for its personnel. The feedback from those attending the course and the further improvement in the Company's health & safety performance has encouraged Shiva Consultancy to raise the profile of health and safety further by offering this course to new and existing clients.
In many accident investigations the equipment and systems are found to be in order but the behaviour of the people failed. This failure can and does lead to serious accidents and fatalities which could have been avoided had the behaviour of the person been different.
Behavioural safety approaches are commonly used because:
- A significant number of accidents are reportedly caused by inappropriate behaviour
- A good vehicle for management and workforce participation
- Can improve the visibility of managers
- Behaviours and actions influence culture through attitudes and perceptions
- Behaviours determine the performance of systems