Risk Management
Risk management is the process of assessing risks and taking steps to either eliminate or to reduce them (as far as is reasonably practicable) by introducing control measures.
Health and safety legislation states that risk 'expresses the likelihood that harm from a particular hazard is realised', and that a hazard is 'something with the potential to cause harm.'
Accident waiting to happen
You can look at risks as 'accidents waiting to happen.' A hazard such as an unguarded machine or a slippery path will remain just a hazard so long as no one goes near them. It is only when people are introduced into the equation - and there is the possibility of someone being injured - that hazards become risks.
As your risk consultant, we are here to assess, highlight, suggest, review and implement a jointly agreed course of action to mitigate the risks to your business.
Therefore, it is of the utmost importance to manage all those areas which lead to losses, be it from: potential accidents to your employees; loss or damage to property, theft or fraud; or financial controls especially in transaction processing which could lead to a significant loss to the business.
Contact us for your free no obligation consultation