Sound risk management principles of quality and business excellence are equally applicable to the management of health and safety risks, so that the likelihood and the consequences are mitigated or eliminated.
Health and safety risks can significantly affect businesses. Managing health and safety risk is vital in reducing the likelihood of harm and creating a sustainable and healthy work environment, which in turn drives profitability and respect in the organisation.
Failure to manage health and safety appropriately within an organisation can lead to action by a regulatory body, increased internal costs, replacement labour, accident investigation, downtime and increased insurance premiums. These costs are usually far greater than the external costs of fines and compensation.
Construct Health will apply the principles of good risk management to your operations to effectively manage health and safety hazards and risks to your business. We achieve this by establishing the context and risk framework, embedding this into your daily operations, and then putting the framework and processes in place for ongoing monitoring to enable continual improvement. These principles can be applied to:
