The importance of safety in a risk management program

The best corporate risk management programs focus on multiple aspects of your business. One very important area is safety. This includes prevention of safety violations or incidents as well as management of them in the event that that should occur. To develop effective risk management in Connecticut, your management team should ensure a plan that makes safety a priority.

Risk management Connecticut The importance of prevention

The old adage “an ounce of prevention is worth a pound of cure” may sound trite but is very true. There really is no better way to protect your business and your employees than to work toward preventing problems. The prevention component of your safety plan should include the following elements:

  • Clearly defined company guidelines
  • OHSA rules governing your industry
  • Training plan for all employees
  • Information on both practices, processes and physical space setup

A strong focus on prevention tells your employees that your risk management in Connecticut does care about their safety.

Effective management

Even the best programs are not likely to prevent all accidents or injuries. How effectively and efficiently your management and staff handle incidents can go a long way toward keeping your company safe and reducing the financial impact of any situation. This involves responding to a need, ensuring proper follow up and incorporating any lessons learned into ongoing preventative measures.

Incorporating these elements into your risk management in Connecticut will help your business keep costs down and employee satisfaction up.