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Risk Management
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Risk management is an important step in protecting your workers and your business, as well as complying with the law. It helps you focus on the risks that really matter in your workplace – the ones with the potential to cause real harm or loss. In many instances, straightforward measures can readily control risks, for example, ensuring spillages are cleaned up promptly so people do not slip, or theft of stock is minimised. For most, that means simple, cheap and effective measures to ensure your most valuable asset – your workforce and assets– is protected.
The law does not expect you to eliminate all risk, but you are required to protect people as far as ‘reasonably practicable’.
This is not the only way to do a risk assessment, there are other methods that work well, particularly for more complex risks and circumstances.