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Develop A Robust Risk Management Plan

Develop A Robust Risk Management Plan

Nov 25 2019 at 10:47

Risk management refers to dealing with the risks endangering to the safety and health of employees at the workplace. Thus, a risk management plan is designed to prevent these risks from transforming into hazardous incidents. It is the duty of each employee to take necessary precautions towards this goal. However, for their efforts to bear fruit there must be a coordinator directing everyone towards the right steps. Bizsafe level 2 training gives you the knowledge and information to formulating a robust risk management plan of a workplace.

How doesit benefit employees?

It should be obvious that risk management is a crucial task for every workplace and must, therefore, be treated with due respect. A Risk Management champion is the coordinator leading a risk management team that is recognised by all employees. These champions are responsible for coordinating all risk management activities. A crucial task for them is to develop a robust and functional risk management plan. They must also undertake the responsibility of its implementation once it has been approved by senior management. 

While RM champions are chosen for their active voice, ability to take quick decisions and concern for the safety of workplaces, they make lack the requisite knowledge to create foolproof risk management plans. Thus, they must undergo training to be able to perform this task optimally. 

Designed to Safeguard Employees

Bizsafe level 2 is a course recognised by the Workplace Safety and Health Council for the training of risk management champions. Programs like these help risk champions of different companies understand probable causes of various kinds of disasters. It also teaches them the best methods to deal with these risks and thus equips them with enough knowledge to develop a robust risk management plan.

Individuals will learn how to identify risks in the workplace during the training. They will learn how to develop feasible plans and implement them to combat these risks. This will be done by conducting system and operation reviews to understand resources available to them. Then conducting gap audits to identify steps to be taken. Once they've completed their analysis they need to consolidate their conclusions in a step by step, easily understood plan. This risk management plan will require approval from senior management before it is finalised.

Training is needed 

A robust risk management plan would ensure the safety of one's workplace, allowing the employees to feel secure while working. This might lead to an increase in overall productivity in two ways. One, by preventing injuries and illness that might have reduced the number of working days and two, by allowing workers to give in their best in an environment they feel safe working in!

To conclude, we can say that a key ingredient for developing a robust risk management plan is appointing a capable risk management champion and making him or her undergo government approved training via programs like Bizsafe’s level 2 training. After this, the success of the plan lies in the hands of the employees themselves as they are the key elements in its execution!