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Beyond carrots and sticks

Unlocking safety gains through understanding irrational behavior

Many organizations that have undertaken safety improvement initiatives have found that while easy wins are typically accomplished early on, further progress often becomes increasingly difficult. Safety improvement typically depends on changing human behavior, which is driven by underlying...
Risk

Corporate leadership beyond the gates

Extending governance of safety risk to off-site transportation

The corporate leadership agenda has become busier over the last decade as the world’s largest firms come under increasing scrutiny from a broader range of stakeholders. Beyond legal obligations, risks and opportunities for corporate reputation arise from matters such as carbon, water and community...
Risk

Escalating fines for safety offences

Since the introduction of new sentencing guidelines in February 2016, companies have seen much larger fines for health and safety violations

New sentencing guidelines are evidently changing the landscape for health and safety prosecutions. Executives should be aware of these changes and the potential implications on their businessSince 1974, the Health and Safety at Work etc. Act has been the backbone of the legislative framework...
Risk

Embracing complexity with value-based risk management

In the current environment uncertainties seem to be everywhere, making strategic planning more difficult than ever. Many companies use enterprise risk management (ERM) as a proven framework for managing risk. However, businesses are now looking to improve their track records when it comes to...
Risk

Why risk management is failing

Embracing complexity and uncertainty with value-based risk management

A different approach - "value-based risk management" - can help organizations strengthen their decision-making capabilities and ultimately achieve better alignment with the strategic needs of the business.
Risk

Assurance of your growing business

Are your new operations really as ready as you think?

As corporations extend their footprint into new geographies or new types of operations they face many challenges, not least of which is the potential for unexpected losses that can damage operations, corporate reputation, brand and business performance. Establishing strong and safe operational...
Travel & transportation, Risk

Subcontracting safety?

Strengthening control of supply chain safety using a culture-based approach

In the face of relentless and growing pressure for efficiency, companies are increasingly outsourcing to suppliers and contractors, meaning that managing safety across the supply chain is more challenging than ever. Guaranteeing safety throughout this chain is becoming more influential in decisions...
Risk

Detection and prevention of risk from third parties

National legislation with broad international reach  is increasing the acute risk of legal non-compliance and the associated impact on corporate reputation. A risk-based due  diligence approach is required to detect and prevent these risks.
Utilities & alternative energy, Risk

Driving safety improvement

Improving business performance through strengthened road driver management

As businesses improve safety performance in core operations, risks relating to road transport are stepping into the limelight and concerns are being raised at board level as threats to business performance are becoming clear.  The United Nations has declared 2011-2020 the Decade of Action for...
Risk

Safety governance: Getting it right

Exercising effective safety governance across large, diverse corporations

As companies become increasingly consolidated, the challenge for their boards and executive leadership teams are to decide what form of corporate safety governance is required, and how leadership will support the effective implementation of this governance across their company’s constituent...
Risk