Work-Related Fatality Rate in Australia
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... read more Loss prevention and risk management – Part 2
Part 2: Policy and written statement
The policy is a written summary of management’s dedication to the elimination of business exposures, loss prevention and progressive risk reduction.
Management’s intent must be consistently communicated throughout the business regarding the strategic control and elimination of the root causes for damage, harm, injury, illness, or loss.
... read more Loss prevention and risk management – Part 1
Part 1: Introduction
Management commitment is the foundation of a strategic plan targeting loss prevention and risk management.
Management has the responsibility of either manufacturing products and / or supplying services which generate profit.
If an organisation, its assets, infrastructure and / or personnel are negatively impacted by hazards then profits are rapidly eroded.
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