So Why Are Risk Assessments So Important?

Risk assessments are so much more than a tick boxing exercise, they provide an organisation with valuable information and an insight into current and potential hazards and risk within the workplace, that could lead to a potential incident. With a solid risk assessment, all areas of the workplace are considered, allowing the organisation to gather insight and knowledge to develop tasks and strategies to eliminate them. And, with regulation and compliance relating to health and safety within the workplace, organisations are legally required to protect their employees within the workplace, making risk assessments even more important.

Forming an important part of the organisation’s health and safety management, the risk assessment should be built using three important elements:

  1. Identifying hazards and risks within the workplace
  2. Evaluating the risk level and the likelihood of the risk/hazard
  3. Create a plan for eliminating/controlling risk/hazard






How Do Organisations Benefit from Risk Assessments?

The benefits associated with risk assessments are tenfold, from protecting your employees to reducing business costs, using the correct risk assessments can be so important:

  1. Firstly, risk assessments can provide clarity around how hazards and risks have been identified and minimized or eliminated. This helps organisation’s EHS team to understand what hazards and risks they must be most aware of in their place of work. 
  2. Carrying out a successful risk assessment can provide very useful data. This data will help identify the areas within the workplace that need the most attention and enable management to put effective control measures in place to reduce risk.
  3. A risk assessment can help create a repository of hazard findings. This is not only beneficial for transparency across the company, but can help with carrying out company audits and meeting the legal safety requirements for the business.
  4. A successful risk assessment isn’t just a long list of the hazards and risks within the organisation. With the use of a risk matrix, businesses can identify the most urgent risks and outline the severity and likelihood of impact for each risk or hazard.
  5. But most importantly, the greatest benefit of correctly completing risk assessments is quite simple: the minimization and the aim to remove as much risk as possible. Through thorough inspection and analysis of the workplace and the implementation of procedures and protocols, organisations can substantially reduce the number of incidents within the place of work.


    How Can Organisations Improve?

    Implementing an effective health and safety strategy within the organisation ensures employees have the tools and knowledge required to handle hazards and risks within the workplace. To support employees in successfully completing a risk assessment, the use of a software solution designed specifically to efficiently manage the administration and complexity of carrying out the risk assessment task, may be extremely beneficial.

    Implementing a risk assessment software, can make this admin heavy and time-consuming task a much more efficient and consistent procedure, providing the most possible benefit to your people and workplace.  A software solution that allows employees to complete tasks within the field using a mobile app and stores data on the cloud, can eliminate hours of paperwork and form filling. The right software solution can also remove the challenge of data analysis by providing dashboards, trends and reports necessary for remaining on top of potential risks and hazards.


    Risk assessments can be time consuming and require a lot of time and administration to maintain and manage, but with the right procedures and protocols, and even with the help of a suitable software solution, risk assessments bring so many benefits and ensure organisations remain a safe place for employees.