Safety Management: Getting the Facts
There’s no doubt that you, as a business owner, care about the safety of your employees and customers. But in between running your business, attending meetings, reviewing numbers, and taking care of other important business functions, it can be difficult to keep up with all of the safety requirements involved in owning a business, regardless of size.
In fact, while it may seem that the owner of a larger business would have a more difficult time reviewing safety requirements, small business owners often find themselves in a tighter spot. A large business typically has the financial resources that allow them to hire dedicated safety management professionals, whereas smaller businesses usually find that the owner has to wear more hats and take care of more duties, including safety management. This can leave the owners of smaller businesses in a bind, especially when accidents happen and their companies aren’t protected by business insurance.
How Important is Safety in the Workplace?
Simply put, safety is everything in the workplace if you want to protect your business’ bottom line. All it takes is for one employee or customer to become injured on your company’s property or due to a product or service that your company provides before you’re facing a serious lawsuit.
For instance, failing to secure proper testing and FDA approval when selling an ingestible product that ends up harming a consumer or consumers may find your business embroiled in a multi-million dollar court case that may not only destroy your current financial capabilities, but it may also damage your brand so severely that it can become impossible to recover in the eyes of the public. Additionally, all it takes is for one negligent act to take place on your company’s property to cause an employee to seek thousands of dollars or more in compensation, and without business insurance, you may find yourself at the center of a media firestorm.
Safety Management as a Way of Your Professional Life
One of the keys to successfully protecting your employees and customers is to adopt safety management as a way of life on the job and off. Prior to making any changes in your company, it would be best to ask yourself what safety risks are involved in such changes and addressing them as soon as possible. The quicker you identify and eliminate safety challenges, the less likely you are to find your company dealing with serious, and potentially devastating, legal challenges in the future – after someone is negatively affected by your company’s products or services.
Start a Conversation About Safety Management
If you’re concerned about your ability to conduct safety management at your place of business, or if you’re not sure whether your company’s current safety management strategy is working or secure, contact Poms & Associates by visiting www.pomsassoc.com. Poms & Associates employs experts who specialize in providing business owners of all types with business insurance and safety management solutions that can eliminate or reduce the potential for trouble when a disaster strikes.
Andrew Rusnak is an author who writes on topics that include safety management and business.