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Managing Risk: Essay and Case Study

   

Added on  2023-01-19

14 Pages4896 Words71 Views
MANAGING RISK

Contents
Contents...........................................................................................................................................2
PROJECT 1: Essay..........................................................................................................................1
Applicable Theories.....................................................................................................................3
Conclusion...................................................................................................................................5
PROJECT 2: Case Study.................................................................................................................6
1. Identify hazards present and those at risk................................................................................6
2. Examine strength of the risk evaluation plan to decrease the errors and diminish the risk.....7
3. Recognise the role of technology in using information to reduce the errors...........................9
4. Evaluate the efficacy of the risk assessment plan and comment on overall success of
company’s strategy in ensuring safety.........................................................................................9
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12

PROJECT 1: Essay
INTRODUCTION
People are making mistakes. Mistakes can lead to crashes. For example, in Health care
mistakes can lead to fatal accidents and accidents leading to morbidity, adverse results and death
at times. One organisational solution was to identify the responsible person and report mistakes
(Cleden, 2017). Thereafter there will be individual punishments. The problem is not solved by
this punitive method. People work within an organization's processes. Every individual may be
right, but often the programme is also wrong. This perpetuates the problem instead of solving the
problem to punish people without changing the system.
Human errors can be explained as the primary cause which directly contribute in the factor of
disasters and even other accidents that create different problem for other person. The best
example of human errors is safety violations in the factory premises of nuclear industries where
maximum number of cases occurs which are related with human errors. In any of the organisation
role of employee culture plays the significant role as it guides that how any of the people is
required to work within the premises of company for the purpose of achieving the goals of an
organisation (Van Der Vegt and et. al., 2015).
Risk management doesn't just put company in a bad situation but it also create issues for
patient because it will have the bad impact on there health. This are licensed based industry
where slight mistakes can create bigger problem because it is directly connected with the health
level of patient and it is unethical and even against the law. In this condition, company even faces
the problem of financial loss and it is necessary for them to detect that what can the major topics
which can create problem for them..
The foundation of a just culture means that individual who develops and enhances
processes in the workplace has a balanced accountability. The design of such structures is
informed by engineering principles and the study of human factors
so that they are stable and secure.
There are different types of errors and they are skill based errors and mistakes. In skilled
based errors person mainly perform there task wrongly because of slip of actions, or else they
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fails to follow the rules and regulations which falls under mistakes. Talking about person
approach, in this person perform errors just because of there own mistake the fails to perform
their part of work. But, in case of system approach, it can be said that mistakes are performed just
because of the mistake of occurrence of error in system.
Swiss Cheese Model is the model which is used for the purpose of analysing the risk and risk
management. It includes the aviation safety, engineering, healthcare and many more. It is one of
the model which can help any of the business organisation for the purpose of reducing the errors
within the company that occurs on daily basis.
A patient care programme should obtain accurate investigative information to be analysed
and used to improve the protection of patients. This method is not effective if members of the
organisation are diligent and attentive and continue to be monitored. Furthermore, people should
feel they are obliged to report mistakes within the organisation. Nonetheless, a community
without responsibility is difficult for medical institutions: that mistakes require disciplinary
measures. The goal of creating a just culture is to find a balance between the extremes of
retribution and blamelessness (Hillson, 2017).
The need for an open and honest media climate is balanced by a just culture and a quality
learning environment and community. While the organisation is obligated and accountable to
employees (including patients), the quality of its choices lies with all employees. Culture requires
a change of focus from errors and results to the design and management of all employees '
behaviour.
All the given responsibility is needed to be done in appropriate manner. It is necessary to
understand in this industry chances of errors zero and all of the employee working in the
organisation should perform their task in appropriate way. For the purpose of managing the risk
within the company, it becomes important that different departments should be there which can
help to overview the performance of every staff working in the organisation (Sharma and et. al.,
2017). They can the one who can easily find the errors which are performed by other employees
of the company. There are different reasons due to which human perform errors in the work and
the reason is lack of concentration towards the given work. If company wants to detect the errors
of their employees, then they have the option to provide limited quantity of raw material and
according to that they have the option to do check the quantity of material manufactured. As
errors can be detected but in order to enhance the performance and reduce the percentage of risk,
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