Risk Management in W Supermarkets

Running head: RISK MANAGEMENT
Risk Management
Name of the Student:
Name of the University:
Author Note:

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Executive Summary:
An overview of the report shows that W Supermarkets is an Australian supermarket chain listed
on the ASX. The retail chain is headquartered in Sydney, enjoying presence in Canberra, Perth,
Brisbane and Melbourne. This means that the company is finanancially strong to adopt strong
hazard management policies. An analysis of the current hazard management policies of the
supermarket chain leads to uncovering several key facts. First, it is clear from the discussion that
the risk management strategies of W Supermarket Ltd are efficient. Secondly, the risk
management procedure of the company follows its established hierarchy of the control. Thirdly,
the hazard management procedure of the company enables employees to report hazards
identified by various modes like emails. Fourth, the hazard management policies of the retail
chain is effective. The discussion also leads to putting forward four recommendations. The first
recommendation is that management of W Supermarkets should conduct internal risk
management audit. The second recommendation is that the management should provide training
to employees. It can also be recommended that, the management should restructure the safety
installments and supply chain of the company.

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Table of Contents
Executive Summary:........................................................................................................................1
Part one. Introduction:.....................................................................................................................5
Purpose of the report:...................................................................................................................5
Company profile in brief- W Supermarkets Limited:..................................................................5
Structure:......................................................................................................................................5
Number of employees:.................................................................................................................7
Name of OHS Act applying to the company:..............................................................................7
Nature of work performed (Business):........................................................................................7
Research methodology:...............................................................................................................8
Part two. The body of the report:.....................................................................................................8
A. Identifying hazards, assessing risks and controlling risks:.........................................................8
Part A(a). WHS policies, procedures and programs:......................................................................8
Part A(b). Hazard identification:....................................................................................................9
Part A(c). Risk assessment:...........................................................................................................10
Part A(d). Risk control:.................................................................................................................10
Hazard identification:................................................................................................................10
Hazard assessment and control:.....................................................................................................11
Hazard control implementation:................................................................................................11
Hazard control monitoring:........................................................................................................11

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Role of hierarchy of control and evaluation of effectiveness of control:..................................11
Part A(e). WHS consultation:........................................................................................................11
Part A(f). Specific WHS hazards and their associated risks:........................................................12
Part A(g). WHS training:...............................................................................................................12
B. Role of the PCBU:....................................................................................................................13
PCBU’s legal responsibilities in health and safety legislations as per health and safety
legislation:......................................................................................................................................13
Duties of supervisors/team leaders in providing care to workers etc. in the work place:.............13
Legal responsibilities of workers (including section number of WHS/OHS Act):.......................13
The extent to which workplace policies, procedures and programs as well as the culture of the
organisation support the supervisors / team leaders in implementing their WHS/OHS
responsibilities:..............................................................................................................................13
Training level of employees:.....................................................................................................14
Systems, policies, procedures etc. assist supervisors / team leaders to implement safe work
procedures and practices:...........................................................................................................14
Recommendations:........................................................................................................................14
Conclusion:....................................................................................................................................14
Bibliography:.................................................................................................................................15