Implementation of Risk Management at Pitshop Pty Limited

Running head: WHS
Work Health and Safety
Name of the Student:
Name of the University:
Author Note:

1WHS
Table of Contents
Assessment 2:..................................................................................................................................1
Introduction:....................................................................................................................................1
Part 1. Review of the simulated workplace:....................................................................................1
Part 2. Meeting board of directors and senior management:...........................................................2
Part 3. Meeting with the board of directors:....................................................................................2
Part 3a. Outline requirements of WHS planning; refer to appropriate standards:.......................2
Part 3b. Discuss and consult on procedures to manage WHS risk:.............................................3
Part 3c. Discuss and consult on compliance and standards to adhere to:....................................3
Part 3d. Discuss and consult on WHS targets and performance measures:.................................3
Part 3e. Describe key elements of implementation to be piloted at Wollongong store:..............3
Part 4. Development outline of plan, containing outcomes of consultation:...................................4
Part 5. Development draft risk assessment and control procedure:.................................................4
Part 6. Developing a draft implementation/action plan for the Wollongong store:.........................7
Part 7. Meeting with Wollongong Manager:...................................................................................7
Part 8. Role Play:.............................................................................................................................8
Part 9. Adjustment of the implementation plan:..............................................................................8
Part 10. Submission of documents:.................................................................................................8
Conclusion:......................................................................................................................................8

2WHS
Assessment 2:
Introduction:
Implementation of risk management is the second step of risk management operations of
business organisations. The process involves implementation of the steps formulated by the
management of the company to manage risks. The management, the employees and the
stakeholders like investors and customers have to collaborate to ensure success of the process.
The aim of the assignment wold be implementation of the risk management plans at Pitshop Pty
Limited.
Part 1. Review of the simulated workplace:
The review of the simulated company namely, Pitshop Pty Limited shows that the
company is financially strong. This is evident from the fact that the company had operated in the
market profitably for 5 years. The financial strength of the company is also evident from the
market expansion strategy which the company took to expand its business. The company in order
to expand its business acquired smaller companies and rebranded them under its own name. The
company also followed a strong risk management policy which shows clear participation of the
management and the staff in the process. The management of the company also expanded its risk
management policies to its subsidiaries and newly acquired companies. The review however
showed that in spite of having strong management policies in place, the company did not
implement them efficiently. This had resulted in accidents in which employees were injured.
This presence of hazards repelled employees from being regular at work. The employees lacked
motivation and felt insecure, which ultimately impacted the productivity of the company.

3WHS
Part 2. Meeting board of directors and senior management:
The board of directors and the senior management of the company should be met to
discuss the necessities of the WHS plan. The process should include identification of the hazards
to point of effective control methods to minimise the hazards. The WHS plan should take into
account the laws and policies which should be incorporated in it. The plan should also include
monitoring of the performance of the proposed risk management system, improve the plan and
implement the plans.
Part 3. Meeting with the board of directors:
Part 3a. Outline requirements of WHS planning; refer to appropriate standards:
The following is the outline of the requirements of WHS planning:
1. Complying with the relevant standards of risk management laid down by the laws like Safe
Work Act 2008 and others.
2. Development of risk management system aligned to the business requirements of Pitshop Pty
Limited with the apex management at the helm.
3. Training of employees.
4. Training room
5. Trainer(s)
6. Internet and teleconferencing systems