Enterprise Risk Management for Companies

This report emphasizes the significance of providing a safe working environment for employees. It highlights the responsibility of companies to ensure employee safety and secure working conditions. The UK government's regulations and legislation are discussed, along with the process of risk assessment and its application in workplace settings.

Workplace health and Safety

EXECUTIVE SUMMARY
In an organization, employees plays a very significant role for address objective. In the
absence of human resource, firm can not address the determined objective. Thus, management
should take care of its workforce in such manner so as they can safety carry it their working
within company and address the objective of business. In addition to this, safety of employees is
another one of the major concern for company so it is very important for manager to follow each
and every aspect that helps to corporation in managing health and safety of employees. If there
are any personnel's harms and injured at workplace then it is great responsibility of management
to provide proper remuneration and remedies to that particular employees. In the UK government
have developed several kinds of legislation and norms for provide safety, security and protection
to employees from any uncertain injury, hazard and risk.

TABLE OF CONTENTS
EXECUTIVE SUMMARY.............................................................................................................2
INTRODUCTION...........................................................................................................................4
MAIN BODY...................................................................................................................................4
Supervision..................................................................................................................................4
Legislation's and policies............................................................................................................5
Risk assessment...........................................................................................................................7
Health and safety practices..........................................................................................................8
Safety..........................................................................................................................................9
Action plan.....................................................................................................................................10
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14

INTRODUCTION
In each business association, there is some sort of plausibility of unverifiable mischances,
danger and hazard which may straightforwardly influence the health of the business and
representatives. Keeping in mind the end goal to limit such sort of mishaps, indeterminate
mischief and hazard, company administration requires embracing successful practices,
arrangements, enactment and implicit rules. Besides, higher expert of the association requires
overseeing business exercises in such way so as indeterminate perils can diminish from the
working environment (Lloyd, 2001). For this way, UK government has created different
enactment and direction so as each individual would safe be able to their health from dangers and
hazard in the business endeavour. The accompanying venture examined the different framework,
arrangements, system for imparting data. In addition, kind of hazard evaluation segments by
which organization can secure their representatives has been likewise tended to in this report.
Moreover, examination of the impacts of rebelliousness with health and security enactment has
likewise considered in this venture. In this report, case study regarding Alan Jones has been
described.
MAIN BODY
Supervision
As per the given case scenario, on the 20th September 2017 an employees got an accident
by rider operated lift truck. As per the given case study, I was asked by the supervisor of the
Repair Department to go to bay 5 to pick up a gearbox for removal to the ready-use store. When
I got to bay 5, the two trainees had just loaded the gearbox onto a pallet. I picked up the pallet
with the fork lift and set off to the ready-use store. Due to ineffective arrangement and
infrastructure, Alan Jones got injured. I ran to the store supervisor's office for get help. The store
supervisor came along after a couple of minutes and said the ambulance was on its way. He
asked Alan a few questions about what he was doing there in the long-term store. The ambulance
arrived after about fifteen minutes. I haven’t moved the fork lift or the gearbox since the
accident. As per the research it has been identified that there is very poor culture and safety
within the organisation. Due to ineffective working environment and poor cultural safety,
employees faced accident and go serious injury at workplace. In this situation there is
requirement for management to understand the various policies and practices regarding the
health and safety of employees at workplace. By following several policies and practices,

corporation can eliminate the chances of uncertain accidents and hazard with employees at
workplace.
Legislation's and policies
In this case management of the organisation should understand the some legislation and
policies that have developed by government in order to provide safety and security to employees
at workplace.

 Health and security at work act 1974-
◦ According to this feline, in each business association representatives, managers and
temporary worker have general obligation or duty to keep up all procedure and
arrangement of working in such way so as unverifiable mischance and hazard can
limit. With help of this enactment, association can control the unlawful procurement,
ownership and utilization of unsafe substance and furthermore can control certain
emanation into the environment. This arrangement of health and security additionally
help to the association as far as work therapeutic warning administrations.
 Health and security direction 1981
◦ This demonstration expects businesses to give sufficient and proper gear, offices and
faculties to guarantee their representatives gets quick consideration on the off chance
that they are harmed or taken sick at work environment (Hartley, 2012). This
enactment framework is identified with the emergency treatment office through
which specialists or representatives can undoubtedly take the treatment or restorative
office in the event that they are harmed or confront any physical mischance at the
working environment. For instance, if in the organization, workers and staff part has
harmed amid taking care of high hardware and giving treatment to patients. In such
case, administration have duty to render introductory treatment and therapeutic
offices to them.
 Detailing of wounds, sicknesses and risky events directions 1955-
◦ According to the RIDDOR demonstration, its real duties regarding boss,
independently employed or those in control work premises to report certain business
related mishaps, certain wounds, infections and unsafe events to the significant
upholding expert, either the neighbourhood specialist ecological health obligation or
the health and security official.
 Work health and safety act 2011
◦ As per this legislation, there is a great significance of employees at workplace
regarding their health and safety (Hampton, 2014). This legislation provides a
framework to protect the health, safety and welfare of all workers at work. It also
assists to protect the health and safety of al other people who might be affected by the
work. As per this legislation, all workers are protected such as employees,

contractors, subcontractors, outworkers, apprentices and trainees, work experiences
students, volunteers, employers etc.
As per the above discussion it has been analysed that there are several kinds of legislation
that have been developed by the UK government in order to provide protection and security to
employees at workplace. In addition to this, management of organisation should also focus on
the risk assessment process which helps to company in identifying several risks associated with
workplace activities and functions (Hampton, 2009.). Risk assessment is procedure to decide the
potential damages and examined what will happen if the peril occur at work environment By
utilization of hazard appraisal, data illuminates about the care arranging and hierarchical basic
leadership about the arrangements and strategy. In a basic word one might say that hazard
appraisal is a procedure of distinguishing proof, assessment and estimation of the level of the
dangers engaged with a circumstance. It is a methodical strategy of distinguishing factors that
can adversely affect an association's capacity to direct business (Fraser and Simkins, 2010). This
procedure help with ensuring staff individuals and in addition benefit clients in the association.
With help of hazard evaluation process, administration can build up an appropriate getting ready
for shielding administration clients from chance and unverifiable risks. Association should create
or convey reasonable foundation as per the appropriateness of patients so as they can without
much of a stretch convey their every day routine work. Further, organization ought to keep up
great gauges of housekeeping, repair the harmed floor, give reasonable footwear, ensemble for
benefit clients, clean shower and wash rooms and so forth.
Risk assessment
In order to implement the risk assessment process within the company, management
should focus on the several stages which are discussed below-
Analysis- This is the first stage of risk assessment under which corporation requires analysing its
internal as well as external environment. In this stage management of company analyse the
associated risk and hazards within business unit. Management required to focus on several areas
where chances of high level risk.
Risk description- Once the analysis conducts within the business unit then in the next stage
company requires describing the found risk within business through which employees can get
harm and injured at workplace.

Estimation of control measures- Once the risk has been identified in the previous stage then in
the next stage company required to estimate several measures through which associated risk can
control in effective and efficient manner.
Evaluation and review- In this stage company requires evaluating and asses the performance of
business after implementation of risk management strategies.
As per the above discussion it has been analysed that there are great significance of risk
assessment and its various stages within the company. By apply these process within company,
corporation can easily overcome the associated risk in effective and efficient manner.
Health and safety practices
Following are some strategies to monitors and review the health and safety practices within the
company-
 Review of hazard With help of this technique, association can set the abnormal state
standard of the health and security (Duckert, 2010). By this carer labourers and staff part
will undoubtedly actualize all enactment and direction while they convey mind
administrations to patients. By utilizing health and security administration framework,
UK government can without much of a stretch recognize whether the care home take
after the enactment and approaches or not keeping in mind the end goal to render the
health to benefit clients and specialist co-op.
 Measure the adequacy This is the best technique to screen and survey the health and
security hones at the work environment. In this way, association measures the quantities
of peril and hazard brought about and their effect on the administration clients and in
addition mind specialist (Connelly, 2014). With help of this estimation, association can
without much of a stretch measure the viability of health and security strategy. Moreover,
by utilization of this estimation, association can likewise enhance the current strategy and
framework.
 Hazard evaluation This is another technique for screen and survey the health and security
arrangement under which peril can undoubtedly decide. With help of this,company can
recognized who may be hurt from the risks and the current health and security strategy
are reasonable or not for ensure the administration clients and specialist organization
from hurt. Aside from that, by this association can likewise recognized new region if

chance and grow new arrangement for them so as every one can securely live in the
association.
 Survey of practices: With the assistance of the accompanying technique, organization can
screen and audit health and security rehearses. By surveying the diverse systems, the
administration will decide the escape clauses in existing practices and know its viability
at working environment (Chitakornkijsil, 2010). In this manner, the assembled data will
help in taking the activities to make redresses in current health and security practices and
resolve work based issues.
 Learning from experience It is a most basic method for observing and assessing existing
health and security rehearses. By utilizing this technique, administration of association
will comprehend the adequacy of present health and security applications. The experience
will help in break down whether the present health and security activities decreased the
mishaps and episodes with clients or not. Subsequently, by gaining from experience,
company will ready to screen and survey health and security hones and in addition its
viability.
Safety
It is very important to control risk in organisation so that safe and healthy working
environment can be created. It will help in improving employee efficiency as well as promoting
safe culture. Along with these strategies, management soul also promote safe work culture within
the company so as every employees and worker effectively acknowledge about the important of
health safety at workplace. By help of several practices, management of company can promote
the safe work culture at workplace. For this management can develop several strategies or take
risk control measures to minimise risk. These are as follows :-
Employee education
It is the best way to promote safe culture in organisation. In this employee can be
educated about different ways of reducing risk and safety measures. With this employee can
easily recognise potential hazardous condition. This will enable them to follow certain practices
at work place (Berkowitz, 2001.). It will ensure safety of employee and organisation.
Employee involvement
It is the most common way in which employee are involved in decision making process.
It helps in getting their views and thoughts. Then, accordingly changes can be made. In this a

process can be developed that will help in taking effective measures in case of hazard.
Moreover, errors can be evaluated by sharing views of employees in that process.
Appoint a safety champion
In this organisation can hire an experience candidate that can perform responsibility of
providing safety culture (Banks, 2013). This person will initiate several programs like safety
programs, surveys, etc. it will help in making improvements in policies and strategies. By this it
will be easy to educate as well as promoting safe culture.
Using EHS tools and applications
Organisation can install several tools and applications that will help in analysing risk and
minimising it. Moreover, by using these tools reports can be produced. Also, regular corrections
can be taken to improve existing safety measures. It will help in promoting safe culture.
Perform baseline assessment
Doing this will help in identifying strengths and weakness of safety measures. It helps in
giving all details regarding existing safety measures. After this strategies can be made to improve
that. Besides this, changes made in it can be communicated to employees. Also, it will be useful
in assessment of results.
Continuous improvements
In this barrier, measures and actions can be analysed so that loop wholes can be
identified. Thus, it can be improved by taking appropriate actions. By this employee will feel
safe to work in organisation (Bainbridge, 2009).
Thus, by developing these strategies risk can be mitigated and safety measures can be improved.
Employees will know their roles and responsibilities. It will help in promoting safe culture
within organisation with employee engagement.
Action plan
The action plan for the organisation is discussed as under :
Objectives Activities Time frame
Use advanced technology  Company should use
advance technologies
and equipment so as
rate of uncertain
accident and hazard
2 months

can automatically
reduce at workplace
(Awadallah, Milanovic
and Jarman, 2015).
Some time due to
inappropriate
technology and
machinery accidents
and injuries with
employees occurs.
 Thus, with help of
advanced technologies
and equipment the
chances of uncertain
hazard and risk can
automatically
overcome within the
corporation. Highly
advanced technologies
and equipment helps to
company in increasing
the quality of working
through which
uncertain accident and
hazard can
automatically
overcome within the
company.
Training and development  This is another one of
the significant strategy
through which
3 months

corporation can
promote health and
safety within the
corporation. In this
strategy company
should provide training
and development
program to employees
by which they can get
knowledge and idea
regarding work related
health and safety
(Acharyya and Brady,
2014).
 By help of training and
development program
company can provide
opportunity to
employees for learn the
methods and criteria to
operate the equipment
and technologies at
workplace so as they
can escape from
uncertain accidents and
hazard.

CONCLUSION
From this entire report it has been concluded that within the organisation human resource
have great significance. Hence, it is great responsibility of company to provide safety and secure
working environment to employees so as they can securely carry out their working. UK
government have developed various regulation and legislation that have to followed by
management in order to provide safety and security to employees. It has been also concluded
from this report that . Risk assessment is procedure to decide the potential damages and
examined what will happen if the peril occur at work environment By utilization of hazard
appraisal, data illuminates about the care arranging and hierarchical basic leadership about the
arrangements and strategy.

REFERENCES
Books and Journals
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Andersen, T., n.d.. A Strategic Risk Management Framework for Multinational Enterprise. SSRN
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Awadallah, S., Milanovic, J. and Jarman, P., 2015. The Influence of Modeling Transformer Age
Related Failures on System Reliability. IEEE Trans. Power Syst. 30(2). pp. 970-979.
Bainbridge, S. M., 2009. Caremark and enterprise risk management. UCLA School of Law, Law-
Econ Research Paper. 25(2). pp. 09-08.
Banks, E., 2013. Enterprise Risk Management. Alternative Risk Transfer: Integrated Risk
Management through Insurance, Reinsurance, and the Capital Markets, 171-192.
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Healthcare Risk Mgmt. 21(1). pp. 29-38.
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Innovation (Online). 3(2). pp. 309.
Connelly, N., 2014. Sharing in the Caring: Enterprise Risk Management, Disney style. Journal
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Duckert, H. G., 2010. Practical Enterprise Risk Management: A Business Process Approach.
John Wiley & Sons
Fraser, J. and Simkins, B., 2010. Enterprise risk management. Hoboken. N.J.: Wiley.
Hampton, J., 2009. Fundamentals of enterprise risk management. New York: American
Management Association.
Hampton. J. J., 2014. Fundamentals of Enterprise Risk Management: How Top Companies
Assess Risk, Manage Exposure, and Seize Opportunity. AMACOM.
Hartley, K., 2012. COMPANY SURVEY SERIES: I: BAE SYSTEMS PLC. Defence and Peace
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