As a boss, you have a responsibility under the law to manage health and safety risks. However, it’s not just the legal case for effective risk management that you should consider. Think about the business case too. If you’re not careful, lapses in and health and safety could put potential customers off your company – and this would be bad news for your bottom line.
Have you received bad press?
One way in which poor safety standards could hit your firm concerns your reputation. It takes a long time in the business world to cultivate an image as a reliable, trustworthy organisation. However, a lapse in risk management can be enough to destroy all of this hard work. Highlighting this point, safety specialists Phoenix HSC warn that failing to comply with the law on these issues can result in a damaged reputation. Once you’ve received bad press over safety concerns, it can be a long, hard road to get the public back on your side. All the while, your sales may suffer.
Every year, hundreds of businesses are prosecuted for safety failings. In 2013-14 alone, 551 cases were brought by the Health and Safety Executive against organisations in England and Wales. A further 88 cases were prosecuted by local authorities over the same 12-month period. If you want to avoid the negative publicity that can come with such legal action, you’ll need to take safety issues seriously. [Read more…]