Benefits of a Successful Safety Management System

Taking a systematic approach to safety management makes managing your business both easier and more effective. It allows you to work out the best way to handle each aspect of your organization’s safety program while making sure that everyone uses the same approach every time.

A consistent approach like this reduces the number of mistakes and the associated cost of correcting problems. It also reduces the level of risk and ensures that you comply with legislation. This can positively influence your business in many different ways.

• Improved health and safety performance by your business will reduce the costs associated with accidents and incidents.
• Improved awareness of regulatory requirements reduces the chance that you will commit any offences.
• If employees see that you are actively looking after their health and safety, employee relations and morale will improve.
• The public will see that you are taking a responsible attitude towards your employees. This improves your image and helps generate positive PR for your business.
• Improving the efficiency of your business reduces your costs.
• You can demonstrate to your insurers that you are controlling risk effectively. This will often help lower your insurance premiums.
• Banks and investors will be more willing to finance your business if you can show that it is well managed.
• Business partners have more confidence in your business. Larger companies and government agencies are more likely to buy from businesses that can show effective management systems.

Do you have a safety management system?  Is it effective? Do let us know.