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Asset Risk

POSTED BY in Asset Risk, Blog, Crisis Management, Cyber risk, Financial Risk, Food Safety, Legal Risk, Product Recall, Production Risk, Reputation, Risk Management, Strategic Risk, Supply Chain - TAGS , , , , , , , ,

Creating Value Through Managing Your Risk

70% of organisations only evaluate their risk profile on an annual basis, limiting their ability to tailor their risk management plan and business strategy to mirror the ever-changing commercial landscape – EY  The guiding standard for risk management, ISO 31000, defines risk as the effect of uncertainty on objectives.  Whilst this framework can be helpful, in establishing the context, and identification…

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POSTED BY in Asset Risk, Blog, Legal Risk, News & Articles, Reputation, Risk Management, Safety, Safety Management System - TAGS , , , , , , , ,

Keeping safe, mentally and physically in the workplace

Keeping safe, mentally and physically in the workplace  Are you across the new SafeWork code of practice? Designed to help manage psychosocial hazards at work, it is based around a set of key guide lines surrounding mental health injuries and traumatic incidents at work.   The new code was created to ensure workers aren’t exposed to potential risks to their health and safety, simply for…

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POSTED BY in Asset Risk, Equipment, Human Resources, IBA, Legal Risk, Manual Handling, Production Risk, Risk Management, Safety

How Technology is Putting the ‘Pro’ in Proactive Manual Handling

Workplace injuries can happen any day of the year and with a 16% rise in legal proceedings resulting in convictions, it is crucial that businesses equip themselves with the necessary tools to minimise their risk, and the relevant armour to combat any road-bumps along the way. In our highly stressful and time-poor day-to-day, we tend to dive headfirst into tasks…

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POSTED BY in Asset Risk, Risk Management

Insurance Banned for WHS Fines

The Work Health and Safety Amendment (Review) Bill 2020 (NSW) passed through the NSW Upper House on 4th June 2020 and was assented to (became law) on 10th June 2020. This Bill introduced a raft of new amendments to the Work Health and Safety Act 2011 (NSW) (WHS Act) and Work Health and Safety Regulation 2017 (NSW). One particularly significant change…

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POSTED BY in Asset Risk, Covid

The risk of change in the COVID-19 era

As we come to term with our life now known as “the new normal” we acknowledge that many things have changed in a hurry. When change occurs fast, there is more chance for things to be missed, not thought through or just go wrong. Consider the reputational damage from the poorly thought through Krispy Kreme promotion, or the challenges of…

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POSTED BY in Asset Risk, Contractor Safety, Covid

First Conviction for Industrial Manslaughter

Industrial manslaughter has been gradually introduced to safety legislation across various jurisdictions in recent years in response to high profile incidents such as the Dreamworld tragedy. The introduction of this offence in the legislation raises the bar significantly should an offence occur and a PCBU or an officer is found to be negligent and a death of a worker results….

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POSTED BY in Asset Risk, Blog, Crisis Management, Financial Risk, Food Safety, Product Recall, Production Risk, Reputation, Risk Management

Do you need a Recall Partner?

If a recall were to happen tonight – would your company be ready to respond? No one is immune from a food safety crisis and its ripple effects on consumers, stakeholders and hard-earned reputations.  Most likely, you have been fortunate so far and the only recall you may have experienced is in a mock recall.  But, be prepared. How would...
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POSTED BY in Asset Risk, Blog - TAGS , ,

Is EPS insulation putting your business at risk?

After another serious fire spreads through a factory in Sydney, food and beverage businesses are reminded of the impacts of a fire in a building with this type of construction. We’ve heard it all before: EPS insulation panels pose a significant fire risk to factories and warehouses. This is a global issue that has been around for 20 years –…

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POSTED BY in Asset Risk, Blog, Legal Risk, Strategic Risk - TAGS , ,

Millions of reasons why you need to care about the Food and Grocery Code of Conduct

As we all know, major Grocery retailers across Australia have agreed to the voluntary Food and Grocery Code of Conduct, which ensures they adhere to certain standards of conduct whilst engaging with suppliers. As a supplier, this provides you with a valuable tool to engage and negotiate your terms and conditions with these powerful retailers. The catch? You must do…

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