SAFETY DESK: 10 Factors of Risk
The importance of daily communication about risk tolerance cannot be underestimated.
Each person has a different level of risk tolerance for different reasons.
One of our goals should always be: coach all of our employees to the lowest common level of risk tolerance possible.
As a reminder, the 10 factors that must be considered when evaluating the risks around us are:
Overestimating capability of experience
Familiarity with the task
Seriousness of outcome
Voluntary actions and being in control
Personal experience with an outcome
Cost of non-compliance
Confidence in the equipment
Confidence in protection and rescue
Potential profit and gain from actions
Role models accepting risks.
Let’s start 2019 by encouraging everyone to take ownership of the risk assessment process and continue to focus on: When I SEE something, I will STOP and DO something.
Lyman-Richey Corporation Safety Director