Five Reasons Why Risk Assessments Fail
Businesses often view risk assessments as a necessary evil resulting in significant resources being directed primarily towards compliance activities.
Of course, regulators who enforce legislation literally contribute to this wasteful and duplicitous behaviour costing businesses thousands of pounds in back-covering activity.
Forward thinking businesses that derive opportunities from risk have already cottoned on to the fact that risk assessments are not an evil necessity of everyday working life.
They have discovered a recipe that allows the assessment process to reduce direct cost and increase work effectiveness and efficiency simultaneously.
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