A difficult global economy has placed increasing emphasis on the importance of proactive, forward-thinking risk control to reduce rapidly changing exposures. Layoffs, downsizing, plant closures, mergers and acquisitions and Chapter 11 bankruptcy filings are placing new and challenging demands on risk control practitioners, forcing them to think in new ways in terms of resource utilization, exposure identification, and budget availability. Well-structured, proactive risk management programs enable busy risk control practitioners to weather the storm – without major loss producing gaps rearing their ugly heads.
This paper highlights tools and techniques to improve management and cost containment of safety and ergonomic programs in difficult economic times. These strategies include effective resource utilization (from vendors to employees to brokers/carriers), project management tips, and return-on-investment decision trees.
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