Risk Indicators and Mitigation Strategies for Health and Safety Compliance
Introduction: In today's dynamic business environment, organizations must navigate various uncertainties to achieve their objectives successfully. One critical aspect of operational risk is compliance with health and safety standards, a concern addressed by ISO 45001 (Occupational Health and Safety Management Systems). This essay will focus on the risk indicators and mitigation strategies related to health and safety compliance, specifically examining the Statement of Relevant Issues/Needs & Expectations in the given scenario. Scenario Overview: The scenario revolves around the uncertainties associated with non-compliance with health and safety standards, which may lead to accidents, injuries, legal actions, and damage to the organization's reputation. External parties, particularly legal and health and safety teams, are interested stakeholders responsible for ensuring compliance and minimizing associated risks. Risk Indicators: Type of Issue: Health and Safety Complianc