"Risk" is the new selling point to the C-suite
A number of vendors at this year's Safety 2016 expo, which opened Sunday afternoon, are promoting risk management and risk assessment tools.
The emphasis on risk reflects the thinking of thought leaders that executives respond to risks more readily than to issues labeled "safety," which many senior leaders associate with OSHA compliance and little else.
A number of Fortune 500 corporations have developed sophisticated risk matrixes for operations, ranking the severity of hazards and also ranking risk management tools, ranging from total elimination to catching risks before accidents happen to responding to risks after they have resulted in harm.
Risk systems look at what organizations can do to manage and control risk from an overall cultural standpoint; what senior management can do to control risks; what supervisors can do; and what employees can do.