In an ever-changing business landscape, it is becoming increasingly clear that health and safety (H&S) can no longer be an afterthought when it comes to organizational strategy. Instead of approaching H&S from a separate, regulatory point of view, we encourage a paradigm shift toward reimagining H&S as a fundamental element of a business’s strategy.
Let’s explore why and how health and safety should be at the forefront of your business strategy.
Historically, occupational health and safety practices were built on regulatory, check-box strategies. Health and safety departments were often separated from the rest of the business and tasked with compliance, risk mitigation and incident response. This siloed approach often meant that safety concerns were addressed reactively rather than proactively. H&S officials had little interaction with the organization at large, leaving safety isolated from the business and causing accidents, injuries, legal liabilities and reputational damage to be dealt with reactively.
H&S is not just a question of legal and ethical obligations; it’s a key indicator of quality business strategy and operation.
The integration of health and safety into a company’s business strategy represents a fundamental shift in mindset. Instead of having a reactive organization and dealing with negative repercussions, this approach develops a proactive mindset around equipping and utilizing the tools and strategies which protect and deter the organization from H&S infringements.
Rather than viewing H&S as a cost, businesses should instead view it as an investment into their future. Here are further reasons to integrate H&S within your organization:
Prioritizing employees’ safety promotes a healthy workforce and fosters a positive work culture, driving engagement and productivity. When their safety isn’t taken seriously, work incidents can result in major issues such as lost time, retraining, worker rotation and steep medical costs.
Having a solid H&S record can work as a powerful differentiator for attracting investors, customers and talent. A strong commitment to preserving the health and safety of your organization can reduce insurance costs, enhance your reputation and create a healthier, safer workplace for everyone.
Placing H&S at the core of your company values will help ensure that your employees are healthy, safe and ready for work, while your business remains in compliance with regulations, reducing the risk of fines and litigation.
While investing in health and safety requires initial investment, it allows for long-term saving. Reducing accident and injury rates leads to lower healthcare costs, less time lost, higher productivity levels and increased employee retention rates.
For the best outcomes, H&S must be woven into the fabrics of your business, from leadership to culture to strategy. Achieving substantial change in health and safety within your company requires a nuanced approach to planning and execution. Strategically aligning your initiatives with the goals of your board will help you seamlessly embed safety at the heart of your organization.
Involve the entire organization in H&S, especially management and leadership. Ensure H&S is a value at your organization, rather than a priority which may shift and change with time. Promoting health and safety protocols and conversations across your organization will help ensure clear and effective strategies.
Consider H&S when making decisions about processes, products, new technologies and organizational changes. Evaluate how such choices will impact the health and safety of your employees and stakeholders.
Invest in quality training and education for your workforce. Ensure that the training engages with your people and provides a continuous learning environment.
Health and safety, like all aspects of your organization, requires constant reviews and updates. Ensure that your systems receive regular assessment, especially with the introduction of new practices and technologies.
Think proactively when it comes to H&S and shift your focus from risks to outcomes. Identify and manage risks and protect your entire organization from a variety of unexpected impacts.
Reimagining health and safety as integral to your business strategy is more than a noble idea; it’s a necessity in today’s world. Businesses that make health and safety a core value of their organization gain a competitive edge, reduce risk and build a sustainable future. By integrating health and safety into your operations, you can change the future.
If you want to learn more about the role EHS&S software plays in investing in your company’s health and safety, check out our blog: A Strategic Approach to EHS&S Technology Implementation