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Risk management is an essential process that is adopted by management system in order to minimize the threat and overall hazards that may arise in conducting particular events. There are different type and nature of risks and there are number of factors that may arise in the organisation system. This report focuses on developing risk management plan in accordance to risk assessment and identify best option out of it. There are certain principles of organisational culture, psychology and human behaviour that has to be properly formulated by the system. Report highlight the case of an engineering company which have several health and risk involved in it.
An engineering company, which is in a period of high growth as the demand for engineers is at boom, but due to several problems that are faced by the organisation previously hence there is difficulty in growing and earning profits. The directors are under pressure in order to diversify in new markets and the existing team faces problem in relation to change in strategies and personnel rules (Lam, 2014). It is the duty of health and safety officer to assess the risk which is conducted in five steps that are discussed below:
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From the above formulated steps of risk management it can be concluded that every employee working in the organisation must be safe and secure so that no health issues must rise that may hinder their performance.
The organisational culture of an engineering company is not complex as it is a period of high growth (Hoge, 2011). But due to trouble that occur in past is hindering their performance in respect of growth and earning profits. As admission of new CEO, he focused on diversifying the existing business so that there are number of changes that occur in strategy and personnel that poses huge pressure of leaders to execute it in proper manner so that sustainable growth could be accomplished. Thus, the risk in introducing changes arises in organisational system. Due to adoption of new project to build and install a new processing plant, there is a lack of space for the control systems hence, there is a risk of limited space in infrastructure and future maintenance. On the other hand, various employees faces hazard while working that include wiring mistake that lead to a nasty shock and lack of safety equipments. The major risk faced by the workers related to health hazards and level. Thus, it is the responsibility of the organisation to introduce such culture that promote safety of individuals.
According to the case study it is the responsibility to the CEO for combination of health and safety to tendered bids for work process. He is responsible for assessing the safety issues so that employee can work in conducive working environment. The leadership theory that can be applied in this organisation is contingency theory that define that leaders must play important role in motivating their team members so that they could work in accordance to set rules and regulations and lead to the achievement of final goals and objectives in conducing manner. As it is facing many problems related to working process hence, it is indispensable to make them motivated in order to achieve the set targets in particular time period (Burke, 2013).
Objectives |
Plan of action |
Benefits |
Material resources |
Time period |
Monitoring strategy |
Reduction of Risks while working. |
Management have to provide proper training and development programmes to the workers |
Reduction of health issues of employees. |
On the job training |
1-1.5 months |
Observation of employees while working. |
Recruitment of potential candidates possessing correct skills and knowledge |
Proper recruitment strategy must be imposed by management system. |
Potential and knowledgable employees will be employed. |
Proper strategy and rules. |
 1 Month |
Reviewing recruitment plans frequently. |
Creation of space for infrastructural to build and install a food processing plant |
Expand the existing infrastructure |
Space for control room |
Infrastructure materials and equipments |
2 Months |
Proper functioning of work process |
According to the section 19 of the health, safety and welfare at work act 2005 it has been formulated that every worker or employees working in organisation system must evaluate the hazard or issues that may occur in the working premises on the same hand assess the various type of risks associated with it. The management system play a vital role in this respect as they have to frame proper policies and procedures regarding these guidelines and always ensure that employee do not get hurt and remain safe and secure. Thus, health and safety manager of an engineering company must ensure that all the norms that are framed under this act should be properly implemented. As there are several mistakes that are being made that include wiring mistake conducted by electrical engineer as he got a nasty shock and mechanical engineer caught his finger on an unprotected motor. It is important to put focus on these issues properly so that risks can be minimized at significant level (Chen, 2012).
It is require to draft proper safety statement that involve following all steps and procedures in correct manner so that creation of healthy environment can be created. There are basically three reasons that is essential to carry out the risk management process which are as follows:
From the above discussion, it can be concluded that it is essential to carry out the risk assessment process in prospective way so that proper conduction of work could take place that does not allow any mismanagement in the organisational system. These standards provide base for carrying out the whole process in effective manner (Grobauer, Walloschek, and Stocker, 2011).
As engineering company is facing many problems and issues related to health and safety of all workers working there. Thus it become important to formulate certain objectives and aims  for safety and health measures sue to several reasons, that are discussed below:
From the above discussion it has been concluded that there are several reason in order to frame aims and purposes for safety and health measures. Similarly, in order to remove the health related issues that are present in engineering company proper norms and rules must be formulated to remove any barrier that is directly linked with health problems and issues of employees. It is require to make employees happy and feel secure so that they can able to contribute with high productivity and efficient so that best outcome and results could be realised in set time period (Haimes, 2015).
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From the above case study about engineering company that is growing with sustainable ratios but is having problems related to health issues of employees that are working there. Thus, it is important to execute norms related to health and safety of the workers and proper standards must be maintained. Managers must play proper attention regarding working style so that they do not face problems related to health issues.
From the above prepared report it can be concluded that risk management is an important process carried by management that impact the organisational culture in many ways. This report highlight the examination of basic principles and aspects of risk management and organisational psychology as it is directly connected with occupational health and safety. Report is based upon the case study of an engineering company that is full of several problems related to health and safety of workers working there. Thus, it is important to formulate risk management strategies in order to face these issues effective and efficiently. There are certain standards, legislations that behave to adopted by organisation system in order to face all issues related to safety measures.
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