Is there such a thing as a “safety risk”?
florian.glinserer • February 8, 2018
Food for thought from Rod Farrar (Principal Consultant, Paladin Risk)
Is there such a thing as a “safety risk”? Rod Farrar, Principal Consultant at Paladin Risk , discusses in a blog post on his website how “a risk is a risk”, and that it will often have multiple impacts. If there is a safety impact, it may be the most important one, of course: safety is a critical factor in many industries. Managing safety is good business, and many risks have safety implications that need to be understood and managed.
Here's my viewpoint:
I am an adherent to thinking about risk in an integrated and holistic way.
Also, we should remember that many techniques to manage safety have contributed to broader risk practices and techniques that can be, and are, applied to all sorts of situations – such as the Bow Tie Analysis, Scenario Analysis and good practices in industrial Operational Risk Management.
There is clearly a lot of synergy in how we can manage risks with safety impacts and how we manage risks that do not have safety impacts.
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