The recent disastrous event of the offshore drilling rig Deepwater Horizon, underscores the message that Environmental, Health & Safety (EH&S) business risks can originate from any operating or decision-making position in a company. Although no information is known about the confirmed cause of this incident at this writing, the incident itself presents relevant lessons learned to any company who has an operations section or is involved in any way with construction. No matter if the industry is heavy manufacturing or LEEDS home building, the company can face adverse consequences and damages to their bottom line and to their reputation. These impacts also extend beyond the company to other stakeholders who may be impacted directly and indirectly: neighbors, stock-holders, vendors, and industry peers each have a stake in the outcome. Any and all of these stakeholders may claim foul and initiate damage suits. The environmental consequences from Deepwater Horizon are likely to be far reaching and impacting to many industries and other stakeholders; claims are certain to follow.
Are your clients positioning themselves for their own disaster?
How are you helping them identify and mitigate potential risks before they become reality?
Business Risk Drivers often originate where accountability for results and implementation responsibility are separated. The more complex the operation - the more the organization requires sophisticated communication and tracking processes.