Organisations that adopt a risk-based approach to strategic planning are more likely to thrive. Managers should control and manage the business to ensure it is properly mitigating, avoiding, transferring, and accepting risks.
When implementing their risk management plan, one risk that organisations should take in to consideration is fatigue. According to this year’s Major Accident Investigation Report carried out by National Transport Insurance, fatigue is a major cause of serious road crashes amongst heavy motor vehicles. This finding addresses an issue that affects businesses and business owners industry-wide.
Any company that pays employees to drive should incorporate fatigue into their risk management strategy. From those operating machinery, to delivery and taxi drivers, the effects of fatigue present in the same manner:
- Employee Health: Poor quality or insufficient sleep has an adverse effect on employee’s physical and mental health and can increases stress levels. When driving, this is particularly dangerous as it can result in accidents that your company may be held liable for.
- Employee Safety: Fatigued employees have a negative impact on general workplace safety, increasing the probability of something going wrong under your supervision. If the employee is behind the wheel at the time, damages can be severe and lead to huge costs incurred by your organisation.
- Employee Wellbeing: Employees are less productive and cannot operate at optimal levels when they are tired. Driving with reduced levels of awareness puts both your employee and others at risk and can result in costs incurred through the serious injury of one or both parties.
In the event that an employee is responsible for an accident while working, the business can be held accountable for any costs incurred as a result, including property damage and injury. It is therefore imperative that strategies are put in place to minimise your company’s risk of being affected by employee fatigue.
It is the employer’s responsibility to have strategies in place to reduce fatigue in their drivers. For example, employers can ensure drivers are taking regular breaks, and make sure all cars and machinery adhere to the upmost of safety standards to reduce the risk of an accident occurring.
Recognising and reducing risk is vital to the success of any business. It is important that you implement strategies to reduce risks associated with fatigue, but also have insurance in place to covers you in the event that an accident does occur.
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