Looks like nothings changed – so why do I need a new risk assessment?

This is one of the most common questions our Bison experts get asked, and at first glance, it seems like a no-brainer.

After all, if everything in your business premises is just the same as before, it must be just as safe from risk as before. Right?

Wrong!

In reality, maintaining up-to-date risk assessments is a crucial, ongoing process that protects your business, your people and your customers from unforeseen threats, legal issues, and operational disruptions.

So here are 5 reasons to keep your risk assessments current – even when conditions don’t seem to have changed:

1. The world of risk evolves.

You can control what goes on in your business premises, but things change in the outside world. This can range from new regulations and legislation, to advancing technologies and even to events like the pandemic. It’s a real concern for responsible business owners – but at Bison Assist, our experts stay fully on top of all the important factors so you don’t need to worry.

2. The human factor.

Everything might look the same to you, but in a busy working environment, tiny changes can happen bit by bit. Maybe you have some new staff, or you’re doing things slightly differently. Your updated risk assessment will note and assess all of these little things, because they can add up and action might be needed.

3. Resilience and confidence.

Keeping your risk assessments up to date signals to the people who work for you, and to those who use or invest in your business, that you are conducting things responsibly and with all due care. Risk assessments also provide confidence that your business will be fully resilient if unexpected situations occur.

4. Managing costs.

Think risk assessments are just about managing emergencies? Think again – they are all part of effective cost management. The old saying: “A stitch in time saves nine” says it all; a good risk assessment can spot risks that could cause future problems, disruption and expense so you can fix things before they become costly.

5. Getting better all the time.

What business doesn’t want to do that? You continually strive to grow your business, provide even better customer service and encourage a happy, healthy workforce. Risk assessment helps you spot opportunities for improvements that can make all of these an evolving reality. As a member of our Bison Herd, you can be sure our experts will always point you in the right direction.

Building stability with the help of Bison

You’re very busy. In fact, everyone in your organisation is busy, just getting on with the important work that makes your business a success – but that can mean it’s hard to spot changes that might have a severe impact if they are left unchallenged.

Head of compliance at Bison Assist, says: “Risk assessments are a legal responsibility, of course, and should never be ignored or pushed to one side as the legal consequences can be serious.

“But it’s not just about eliminating potential penalties. Up to date risk assessments by experts like our team are a positive, helpful and important annual health check on your business, and also keep your staff and customers safe from harm“

So don’t allow yourself to be complacent because you think nothing in your business premises has changed. Renew your risk assessments with Bison and you might be surprised – and even pleased by what the results can help you achieve!

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