Did you know that 56 workplace fatalities have already occurred this year (source: Safe Work Australia)? This statistic is an unfortunate fact that highlights how critical Workplace Health and Safety is, irrespective of what industry you’re in. While Australia is still ranked among the top health and safety performing nations, this statistic is still too high.
With greater focus being placed on the risk control environment these days, the challenge for a lot of risk managers is how to be across everything.
Once your organisation has committed to building a solid Enterprise Risk Management (ERM) strategy, it will be crucial to invest in the best tools to inform and execute that strategy in order to make sound business decisions. This is where enterprise risk management software comes in and there are five essential features you need to look for.
If you’ve Googled Enterprise Risk Management (ERM), the results can make your head spin. To simplify what all this means, we’re going back to the basics of what ERM is and why it’s something organisations need to invest in.