Risk in business is inevitable – in fact it is essential. A business which does not take commercial risks will not grow and a business which does not grow is doomed to decline.
Managing the various risks arising from business operations has always been a challenge for company directors in all sectors, but a recent change in the law for England & Wales has changed the risk management landscape significantly.
I was recently asked by a colleague whether there was any evidence that the Sentencing Guidelines for health & safety offences, which came into effect in February 2016, were actually having an effect.
This is the nightmare scenario for every company where medium to high risk activities are being carried out