Safety and Loss Prevention Audits (“better the devil you know than the devil you don’t”)
You can’t do today’s job with yesterday’s methods and be in business tomorrow. George W. Bush. The usual expression is “better the devil you know than the devil you don’t”, and it also holds true with hidden operational risks and inefficiencies. Therefore, the Safety and Loss Prevention Audit, or in fact, when risks that remain undetected or are detected too late reveal themselves, comes with a price tag and at times a sharp price tag that is. It can even trigger crises at operating unit level or even at corporate level.