Employee Ownership of Solutions and Learning
Another important group of management practices emerging from our data encourages employees to take ownership of innovation and learning.2These practices are central to a continuous-improvement performance culture, one of four winning combinations of practices (which we call “recipes”) that we identified through the OHI.Bottom-up innovation involve.
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Financial and Nonfinancial Incentives
We found that consequence management (creating accountability by linking rewards and consequences to the performance of individuals and teams) is a critical management practice associated with safety.
So far, so predictable.
Interestingly, however, two practices—providing both financial incentives and nonfinancial rewards and recognition—are also i.
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Is there a link between organizational health and safety?
To test the link between organizational health and safety, we drew upon two widely accepted measures of safety:
the total recordable incident rate and the lost-time incident rate. 1 The US Occupational Safety and Health Administration and writers of environmental, social, and governance reports use these metrics to compare industries and groups. ,
Is your company compliant with health and safety regulations?
Part of this compliance is the strict adherence to health and safety regulations.
Health and safety should be a key component of every company’s corporate governance framework by ensuring that companies provide a safe workplace for employees, contractors, and visitors.
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Should health and safety be a corporate governance issue?
HSC explains that for for many organisations, health and safety is a corporate governance issue.
The board should integrate health and safety into the main governance structures, including:
board sub-committees such as :risk remuneration and audit. ,
What is corporate governance and why is it important?
With governance, companies must institute internal controls not only in financial systems but also in health and safety initiatives.
As prime movers of health and safety, it behooves us to educate management and employees on the essence of health and safety compliance as part of corporate governance.
Former Director-General of Ireland's Health Service Executive
Paul Reid is an Irish former public servant, who served as Director-General of the Health Service Executive, the national health service coordinating body, from April 2019 to October 2022.
He previously was chief executive of Fingal County Council from 2014 to 2019, and before that worked in Ireland's Department of Public Expenditure and Reform and an international development charity, after a 25-year career with telecom service provider Eircom and its predecessors.
