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Rebuild a safe and compliant workspace: Identifying assets at risk

July 9, 2020 By Kevin Price

The world is starting to go back to work. How do we make sure we do it right?

In the new normal, organizations will be required to not only improve cleaning and hygiene practices but to prove in an audit that they are following these practices in a regular, timely manner.

Download the eBook: Rebuild a safe and compliant workspace

Our blog post series reviews five key areas employers must consider in order to safely open for business and ensure operational continuity. In our previous post, we talked about updating preventive maintenance schedules. This week, we’ll look at the third consideration: focusing on mission-critical assets.

Consideration #3: Identifying assets at risk

Figuring out how to get back to business in the face of new safety and hygiene protocols could feel overwhelming. Where do you begin?

Understanding which of your physical assets are most critical to your operation, and therefore pose the greatest risks to business continuity, is the first step. Even under normal circumstances, assets should be assigned a criticality ranking based on the impact they would have on your mission if they were to fail. Related factors to consider, depending on your industry, are user safety, customer satisfaction, environmental impact, compliance with federal, state, and local regulations, and maintaining profit margins.

According to Health and Safety Executive, assessing risk requires decisions about:

  • Who might be harmed and how
  • What you’re already doing to control the risks
  • What further action you need to take to control the risks
  • Who needs to carry out the action
  • When the action is needed by

The steps you take now to identify your critical assets and create protocols for keeping them operating as planned will be one of the most important things you do to get your workplace back to business.

If you’d like to learn more about identifying assets at risk plus other topics related to getting back to work safely, we invite you to download the eBook: “Rebuild a safe and compliant workspace.”

Filed Under
  • Asset management
Product
  • Infor EAM
Region
  • Worldwide
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