Organizations can learn systems-based risk management lessons from Princess Diana's tragic death to prevent accidents from occurring in their workplaces.
(PRWEB) January 31, 2013
Risk management consulting firm Omega Systems Group Incorporated is offering a free report: How to Systematically Prevent Accidents.
The report analyzes how the 1997 death of Princess Diana in a Paris tunnel provides three risk management lessons any organization can learn from to predict and prevent accidents.
The nine-page report is written by Omega Founder and Chairman Vernon L. Grose. Business Week describes Grose as "one of the founding fathers" of applying systems methodology to risk management.
The report explains how:
-- Accidents never happen in isolation
-- You can prevent accidents with total-risk scenarios
-- You can calculate the cost of accidents before they happen
"Do you know what an accident would cost your organization?" asks Grose. "Do you know your `Total Cost of Risk?'
"To systematically prevent accidents and manage risk you must ask and properly answer such questions. Proven step-by-step techniques are available to determine and document which risks you can optimally manage and which are too trivial, unlikely, or cost-ineffective for you to waste your money on."
Could the accident that killed Princess Diana have been anticipated, even prevented?
"Of course," says Grose, "in numerous ways. The good news is organizations can learn systems-based risk management lessons from Diana's tragic death to prevent costly accidents from occurring in their workplaces."
To download the report, go here.
ABOUT OMEGA SYSTEMS GROUP INCORPORATED: Based in Washington, D.C., Omega Systems Group Incorporated is a risk management consulting firm that features TOTEM, a Web-based program that enables decision-makers to have at their fingertips all identified risks – whether legal, technological, environmental, security, safety, political, or human.