What is one of the objectives of carrying out a risk assessment?

One of the primary objectives of carrying out a risk assessment is to identify who might be harmed and how. This is crucial for several reasons. Firstly, recognizing potential hazards allows organizations to implement appropriate control measures to minimize or eliminate risks to employees, customers, and any other stakeholders involved. By understanding who could be affected and the nature of the potential harm, businesses can prioritize their safety protocols and improve their overall environment.

Effective risk assessments serve as a foundational step in creating a safer workplace and ensuring compliance with health and safety regulations. They also foster a culture of awareness regarding safety, encouraging staff to engage with and adhere to safety practices.

While reducing company expenses, establishing grievance procedures, and increasing profits are important business goals, they are not the primary focus of a risk assessment. The assessment's essence lies in safeguarding health and safety, which, in turn, can lead to improved employee well-being and potentially reduce costs related to accidents and non-compliance in the long run.