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What are Risk Culture and Safety Culture Surveys?

Risk culture is a set of shared values and beliefs amongst individuals in an organisation that determines the attitude of the organisation towards taking and managing risks within. Risk culture, is therefore values-based and ethically driven rather than based on processes or formal governance. 

 

Despite millions of dollars being spent on risk management systems, these robust risk systems continue to fail. This can be attributed to the poor risk culture in organisations.

 

Individual level commitment is seen as an important factor for achieving a positive safety culture within an organisation. Every year organisations spend around $60 billion on safety related incidents including productions downtime and legal penalties, representing 4.8% of Australia’s GDP. Studying employees’ views and expectations of the safety culture will provide a holistic view of the organisation’s safety culture.

A Koganpage study determined that organisations with a risk aware culture is one that is more resilient to external influences and better able to adapt. The benefit of a strong risk culture derives from agile decisions making in terms of the risk and reward of different opportunities. Less unenforced errors arise from a risk, aware organisations are able to learn from previous events and mistakes and improve their processes in a timely manner.

 

What does this mean in practice for risk functions? It means a need to take a more holistic view of implementing risk management in their organisation. Creating or shaping a more risk aware culture is however potentially the greatest value a risk function can bring to the table in terms of preparing their organisation for the challenges of uncertain and fast-changing environments.

 

One way to assess and do this is through Risk Culture and Safety Culture Surveys, designed to analyse the view of employees on the company’s risk propensity.

Risk Culture Survey: Does your organisational culture promote identification of significant risks to proactively mitigate these risks?

Safety Culture Survey: The survey includes a set of Likert scale (1-5 ratings) questions that reflects the culture and practices around organisational safety.

We can provide a suggested set of standard questions while also giving you the ability to ask customised questions.

What will you receive?

Risk Culture Surveys Analytics | Risk Culture and Safety Culture Surveys
Risk Culture Analytics

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Psychological Wellbeing Surveys

The survey includes a set of Likert scale based questions that helps in understanding the less discussed mental health of employees.

 

Psychological health of employees at an individual level has the ability to collectively influence the organisational culture. In addition to the adverse effects on employee morale, poor psychological wellbeing of employees has been shown to negatively impact productivity and profits.

Safety Culture Surveys, Psychosocial Analytics | | Risk Culture and Safety Culture Surveys
Safety Culture, Psychosocial Analytics

The desired risk culture should be actively communicated to all staff, so no-one is in any doubt about how risk will be addressed within the organisation, and appropriate risk-related behaviour is actively promoted and encouraged.

AI Consulting Group can assist your organization start the process through a Risk Culture and Safety Risk Surveys and provide a recommended list of standard survey questions while also giving you the ability to customise questions according to your requirements.

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