Adopting a strategic approach to risk management can maximize competitiveness and profitability. Total Safety and Productivity approaches offer managers a set of methods and tools to apply a Total Safety Management (TSM) philosophy to achieve this.

A professional approach to risk and safety management requires, as with all management systems, goal setting, planning and the measurement of performance. A safety management system that is woven holistically into the fabric of an organization becomes part of the culture, the way people do their jobs, and helps ensure that issues are...