Budgeting & Forecasting

Safety legislation is very clear in terms of organisations' requirements to manage risks and meet it's obligations. Effective budgeting and forecasting facilitates the necessary investment in Health and Safety and can make a tangible difference to the success or failure of an organisation

Although many Health and Safety initiatives do not require large amounts of capital expenditure, the effective ongoing management of Health and Safety does require some money to be spent.

Budgeting is important because it encourages forward thinking and allows an organisation plan for the use of resources. Failure to budget effectively can leave organisations exposed and unable to afford the expenditure necessary to keep themselves, their colleagues and customers safe.

Following Grenfell, the external landscape in which a lot of organisations are operating has become stricter with increased scrutiny not just from the regulatory bodies but from customers also.

The cost of keeping customers safe and remaining competitive is ever increasing and that is resulting in a greater need for more effective budgeting and forecasting.

Return on Investment

Where money is spent on Health and Safety, whether this is meeting legal obligations or going beyond compliance, this must be seen as an investment 
and, like any investment, it must have a return.  

The return on investment in the case of Health and Safety goes far beyond the fulfilment of legislative obligations. It can potentially bring much wider benefits to your business:

  • increased morale and trust
  • increased productivity and retention of colleagues
  • competitive advantage
  • improved lending from financial institutions
  • lower sickness rates and improved workplace wellbeing

other services we offer

Business Review

Business Review

KPIs, Reporting & Performance Management

KPIs

Policy & Procedure Review

Policy & Procedures

Cost & Control Review

Cost & Control

Budgeting & Forecasting

Budgeting

Strategic Planning

Strategic Planning

Audit Support

Audit Support

Contract Management

Contract Management

Change Programmes

Change Programmes

Retainer Services

Retainer Services