Design Your Loss Prevention Program

There are a few simple, but critical ideas that should be included in a successful loss control program.

1. The responsibility of providing leadership lies with top management. As part of this responsibility, the manager or owner must define the responsibilities of supervisors, managers, and all other employees as they relate to safety and loss control.
   
   
2. The loss control program must support and be in harmony with the overall objectives of productivity, quality, and profit. It should not be limited to personal injuries, but also may address any potential source of loss, waste, damage, or inefficiency.
   
   
3. Every level of the work force should be involved in the effort. Loss control must fit smoothly into your daily operations as a natural extension of usual employee responsibilities.
   
   
4. The program should be reviewed periodically to see if it is properly functioning and all objectives are met. If not, changes should be made to reflect current goals and objectives.

Learn about employee safety as well as how to train your employees about workplace safety and loss control.

Here are more essential elements of a Loss Prevention Program:

• Statement of Policy
• Program Coordinator
• Safety Committee
• Internal Premises Inspections
• Accident Investigation & Record Keeping
• First Aid and Emergency Planning