Overview
Risk is a scary word and risk prevention is an area where a lot of time and effort is spent to protect companies. They must take great measures to ensure that they are compliant with many regulations regardless of the industry. In this article, I will discuss how innovative tools and platforms are making an impact in risk management. I will highlight a new company, YellowBird, and show how it can be used in conjunction with the RiskKarma.io platform to protect companies against risk.
Introduction to Michael Zalle & YellowBird
YellowBird is a Phoenix-based technology company. It was founded by Michael Zalle, an entrepreneur, husband, father, and southern California native. He has a strong entrepreneurial spirit and focus on the human element when it comes to running a business. His interest in the Gig economy and specialty marketplaces lead him to look where there are gaps in safety assessment. He wondered how on-demand services could satisfy the needs of risk management and help companies be compliant with industry specific standards. During our discussion, he explained how he found that many companies were conducting safety assessments without leveraging the value of the safety expert.
That is where YellowBird began. YellowBird is an on-demand platform that connects companies with Risk and Environmental, Health, and Safety professionals. It is a free tool for companies and professionals alike to utilize and alleviate the hassle of finding the right match. Additionally, this tool helps customers to efficiently put safety programs in place because even in difficult times safety is a necessity. The platform can take some administrative strain away by keeping up with changing laws and regulations. Companies such as YellowBird are shaping the future of risk management and making an impact by protecting businesses and their people.
Compliance & Role of Safety Experts
Safety experts and auditors play a crucial role in ensuring workplace safety and compliance with local and federal regulations. Some of their responsibilities include identifying any possible hazards in the workplace. They must carefully inspect equipment conditions, processes and environmental factors which may pose a safety risk. They also verify that companies are compliant in all relevant regulations, standards, and guidelines. They document the findings of their inspections and keep a comprehensive record, highlighting any area of concern. After their evaluation, they can provide some recommendations to correct or improve safety and compliance.
Experts have a lot of responsibilities and can be pivotal in helping a company meet their safety and compliance goals. Catching a hazard or non-compliance issue early on is key in rectifying the problem. An early detection could prevent accidents, injuries, and even costly regulatory penalties. If there is an issue identified, experts are a great resource to suggest practical solutions or offer best practice advice. Along with their suggestions they may even provide an action plan and help companies to monitor progress towards an end goal. Their role extends beyond inspections, they are vital in rectifying issues and creating a safer work environment.
Finding the perfect safety professional who can benefit your business can be a challenge, especially if you don’t know where to begin or what your “perfect” match will look like. Zalle believes that companies need the right safety expert with the right certifications because there is no such thing as a generalized safety expert. That is how YellowBird can make sure your company is matched with an expert who will meet all your business needs. The platform analyzes and validates candidates based their specific areas of knowledge and on your own requirements.
Let’s look at an example of how YellowBird could benefit a company. Imagine a company has many warehouses where product is stored. Forklift operators are needed to organize, move, and load product. How often should this warehouse provide safety training and validate compliance? The answer to that question requires considering variables such as the turnover of employees, the appropriate mode of delivery and the language of your employees. This is where YellowBird can set a company up for success by connecting them with a safety expert who understands forklift operations. They will know based on turnover how frequently training needs to happen, what delivery mode is most effective and ensure that training is conducted in the employee’s native language.
Leveraging Technologies for Risk Prevention
In addition to safety expert assessments and verifying compliance, other technologies can be used to prevent risk. In the modern business landscape, technology is playing an increasingly pivotal role in shaping various industries. Tools such as Artificial Intelligence (AI) offers remarkable potential and opportunity in the world of risk management. By harnessing AI organizations can more effectively monitor and mitigate risks, safeguard against non-compliance, and even predict potential threats. RiskKarma.io is another great platform to utilize for risk managers to protect their companies. Through intelligent algorithms higher volumes of data can be sifted through and used to identify emerging patterns of potential risks. RiskKarma.io’s automation assists companies to deal with vulnerabilities swiftly because it can catch subtle connections and anomalies which may be over-looked by human analysts. Additionally, utilizing intelligent risk tools gives insights that empower decision-making and allows refining strategies to improve businesses.
Takeaways & Call to Action
In this article, I’ve briefly discussed some of the innovative platforms and tools related to the world of risk management. YellowBird and RiskKarma.io are among the exciting new companies that aim to safeguard businesses against risks. It’s time to act and take the next steps to protect your own business! Reach out to YellowBird and RiskKarma.io to improve your risk management. Keep up with the latest news and features of these companies by following their LinkedIn pages and take a look at their websites!
