You’ve worked hard to build a profitable and sustainable business. Your employees are devoted to ensuring your company’s success, and in turn rely on you to make their living. Over the years you’ve obtained a significant amount of assets including property, equipment, supplies, and probably most importantly—a reputation that attracts customers. Don’t you want to protect it all? Of course you do. That protection is often created in a risk management plan.
PRECO® Electronics, the global leader in heavy-duty collision avoidance solutions, has started accepting nominations for its seventh annual Excellence in Safety Award. The PRECO Excellence in Safety Award recognizes leaders of change that address safety with vigor, while using advanced safety initiatives and thinking outside the box to make roadways and worksites safer.
After receiving a record number of nominations in 2016, PRECO awarded the Solid Waste Association of North America’s (SWANA) David Biderman and City of Oxnard Environmental Resources Division’s George Van Hemert with the Excellence in Safety Award. Both recipients demonstrated unparalleled commitment to safety to distinguish themselves as leaders in their respective markets.
A study published in Journal of Accounting and Economics came to a conclusion that won’t surprise many people in heavy-duty industries: When you try to meet or beat earning expectations or reach other lofty financial goals, employee safety can suffer. How can managers solve this three-dimensional chess game of being fiscally responsible while ensuring the highest standards of safety? With ever-increasing pressure on profitability, it can be a very tough nut to crack.
“If managers believe that the firm may miss expectations under the ordinary course of business,” the study reports, “they may increase employees’ workloads or pressure them to work faster. In response, employees can compromise safety by overexerting themselves or by circumventing safety procedures that slow the flow of work. Second, managers may cut explicit and implicit safety costs, such as the costs of maintaining equipment and training employees, in their attempts to report higher earnings.”
The men and women who work in the utility industry encounter safety issues many of us don’t even realize exist. For this reason, Preco Electronics has declared March Utility Safety Month to raise awareness and help prevent fatalities and injuries associated within the utility industry.
During Utility Safety Month we will be discussing best safety practices, focusing on utility specific safety concerns, examining safety technology solutions, and more.
One thing is certain, one day your organization will be faced with litigation as a result of an accident that involves your fleet. The severity of the accident, where it occurred and the circumstances surrounding the collision will be analyzed to prove any negligence committed by you, the carrier and/or the operator.
John Cruickshank, an attorney with Alaniz and Schraeder, recently participated on a panel with Preco Electronics and shared his belief that “a lawsuit avoided is better than a lawsuit won.” It is with this belief that we put forth below our Top 5 Tips for avoiding accidents and litigation.
Preco’s PreView Radar is the most rugged collision mitigation solution on the market. This is a bold statement from Preco Electronics-- one that has been earned through more than 75 years of servicing the heavy-duty equipment market.
Preco's suite of object detection solutions, manufactured and tested in house, are developed to operate in the toughest conditions, including mud, rain, fog and sludge. Because Preco identifies both stationary and moving objects in a radius between10-32 feet, Preco has become the go-to choice for the mining, waste, over the road, fleet, and construction markets.
"Be more concerned with your character than your reputation, because your character is what you really are, while your reputation is merely what others think you are."
A good friend of mine shared this famous John Wooden quote on the first day of school for his two teen-age girls. How does this apply to PRECO and more specifically to the safety industry? Character is what is represented in every product that is developed and shipped out of PRECO’s door to help companies save lives and improve the worksite. At PRECO Electronics, a company that boasts an average employee tenure of almost 18 years, the effect of employee character is exemplified by PRECO’s willingness to challenge the status quo and push the industry to reevaluate technology and apply best practices that in turn saves lives.