Process Safety Management (PSM) focuses on a number of connected approaches which work together to reduce the risk of hazardous events occurring. This safety management strategy aims to minimize the frequency and harshness of accidents linked to the release of chemicals and energy sources.
According to the Occupational Health & Safety Administration, fields that use chemicals have long reported unexpected releases of materials with toxic, flammable and reactive properties, largely due to a lack of efficient control. The agency noted that events caused by these controlled substances can be extremely harmful to workers and the environment, and in some cases may be classified as disastrous.
As a manager, you should make PSM training a top priority. Your staff has the right to a safe workspace, and increasing your knowledge about handling chemical releases will make your entire organization a more secure place to work. Hydrocarbon Processing magazine explained that PSM is also a smart financial investment, as chemical accidents can be very costly to remedy. Taking this preventive measure will likely reduce the chances of employee injuries and workspace damage, both of which can be very expensive situations for your organization.