Optimal risk management cuts costs for industry

Performing a detailed risk management analysis could generate significant savings in the heading relating to safety processes, as doing so enables more effective solutions to be implemented.

The necessary implementation of a culture of prevention in industry has required factory directors to keep all barrier types up-to-date in efforts to reduce undesired events to a bare minimum. However, the analyses carried out by companies often either lack a clear and concise structure or employ an approach that, in the moment of truth, is not viable.


TEMA uses the Bowtie Method to perform a thorough and specific analysis of critical situations. To do this, the company has a technical team capable of envisioning and assessing any eventuality that may arise in the industrial sector. Bowtie methodology assesses risk management based on causes and consequences to establish barriers that turn industry into an extremely safe space. It should be noted that, in this regard, a skilled, experienced team is a capital factor, because it ensures a quick and, most importantly, qualitative information analysis.

This is where the action plan is particularly important in increasing the effectiveness of the investment and generating substantial economic savings.

The study has an impact on threats and the possible consequences of each hypothesis, and helps define and monitor escalation factors. This is where the vast majority of industrial company are seen to have a weak structure, as they lack a proactive risk management system, i.e. a risk management infrastructure that acts pre-emptively. In practice, detecting these situations is extremely important, as the balance between proactivity and reactivity has proven to be most effective in terms of both safety and the investment, to ensure the best solution.

Thanks to the Bowtie risk analysis system, TEMA is able to provide multiple benefits, including the reliable communication of risks, the assumption by the workers of the risks inherent to their jobs and, particularly, the pinpointing of the most critical and vulnerable areas.

The Bowtie Method, originally used in the chemical sector, has spread thanks to its effectiveness as a fundamental means of risk analysis in other key sectors such as the aviation, maritime and health sectors.