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18 Module 1: History and Philosophy of Loss Control Loss Control Management (LCM)
6. The Principle of Future Characteristics – the past performance of an organization or unit tends
to foreshadow its future characteristics.”
7. The Principle of Multiple Causes – problems & loss producing events are seldom, if ever, the
results of a single cause.
8. The Principle of Application – the more often a loss control manager communicates a
message, the more certain he can be that it is understood & will be retained
9. The Principle of Point of Control – the greatest potential for control tends to exist at the point
where the action takes place.
10. The Principle of Reporting Relationship – the higher the level to which a loss control manager
reports, the more management cooperation he obtains.
11. The Principle of Management Results – a manager tends to secure most effective results
through & with others by performing the management work of planning, organizing, leading and
controlling.
12. The Principle of Vested Interest – a manager is predominantly interested in those economic
considerations affecting his own budget.
13. The Principle of Economic Priorities – a manager usually gives priority response to items
possessing the potential for the greatest proportion of results from the least investment of
available resources.
14. The Principle of Substantial Evidence – in the absence of adequate historical information, it
can be assumed that a manager will require more substantial evidence of need.
15. The Principle of Adequate Information – the timeliness of a manager’s decision-making is
directly related to the adequacy of information he has upon which to act.
16. The Principle of Dimensional Values – the degree of management attention is directly related
to the size of the problem.
Early Attitudes on Safety
“I don’t have money for frills like safety.”
“Some people are just accident prone and no matter what you do, they hurt themselves some
way.”
“… 90% of all accidents are caused by just plain carelessness.”
“We’re not in business for safety.”
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