I would personally make the Policy Statement as broad as possible, whilst still retaining meaning and relevance to employees and other stakeholders. That way, it should be sufficiently robust to withstand the review process for many years to come.
Specifics and processes for effective monitoring, audit and review and arrangements for capturing accident data are some of the more organic processes usually covered in separate arrangements (in-house procedures).
These more discrete issues of non-compliance will need to be confirmed, reported and appropriate improvement plan developed, perhaps with reference to audit or other evidence-based systems and the Organisation's Health and Safety Objectives amended accordingly. The issues are presumably about resources, organisation and implementation.
If you go changing your Policy statement evertime something doesn't go quite to plan then the statement will be constantly shifting and will tend to lose something as a result. It may appear to the casual reader that this organisation cannot make its mind up about overarching standards and objectives!

Good points Rob; thank you.

The points you make are very sensible I think I'll keep the phrase out of the statement.

I take the point about making it appear that our H&S vision is not direct, clear and straight forward. On reflection (and guided by your insights) the policy shouldn't really change much although the arrangements might depending on circumstances. But that's a different document.

Thanks again

Graham

Policy - Set overall sytem requirements

eg Set annual Objectives and Targets

Management System - set the detailed information

eg What are the objectives and targets for this year

The safety policy statement is the same as ALL other management policy statements - a clear statement in broad terms of what the management intends to do.

Bob