Strategic Planning For Safety in 2018
Whether you have already submitted your budget or are just putting the final touches on it, it is important to start planning how exactly you’re going to use those resources and what your goals are for the year. As a safety professional, your goal is not to just maintain but to improve. The best safety programs are those that improve and grow over time.
One of the best ways to slingshot a safety program forward is to improve your tracking of safety data. Whether you are collecting incident reports on paper or entering them into a spreadsheet, this only allows you to achieve so much. A truly impactful safety management strategy allows safety professionals to collect the most data possible, analyze it and then forecast months ahead. This allows them to then identify where improvement and preventative measures should be placed well in advance.
While we all may believe that we can estimate based on previous experiences, there are better, measurable factors that can be identified by tools such as trend analysis or failure rates. That’s why many organizations are making the switch to a real-time digital safety management system.
Applying advanced analytics to predict and prevent workplace injuries yields great results, and progressive companies that employ the practice are realizing dramatic improvements:
- A Fortune 150 manufacturer reduced its lost workday rate by 97% within one year
- A Fortune 150 energy company reduced its incident rate by 67% within 18 months
- A top 20 ENR9 contractor achieved significant safety improvements including 90% of worksites experiencing no lost-time incidents
- A top 5 public U.S. university saved over $20 million in insurance fees across four years of building projects
These organizations met and often exceeded the EHS demands of their stakeholders by moving beyond traditional EHS data collection and reporting solutions, to solutions that provide more advanced and even predictive analytics of their safety data set.
What really surprises most people is how affordable these programs can be. They can fit into just about any safety budget and can start saving money within the first year. For more on cost savings, download our ROI information sheet at the bottom of this page.
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