High-performing companies need advanced analytics to evaluate site safety performance
High-performing companies are faced with a problem: their incident rates have dropped so low that is it very difficult to rank site performance. Without knowing relative site performance, it is difficult to efficiently allocate site improvement efforts.
his simulation below illustrates the problem. hen incident rates are high as shown on the left, we can make reasonable estimates of relative site performance. However, when rates are low as shown on the right, year-to-year noise makes it very difficult to estimate the true underlying incident rate for each site.
Can you tell which site needs the most improvement effort?
Guide Your Strategy
Focus your improvement efforts at the sites where they are most needed for better results.
These models make a good foundation for later modeling on Leading Indicators and the results of Incident Mining
