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In today’s business environment, companies have understood that, in order to create sustainable profitability, they need to value more their employees. The first condition for a satisfied workforce is to provide a safe working environment.
Why use KPIs in managing safety in the organization?
1. KPIs can prevent major incidents – when leading KPIs turn red, they outline an increased possibility of certain risks to occur. Actions can be taken to prevent the event.
2. KPIs improve reliability – preventing incidents makes operations more reliable and ensures production cycles without interruptions. This reflects directly in the company’s financial performance.
3. KPIs avoid complacency – since major incidents are rare, there is always the risk of giving more attention to lower consequence risks in the belief that things are fine. KPIs can sent warnings for all types of incidents.
4. KPIs communicate performance – KPIs keep the management focused, they ensure transparency and facilitate progress.
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