5 lessons we can learn from HSE reporting.

Health & Safety reporting has become so established in industry that it is now part of everyday life. Walk past any building site and you will see them clearly displaying signs of how it has been ‘X many days since the last incident’. Or read the annual report of an oil company and you’ll now find entire sections dedicated to performance indicators such as ‘Total recordable case frequency’ allowing you to compare performance between companies.

Such reporting has led to considerable progress in terms of operational effectiveness, cost reduction, and ultimately, shareholder and stakeholder value. Here are our thoughts on the 5 key learnings from HSE reporting:

Transparency

Reporting is published, at least internally, but often in public. This fosters a culture where issues are not hidden from management.

Consistency

Inputs and outputs are standardised so they can be easily compared. Established standards have emerged such as ‘injury frequency rates’, allowing for use across department, business units or industry.

Accountability

People, departments and companies take ownership of health and safety issues. Standards have developed and there is accountability in the field.

Cost Implication

Measures such as ‘Lost Time Incidents’ give a clear measurement of the financial cost to incidents, providing the business with ways of attaching costs to incidents.

Measurability

Incidents can be normalised and rates can be created to provide a measurable record of performance over time

The ultimate key takeaway from this however is what can be measured can be managed.

See how ExInsight could help you better manage your data at www.exinsight.com or book a demonstration with one of our team.

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