Safety Performance as a Leading Indicator of Business Excellence

Safety Performance as a Leading Indicator of Business Excellence – Pt1

Aaron Fehr 1Life News, Safety Leadership, Workplace Safety and Health

When new CEO of Alcoa Steel, Paul O’Neill gave his first address to shareholders in 1987, the focus of his speech caused shareholders to panic and sell their shares. Those that stuck around were rewarded when Alcoa’s profits reached a record high within one year of his speech. So, what was O’Neill’s primary focus? Safety and specifically time lost to …

Workplace Happiness as a Leading Indicator?

Xanthia Coates Safety Leadership, Safety Training, Workplace Safety and Health

  In safety management, leading indicators are highly valuable predictors of future losses to people, property, process and the environment. They are early warning signs of potential safety management system failures and give organizations the opportunity to identify and control deficiencies before they result in incidents. Typical examples of leading indicators include: hazard and near-miss reporting; the amount of time …