Part 5
Safe and Effective Operations with a Competetive Edge
Safe and Effective Operations with a Competetive Edge
What % of your safety department...
1. Are able to report real-time safety data to clients?
2. Confidently meet or exceed the standards that your client follows?
3. Enable safety collaboration with your clients (rather than paperwork and duplication by both parties)?
Add your numbers together and divide by 3 to get your score
Do you have adequate 1) people, 2) processes, and 3) supporting systems to get your company’s continuous improvement strength to a level that creates a competitive advantage in your industry and market?
Much has been written on how $1 invested in safety results in a certain dollar amount of savings. However, these stats may miss the bigger picture for continuous improvement and what it means to get it right from a CEO perspective. At the end of the day, executives are problem solving for what should be done, should not be done, and when it should be done. This is why it’s important to understand the big picture of continuous improvement and its effects on the value of the company, just like other major business decisions.
So, how does Continuous Improvement as a Competitive Advantage directly help increase the value of the company to its owners?
