RTWN027: Are Your Safety Indicators Leading or Lagging? w/ Mark Stipic

Today you’ll hear something that doesn’t happen often (enough?) – I get up on my soapbox and have a little rant about Lost Time Injuries (LTIs).

You will learn about:

The 2010 Deepwater Horizon oil spill that resulted in 11 workplace fatalities and 17 injuries
How is it possible that Transocean would claim this was the best year for safety in the history of the company?
Examples of Lagging Indicators that measure past performance
Examples of Leading Indicators that can predict future performance
Lagging Indicators and Leading Indicators are both important, but for different reasons
The key is to measure current performance, implement a strategy, then measure again
Are you measuring the right indicators?

It’s my birthday this week and if you want to wish me a happy birthday, I’d love to receive a podcast review!