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!

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