ROSI may come as a new acronym to some. It stands for 'Return on Safety Investment' and while many may be more familiar with return on investment, or ROI, it can be helpful to pay specific attention to the value created and money saved due to investments in safety. Creating and maintaining a safe workplace greatly contributes to a company’s operational success. Because business and safety work together, they are and should be focused on the same goals. A few ways this can be achieved is through focusing on the ROSI of EHS software.
The State of the Market for EH&S Software
From the 1970s onwards, a number of hard-hitting EH&S regulations were introduced. As a result, the market for EH&S software grew, with IT departments in enterprises of all sizes being increasingly tasked with implementing software designed to deal with risk assessment and incident planning. Fast-forward to the early 2000s, and the dawn of cloud computing was something that EH&S software developers bought into very early on, recognizing the benefit in providing systems that were both easy to scale...
User Adoption of EHS Software: Best Practices from the Mining Industry
On Friday, June 17, Intelex had the pleasure of hosting senior leaders, program managers and consulting partners at its first ever Mining Thought Leadership session. Attendees came to our downtown Toronto offices from as far away as Utah and northern Quebec to share their ideas, best practices, and insights on the use of technology in their industry. Specifically, they were there to discuss EHS software, often referred to in the mining sector as Health, Safety, Environment, and Community (HSEC) management...
The Essential Ingredient of a Bullet-proof Business Case for an EHS Software Investment
On a recent webinar, the EHS manager of a mid-size oil and gas company described their environment, health and safety (EHS) software project. During the Q&A session, he was asked “How did you justify the project in terms of return on investment (ROI)?” His response was a little surprising: the project was approved based largely on qualitative factors. It was a strategic decision, rather than one based purely on financial return. He said they used a lot of visuals to make the case to senior...
Scoping Your EHS Software Project: the Essential First Step for Project Success
You’ve probably read the horror stories in the news, or heard them from a colleague. A company undertakes an enterprise business software project with the promise of big results. But before long, it’s a complete mess. Budgets have blown and deadlines missed. People aren’t happy. How did things go so wrong? Preventing “scope creep” Improper scope management is a common root cause of software implementation project problems. The scope defines the project parameters – the...
New Year's Resolutions for Your EHS Team
A new year often brings with it new challenges and new goals. Coming back to work from our holidays with a fresh perspective, many of us get a surge of motivation in the month of January to do better than before. But with the first month of 2016 behind us now, some of that enthusiasm may be starting to fade. So how can we sustain that positive energy (and take advantage of it!) in order to set ourselves and our EHS teams up for success this year? Many of us make New Year’s Resolutions for our personal...