Risk Analytics
From IHS Operational Risk Solution
Today, more leaders of risk and safety performance are extracting measurements from routine operations and safety work practices to improve their performance. IHS provides insight into the repeatable organizational behaviors and leading key performance indicators (KPIs) that drive superior results.
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Overview & Benefits
The proof is in the data. IHS and its customers are pursuing mathematical support for the contention that operational and safety results can be controlled by improving the leading indicators of risk reduction. Through diligence, proper analytical and statistical methods and a common data model of leading KPIs pulled from millions of rows of leading and lagging risk event data, IHS provides a rich dataset that validates the organizational factors that are leading indicators of operational and safety performance.
IHS software, content and expertise enable you to apply both leading and lagging metrics as key performance indicators to hold operational leaders accountable.
Key benefits:
- Validates which risk reduction efforts have the most impact on risk performance
- Helps decision makers prioritize budget allocation on most effective initiatives
- Provides forward-looking measurements to help reduce losses
- Generates metrics that help steward change in key areas of need
- Aggregates disparate data and presents it in a useful and easy to understand manner
With IHS software, content and expertise, you can make EHS&S risk analytics part of a unified strategy for Enterprise Sustainability Management, supported by a single word-class provider.