Guest Blog by Ed Pyle, SCSA.
It is common for construction companies to collect safety data from their safety processes and procedures and for managers to review safety incidents and financial reports to understand the frequency, cost and severity of injuries. These reports help to understand OHS failures of the past and the impact these injuries have to the bottom-line performance of a company.
Firms are motivated by understanding their injury performance measured against the performance of their peers.
Looking at that data on an industry-level, academic studies have noted the following:
More specific data with customized calculations can provide information that is meaningful on a company level. For example, the SCSA and its partners intend to provide improved insights to members in the near future on the following questions:
Smaller companies may feel they lack sufficient data or resources to make decisions based on analytics but in the weeks and months to come, the SCSA will be providing a number of analytical reports at no-charge to members. These reports, when properly analyzed should provide companies with better intelligence to target improvements to a safety program that will ultimately aim to reduce injuries and financial risk in every company.
Ed Pyle is the Manager of Corporate Development with the Saskatchewan Construction Safety Association (SCSA). He will be a regular contributor to the EHS Analytics blog so please stay tuned for more informative articles!