Page 1197 - Xmo Strata - Bulletin Archive
P. 1197

Health, Safety & Environmental Bulletin No 448

                                                  29 January 2015



                                            2014 Safety Performance



           As part of our regular monitoring  of our H&S performance we analyse our statistics for trends.

           As  you  will  be  aware,  the  more  hazards  that  we  identify,  the  less  likely  we  are  to  suffer injury or
           property damage and the more we eliminate or reduce, the less likely others will suffer either fate and
           the less chance our clients will be pursued by a no-win-no-fee lawyer or a genuine or spurious claim.

           We  recently  amended  our  Accident  Triangle  format  to  identify  our  leading  versus  lagging  indicator
           performance.

           A  leading  indicator  is  a  positive  hazard  spot  or  safety  observation  that  demonstrates  vigilance  and
           enables us or our client to make it safe and prevent an accident from happening. The more hazards we
           identify and make safe, the less likely we are to have an accident.

           A  lagging  indicator  is  a  hazard  that  hasn’t  been  identified or addressed and leads to either property
           damage or an accident.


                                         Ratio of Leading Indicators

                                              to Lagging Indicators

                            60


                            50


                            40


                            30


                            20


                            10


                             0
                       Number of Leading  Incicators per Lagging Indicator
                              2005   2006   2007    2008   2009   2010    2011   2012   2013    2014



           Since 2004, our Lagging  v Leading Indicator Ratio has been 1:26.
   1192   1193   1194   1195   1196   1197   1198   1199   1200   1201   1202