This session will focus on explaining the return on investment (ROI) that can be gained from an effective safety program. While ROI is a term commonly used by senior leaders when they discuss business operations, it is often hard to put a monetary value on the investment we make in our safety programs. This presentation will help to define that value through an academic discussion and real-world examples. A noted safety educator will provide a brief framework for defining and quantifying safety ROI, followed by operators from the oil and gas and helicopter air ambulance sectors who will explain the safety ROI they have seen in their businesses. The session will conclude with a moderated Q&A session.
Presenters: B.J. Goodheart, Ph.D., Versant Bryan Buchanan, BP Ken Morrow, Metro Aviation