ESM 21.0: Better Trailing Safety Metrics (Incident Severity Indexing)

Course Introduction

While traditional trailing metrics are important because they measure final performance in terms that everyone understands, severity indexing provides an opportunity to enhance the value of the data and better understand potential risk of lower severity events. This Executive Safety Minute:

• Starts with a discussion of the benefits associated with applying a severity index,
• Followed by an example of applying the severity index, and
• Finishes with an example of an “if not but for luck” analysis.