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During times like these, companies find themselves looking for ways to maintain productivity and revenue while limiting exposure to the markets and unnecessary costs. Operational excellence lies at the heart of these efforts.
If your organization is reeling from the market shifts and looking for ways to survive, then now is the perfect time to re-examine your operational expenditures, project management, and other critical processes. It can be hard for companies to step back from the current situation and see the big picture, but gaining a high-level view of the company, markets, and industry is essential to long-term success. Doing this now will help you spot opportunities for cost reduction and reinvestment while the market is down, and it will position you for growth into the future. Remember, the ability to look at your current situation through the lenses of operations, compliance, and quality management is a strategic strength. It provides a perspective that balances data, business goals, and risk management. Organizations that use this approach will discover ways to do more with less and re-establish growth. Companies that commit to improving their operations and/or maintaining their already high standards will see their fortunes improve much faster than firms that ignore issues during the downturn. Firms practicing operational excellence, or working towards it, will be more agile and responsive to market changes during this cycle and future ones. For more information on how Accupoint can help you improve your operational excellence, please contact us today.
1. Maintenance of equipment and machines It is a fact that equipment will wear out at some point. It is of great importance to maintain equipment at standard levels. It the responsibility of the company to ensure proper safety measures are in place rather than waiting for regulatory agencies to spot-check their compliance. 2. Training and certification Employees of should be trained on safety the safety management system. It is of no importance, for example, to have fire extinguishers on the rig if employees don't know how to use them. 3. Use of experts When making operational decisions, experts can help the management by advising it on both short term and long term consequences. Safety engineers should be involved in decisions such as developing new operational workflows and documentation. 4. Observing industrial standards Implementing and maintaining global quality, environmental and safety standard will provide a framework to identify and mitigate risks at the point of operation. 5. Change management Risks are inherent whenever there is change. Changes that have safety implications should be to thoroughly evaluated, and have a comprehensive hazard analysis performed. It is also of great importance to document the management of change process so that a gap analysis can be performed subsequent to implementation. In short, managing risk requires proactive and preventive measures to protect your organization’s and customer’s interests. Detection and mitigation of risk potential should be at the core of your total risk assessment strategy.
For more information on how Accupoint Software can help you manage your risk mitigation efforts, please email or call us at (800) 563-6250. Building situational awareness in oil and gas operations has always been vitally important. Without a strong foundation of situational awareness, there can be severe consequences. In fact, 88% of human error can be traced to a lack with situational awareness. Not just that, situational awareness can negatively affect oilfield operations and the ability to project future events. Many offshore installations have the capacity to be hazardous and despite numerous rules and regulations in place to ensure that the risk of accident is kept to a minimum; accidents still occur. Having good situational awareness contributes towards the reduction of accidents. Situational awareness, or SA for short, is vital for when work being carried out is hazardous, or has the potential to be hazardous, as the workers must constantly monitor and evaluate conditions in an attempt to reduce accidents.
In a nut-shell, situation awareness can support decision making and aid performance. In fact, situation awareness is key to good decision making and safe, efficient performance. Although situation awareness seems relatively easy to comprehend, some people struggle with it. Specifically, 78% of people don’t get the information that is needed. 17% of people do not correctly understand the information they receive and 5% of people don’t project what will happen in future. Situation awareness is important for many factors and is the responsibility of the entire crew. Between us, we can reduce the risk of accidents and ensure a safe working environment for everyone in the gas and oil industry. For more information on how Accupoint Software can help improve your situational awareness, please contact us today. |
