More Reliability, Less Risk with Risk-Based Decision-Making

Catastrophic occupational and process safety events are notoriously difficult to predict and have devastating, lasting impacts throughout the entire organization and communities. Traditional safety approaches add to the struggle because they tend to focus on how frequently something happens, creating a blind spot for risks and exposures that are low frequency, but high consequence. As a result, organizations work on activities that do not represent the highest risks.
High-reliability organizations embrace a different approach: risk-based decision-making. This allows them to allocate resources considering the severity of risk exposure, rather than just frequency.
Explore this approach by joining us for an informative and engaging overview of risk-based decision-making and how organizations are using it to move beyond compliance to effectively control their most serious risks.

Key Learnings:
  • The leadership, cultural, and neuroscience processes behind how and why people make decisions
  • The 5 principles that support comprehensive risk-based decision-making
  • Ways to uncover gaps in risk-based decision-making processes
  • How to optimize decision-making to reduce catastrophic events and serious injuries and fatalities (SIFs)
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