Benchmarking Process Safety

Testimonials

pictureWe were making the wrong decisions based on assumptions that we had held to be true. The PTAI analysis revealed that we were not as competitive as we had believed. Our performance paradigms clearly had to be changed at the top and throughout the organization.”

CEO

“We did not fully understand how the margins on various product lines could be optimized. When we were able to see our costs in a true competitive context for the first time, we made some dramatic changes in our sales strategies that almost immediately improved our gross margins.” 
SVP, Sales and Marketing

“We realized that our sales incentives did not fit our competitive strategy.”
Director of Sales


“Our competitive position had changed, but we were able to learn why and how to change course with reliable information. The type of benchmarking cleared our vision and gave us the facts to act.”
COO

Workforce Efficiency

The Industry Leader in Benchmarking Process Safety

DESCRIPTION

In 2009, Phillip Townsend Associates and the Center for Chemical Process Safety (CCPS®) agreed to jointly develop a benchmarking program for Process Safety management systems. The Center for Chemical Process Safety (CCPS®) was established in 1985 by the American Institute of Chemical Engineers (AIChE) and is a not-for-profit, corporate membership organization within AIChE that identifies and addresses process safety needs within the chemical, pharmaceutical, and petroleum industries.

Our initial benchmarking initiative covered the following areas:

- Process Safety Culture
- Compliance with Standards
- Hazard Identification and Risk Analysis
- Asset Integrity and Reliability
- Management of Change
- Measures and Metrics

The following are additional benchmarking elements we will use in future surveys:

- Process Safety Competency 

- Workforce Involvement 

- Stakeholder Outreach 

- Process Knowledge Management 

- Operating Procedures 

- Safe Work Practices 

- Contractor Management 

- Training & Performance Assurance

- Operational Readiness

- Conduct of Operations

- Emergency Management

- Incident Investigation

- Auditing

- Management Review & Continuous Improvement

BENEFITS

The specific benefits of participating in a Process Safety benchmarking study include:

- quantifying both safety practices and management systems
- identifying gaps between current practices/systems and industry best practices/systems

Here are some of the more common objectives that our Clients have in participating in a peer group/benchmarking project:

- to quantify and understand their strengths and weaknessess relative to others in their industry
- to gain insight into their competitive position in their industry (or industry sector) on a regional or global basis
- to make changes in costs and operating practices that impact efficiencies across the enterprise
- to make discoveries allowing management to re-allocate capital and other resources for certain business units or for the company overall
- to determine how well their company (or business unit) is actually performing in the marketplace, rather than just against its own historical data

Benchmarking programs executed by PTAI ensure complete confidentiality of all parties and are in full anti-trust compliance.


Learn more about the benefits of benchmarking >>

 

DELIVERABLES

Benchmarks cover a wide rannge of KPIs identified by the participants at the very start of the benchmarking process.

KPIs
Process Safety: Sample KPIs for Hazard Identification & Risk Assessment

 


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