When process safety management (PSM) isn’t done right, the consequences are costly – to the environment, your reputation, and your bottom line. Across Southeast Asia, organizations continue to face challenges with hazard identification, asset integrity, and process safety culture. An analysis of 36 process safety investigation reports in Indonesia, spanning oil and gas operations, identified these as key contributors to major incidents, gaps consistent across process-driven industries in the region.
What’s Inside
PSM has come a long way in recent years. However, many organizations remain reactive because of fragmented and disconnected systems. These siloed approaches put your firm at risk for serious and preventable incidents, reputational damage, regulatory penalties, and more, while also missing out on the productivity gains from smarter safety management.
This whitepaper delves into the most common gaps companies struggle with in their programs and provides tips and tactics for improving PSM performance and effectiveness.
Key Takeaways
Learn more about:
- The five key foundations of PSM
- The major challenges in executing a PSM strategy
- Five leading indicators you should track to evaluate your PSM performance
- Why you need to digitalize PSM today