Many Happy ‘Returns’: Sphera Launches New ROI Calculator for Operational Risk Management
June 13th, 2019
Having difficulty measuring Operational Risk ROI? OK, let us give it a try …
A little background on return on investment first: In his 1936 book titled “The General Theory of Employment, Interest and Money,” famed British economist John Maynard Keynes wrote: “The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.”
While it might come off as a skosh on the cynical side, it’s true that the key to devoting time and resources toward any strategy is to be well-informed about possible outcomes and generate a plan that will bring a great ROI as well.
In terms of Operational Risk Management, those “dark forces” are, of course, the hazards and dangers that can be lurking within the organization and can negatively affect operations, production and, most importantly, people.
To learn more about how Sphera’s Operational Risk Management software helps companies better understand not only the importance of mitigating risk but also how doing so actually benefits that old bottom line, Sphera is proud to introduce our new ROI Calculator for Operational Risk Management.
By plugging in a few numbers, companies can get a sense of how a digitalized approach to mitigating risk can save them money in the long run by improving their organization’s Operational Excellence through reductions in lost-time injuries, leaks, emissions, near-misses and actual incidents.
Try the calculator today. We know you’ll get a great “return” on your time investment by doing so.