Managing Frontline Operational Risk: Dynamic, Real-time Safeguard Management

Industrial accident data over the past several years makes clear that while mitigating Major Accident Hazard events is a fundamental objective, these so-called “black swan” events are becoming more commonplace, especially in the refining and petrochemical industries.

Meanwhile, industry is investing heavily in Industry 4.0 technology initiatives in a bid to stay competitive and viable in these uncertain times of shifting margins, oil price fluctuations, shutdowns, upgrades and mergers & acquisitions.

This webinar will take a retrospective review of a significant refinery loss event and the key lessons learned from it. From there, we will develop a discussion on how technology can be used to:

  • Drive more effective, compliant business processes.
  • Support critical decision-making.
  • Use real-time data associated with critical safeguards to transform the management of process safety at the front line.

During this session, we will review industry trends and case studies, poll on the reality as well as the future of Operational Risk Management and share how to benchmark your organization’s process safety maturity.