Return on Investment (ROI) Calculator for Safety
Robert (Bob) Baron, Ph.D
President/CEO at The Aviation Consulting Group, LLC
Hello, Colleagues,
Here is a useful tool for measuring safety ROI at your aviation maintenance facility! All material provided by the U.S. Federal Aviation Administration.
This paper describes the process to predict and/or measure the safety and financial return-on-investment for safety interventions. Authors: Johnson, B., Avers, K.?
Return on Investment (ROI) Calculators are easy to use, no-cost tools for the aviation maintenance industry that promotes the concept that safety improvements can be sound investments. It can be used to calculate the risk, cost, and benefit associated with fatigue and fatigue management in your organization.
Download the software
I will be presenting a virtual course on Safety Performance Indicators (SPIs) in April. Click here for course details https://www.tacgworldwide.com/Safety-Performance-Indicators-SPIs-Virtual-Course
Dr. Bob Baron conducts aviation safety training, consulting, and program implementation for aviation operators on a global basis.
Sensitive and knowledgeable about various cultures, Dr. Baron uses his 36+ years of academic and practical experience to assist aviation organizations in their pursuit of safety and quality excellence. He has extensive experience working with developing nations and island countries. He also provides training and consulting to some of the largest airlines and aircraft manufacturers in the world, as well as civil aviation authorities and accident investigation bureaus.
If your aviation organization is interested in improving its culture, implementing programs such as Human Factors, SMS, SSP, or LOSA, or have an external, unbiased safety audit/Gap analysis, please get in touch.
Dr. Baron’s company, TACG, provides numerous training, consulting, and auditing services. For more information, please go to https://www.tacgworldwide.com
Aviation Safety Management, Work Health and Safety, and Regulatory Risk specialist at Royal Australian Air Force
9 个月Hi Bob, the paper and calculator are based on references and information from 2012 and earlier. While I do not deny the value of SMS - have you seen anything more recent/contemporary as example references/evidence of effective ROI examples, to prove that SMS is a perpetual journey?