ROI Calculator: Estimating the Financial Impact of Human Oversight on Business Performance
Explore the often overlooked yet significant impact of human oversight on business performance, particularly within industrial enterprises
Add bookmark
We respect your privacy, by clicking "Download ROI Calculator" you agree to having your details passed onto the sponsor who may promote similar products and services related to your area of interest subject to their privacy policy. You have the right to object. In addition, you will receive our e-newsletter, including information on related online learning opportunities. For further information on how we process and monitor your personal data, and information about your privacy and opt-out rights, click here. Download ROI Calculator
The ROI (Return on Investment) calculator explores the often overlooked, yet significant impact, of human oversight on business performance, particularly within industrial enterprises where *40-70% of process upsets can be traced back to human error.
It highlights the lack of measurement and evaluation of human behavior's influence on production, despite the potential for substantial financial and reputational losses over time.
- The prevalence of human oversight as a significant factor contributing to industrial process upsets
- The widespread lack of measurement and evaluation regarding the influence of human behavior and performance on production within industrial enterprises
- The availability and utility of a simple measurement calculator provided will empower readers to estimate the financial impact of human oversight on their own business performance
Note: The ROI calculator offers measurement units in TPD (Tons Per Day) and BPD (Barrels Per Day). You have the flexibility to select the unit that best suits your needs and usability. TPD typically used in industries such as manufacturing, mining, or agriculture to measure production output and BPD commonly used in the oil and gas industry to measure the production rate of crude oil. When selecting the appropriate measurement unit for the ROI calculator, consider the context of your project or investment.
Ultimately, the decision depends on the nature of your project and which unit aligns better with your specific industry and operational requirements. Download Here.
*According to ASM Consortium Report.
Sponsored By:
