Wiki

Case Status
Log In

Wiki

 
real-bigger-data would lead to…
  • RSS Feed

Last modified on 2/9/2020 4:16 AM by User.

Tags:

real-bigger-data would lead to better insights

 

For example, an industrial company recently used advanced analytics to pull together data sources outside its HSE system, including data on production, human resources, and weather, to identify the primary factors that contribute to employee safety. Roughly 80 percent of the factors that were found to be statistically significant were neither measured nor accounted for in the company’s original investigation methodology. All factors were actually under the control of management—for example, shift duration and training frequency.

 

https://www.mckinsey.com/business-functions/organization/our-insights/overcoming-limiting-mind-sets-to-improve-safety?cid=other-eml-alt-mip-mck&hlkid=83d5e246da2445b3bc68e167c604428b&hctky=2433318&hdpid=0653f19b-1230-446f-93a3-efbbf5f6b0d2