May 2014

Misc

What separates the best-of-class companies from the rest?

Many metrics can be used to define the top-performing downstream companies. Often, it includes financial (profits) results, environmental and safety performance, equipment availability and more. Howev..

Romanow, Stephany, Hydrocarbon Processing Staff

Many metrics can be used to define the top-performing downstream companies. Often, it includes financial (profits) results, environmental and safety performance, equipment availability and more. However, organizational culture probably has the most impact in determining a company’s performance. Also, it is the most difficult to change. Before a company can change its performance, it must amend or upgrade its organizational culture. Managing people is the toughest task A recent UK health, safety and environment (HSE) research program identified the top five human-factor errors. These factors, sourced from previous organizational accidents listed in HSE databases, are: Managing peopl

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