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  • Operational Risk

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Incident & Crisis Management

Know and show where your risks are, then use that information to solve problems before they happen.

The IHS Operational Risk Solution™ provides visibility into your risk profile, prevents losses and increases shareholder value through continuous improvement. We support risk management best practices for compliance with regulations, standards and policies while promoting awareness and accountability enterprise-wide. Proactive and predictive, this IHS solution drives operational excellence so you can achieve your business goals.
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  • Operational Risk SolutionNow you can standardise the way you identify, analyse, mitigate and monitor risk, while providing a means to quickly and accurately understand your risk profile. The IHS Operational Risk Solution vastly increases your visibility into material risks, ensures the adequacy of controls and provides real-time reporting throughout the business helping inform the decision-making process. IHS helps companies make better decisions about resource allocation and ultimately improve their business performance.

    The IHS Operational Risk Solution gives you the ability to manage all of these critical issues:

    • Operational and Quality Risk Assessment: Identifies, assesses, mitigates and monitors risks to enable proactive risk management and prevent potential business disruptions or other unwanted events.
    • Risk Register: Aggregates risk data across multiple departments, facilities, processes and methodologies to help executives prioritise and effectively manage risk.
    • Incident Management: Tracks, manages and reports on incident-related data – including accidents or near misses involving employees, the community or the environment – to help prevent future events.
    • Corrective and Preventative Actions: Assigns, notifies, tracks and reports on corrective actions to ensure completion and avoid incidents.
    • Management of Change: Streamlines management of change procedures and projects to improve safety levels, production quality, regulatory compliance and environmental performance.
    • Emergency Operations : Automates standard operating procedure checklists, status boards, situation reports, resources inventories and other components of a comprehensive crisis command and control system.
    • Risk Analytics: Applies leading metrics as key performance indicators to help maintain operational integrity.

    To learn more about how IHS operational risk management software, content and expertise can help your organisation, email us or request information.

  • Operational Risk SolutionIn today’s increasingly aware society, the impact a company has on its customers, the environment or its employees has a direct impact on share value and revenue. A dedicated, integrated risk management solution shows that a company is aware of and appropriately managing its risks; providing comfort and safety to its community and stakeholders.


    The IHS Operational Risk Solution is unique in its ability to provide:

    • Real-time risk registers that continuously monitor enterprise risks and enable prioritisation of risk mitigation measures
    • Proven business process execution measurement that provides the ability to track progress and incrementally execute organisational changes
    • Enterprise-wide knowledge library and team of experts to facilitate delivery of best practices and to raise the level of performance for all team members
    • A centralised repository of risk management business processes that enables prioritisation of risk mitigation activities
    • Benchmarking of work practice behaviors across the enterprise to extract proven leading indicators that drive performance outcomes
    • The ability to generate and leverage content to promote continuous improvement through identification of best practices and encouraging lessons learned
    • Flexible workflows ensure that data is dynamic and configurable to any business process or reporting requirement
    • Automated risk-based business process management to ensure that the right people at the right levels in the organisation are engaged and the business value is understood
    • Access to continuously updated regulatory and industry content with automated tasking and peer groups to ensure compliance and response.

    To learn more about how IHS operational risk management software, content and expertise can help your organisation, email us or request information.

  • Operational Risk SolutionFor decades, our team of experts has provided EHS and Sustainability software, content and expertise to thousands of industry leaders around the world. They choose IHS because our proven ability to execute on broad, deep enterprise-level solutions gives them confidence that their Enterprise Sustainability Management business strategies will be a success.


    Here is a selection of customers from various industries that have used IHS solutions to get outstanding results:

    Government agency

    • Tracks motor vehicle incidents for 113,000 employees (past and present) and more than 3,400 vehicles
    • Reduced reporting time by 50% – from 1 to 1 ½ hours per standard form down to an average of 30 minutes

    Global manufacturing company

    • Ensures safety compliance across 30 international locations and streamlines work processes by replacing dozens of disparate spreadsheets with a single integrated system
    • Increases effectiveness of incident reporting – e.g. improved near-miss reporting by 300%, while reducing reporting time by 50%, with initial incident reports captured in under two minutes

    National petroleum company

    • Unified HSE system serving all 79 subsidiaries worldwide and thousands of users.
    • Audited and input 1.6 million pieces of data.
    • Lower management costs due to streamlined work processes

    Large mining company

    • Standardised regulatory report generation across nine mine sites
    • Integrated risk assessment processes into risk management procedures
    • Global risk register that consolidates nine sites into single risk profile for the enterprise

    Read about results achieved by dozens of award-winning organisations at IHS SPECTRUM Excellence Awards.

  • Read and listen to resources from both IHS thought leaders and independent industry analysts on a variety of Operational Risk and other EHS&S topics

    Brochures

    • EHS & Sustainability Software Solutions for Your Business and Your World 
      What if you could make sustainability an integral part of your business operations?  Download this brochure to learn more about IHS, the source of EHS & Sustainability software for Enterprise Sustainability Management.
    • IHS Operational Risk Solution™
      What if you could drive continuous improvement to identify risks, prevent losses, and increase shareholder value?  Download this brochure to learn more how IHS can help your organization meet its business goals through Operational Risk Management solutions.

    Research Reports:

    • Operational Risk Management Benchmark Report – Aberdeen Group
      This new research report will provide actionable intelligence, based on the practices adopted by 112 executives, to effectively manage and mitigate these risks within your operations.

    Webinars:

    • Top Three Leading Indicators to Drive Operational Excellence and Benchmark Best Practices
      Are you using reactive events to drive a proactive culture? All too often our performance is measured by lagging indicators – injuries, spills/releases, recalls, property damage, near misses –as we try to drive a proactive culture of safety first. Learn from more than four years of research on the top performing energy companies to learn the best predictors of a true safety culture.
    • Beyond Safety - Best Practices for Operational Risk Management
      IHS, ExxonMobil and Aberdeen Group highlight how leading organizations are addressing the need to mitigate risks and reduce cost by driving continuous operational risk management improvement to reach their operational excellence goals.

    Whitepapers:

    • How Do You Improve Continuous Improvement
      This paper outlines the core principles of Quality Risk Management and provides a roadmap for improving continuous improvement in your organization.
    • Gaining a Competitive Advantage Through Operational Risk Management
      This paper outlines how every organization can benefit from a standardized, systematic approach to risk management in operations.
    • Using Leading Indicators to Continuously Improve EHS & Sustainability Performance
      Learn how to use your leading indicators to achieve your business objectives.
    More Less
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