It’s Monday morning, you’re just arriving to work, bleary eyed and not yet fully engaged coming off a weekend that was undoubtedly too short… Getting through your first cup of coffee and scanning through emails when you see a note from your boss –
Jenkins, (let’s just pretend your name is ‘Jenkins’…)
The board is requesting a report to show all recorded employee incidents resulting in injury for the last six months. It seems our insurance premiums are being increased and the board would like the Executive team to present data on behalf of the organization to either keep the premiums as they are or begin shopping for new insurance providers. I need your report on my desk by COB tomorrow.
Thanks,
The Boss
What do you do next? Do you even know where to find that data? And supposing you do know where the data is, do you have a plan as to how you’re going to compile it? How do you make any sense of it? Month by month? Level of severity per report? Can you show trends and provide risk mitigation analysis??
Okay, now let’s say you’ve answered all those questions! Though the big question is yet to be answered – “How long is it going to take me to do all of this?!” And therein lies the problem… The task in completing this action will see you sifting through endless avenues of report hand-offs and approvals quite literally reading through one report after the next in hopes of finding the ones that have the data you require. At worst you’re running searches through your chosen email tool and at best you’re diving headlong into an Access Database or similar. It’s problematic, difficult, time consuming, inaccurate, and inefficient. And those are simply the adjectives you can use to describe the process that won’t get you fired if you find yourself in the company of executives following this hair pulling exercise.
This is an example of course, albeit a pretty accurate one if you’ve ever been in Risk Management and been tasked with something similar. But you can use this example to see your own example if only you relate to the material. If you’re tasked with gathering presentable information through a defined set of criteria, the process to get there can be a nightmare! Though not with CIP Reporting…
The fact is, CIP Reporting provides you with a tool suite that exemplifies simplicity in realizing these tasks. What once was something that could take hours, even days, CIP Reporting turns into an effort you can complete with one hand on the mouse, the other on that cup of coffee. Kicked back at your desk, leg crossed and watching the software do the work for you in mere seconds!
Still, what value is it to your executives if your life is made easier? You’re already a sunk cost as an employee so what concern is it of theirs to make your job easier? Well, in the case of the rising insurance premiums example given at the onset of this piece, risk mitigation and trends and analysis can be the difference in the cost of this software ALONE! Or how about State and Federal compliance guidelines? What happens when your organization is found NOT in compliance? Fines? Temporary closure?! Permanent closure?!?!
In risk management it’s never a problem until it IS a problem. Don’t let it be problem! Make your data the solution!! CIP Reporting will help you capture the information in real time, present it to the right people as required by internal processes and workflows, and then allow you to render that data any way you choose.
Don’t drown in your data. Let CIP Reporting be your life-raft! After all, no need to go the way of the Titanic when all you really need is a little better direction…
About Shane Yerkes
Shane is a creative, entrepreneurial-minded sales executive with a focus on start-up and growth based software companies. With a consistent track record of exceeding revenue targets, He attributes his success to a very simple business philosophy; Solve real business problems through the solution, never sell for what's not there. Google+
Tags: Ad-Hoc Analytics, Analytics, Incident Reporting Software, Risk Management, Trending