Common Overlooked Controllable Oversight Costs

Based on StrategyDriven’s experience, substantial annual savings – and improved operational safety and production reliability – are available to business leadership in the near-term through the implementation of contemporary market-based practices in the oversight area including:

• Establishing a coordinated, risk-based oversight approach that considers financial risk
• Defining, communicating, and reinforcing quantitative performance standards at all levels
• Further leveraging already existing operational and oversight data to reduce the number, significance, and/or frequency of oversight activities

…and numerous others!