EXPERTS IN VISUALIZING INSIGHTS FROM YOUR OPERATIONAL RISK DATA.

Leaders in high-hazard industries are facing increasing scrutiny of their environmental, safety, and process risks. We analyze reams of data to help you visualize the causes of major incident hazards, serious incidents and fatalities, critical controls, and systems-level assurance to improve your management of operational risks.

We help you to understand how:

Risk management, process safety, and data analytics can be leveraged to provide insights and visualizations
Risk and safety systems can be decluttered
Leading indicators can be tailored to the workgroup level, while rolling up to the corporate level
Complementary data can be linked to track human and organizational performance
Gaps in your systems can be visualized to prioritize the closing those gaps

Why does it matter:

Risk management avoids losses AND also generates value. Case studies of workplace safety show an average increase of 82% safety performance, 66% in productivity, 45% in product quality, and 71% in cost benefits.

Why does it matter to YOU:

Companies with mature risk management systems are valued as much as 25% more than their less mature peers.

Leadership Rooted in Expertise & Innovation.

Dr. Lianne Lefsrud, P.Eng,
CEO

Dr. Lianne Lefsrud, PEng, (CEO) is the Risk, Innovation & Sustainability Chair (RISC) at the Faculty of Engineering, University of Alberta, where she leads interdisciplinary research and teaching in risk management. She has analyzed decades of incident data in diverse, high-hazard industries like hydrogen, mining, construction, railroading, and bio engineering.

With a PhD in Strategic Management and Organization, and over 25 years of experience in operations, regulatory affairs, and strategy advising to governments and senior leaders, she brings a unique systems-level approach to risk management.

Her work is published in 200+peer reviewed journals and proceedings, forthcoming book with Oxford, reflected in 100 graduate students supervised, featured in Forbes articles and TEDx, and recognized with 30+ awards.

Dr. Fereshteh Sattari
COO

Dr. Fereshteh Sattari (COO) is the Research Director, David and Joan Lynch School of Engineering Safety and Risk Management, University of Alberta.

With a PhD in computer process control, her research is on optimizing and simulating processes by applying artificial intelligence (Al) and machine learning (ML) for energy, construction, and transportation companies. She teaches undergraduate and graduate courses such as Quantitative Risk Analysis and supervises various research projects.

Our Approach to Risk Management.

We use a unique combination of advanced data analytics and machine learning, process safety and risk management methods, and strategy and human factors analysis to help decision makers understand and improve their risk management systems.

Where did this come from:

We have worked with companies who have had serious incidents and fatalities. And we have developed patented machine learning methods to analyze incident, inspection, production, and other data to identify missing leading indicators.

What is happening now:

We are now using these algorithms and data visualizations to improve companies’ risk management systems.

Strategic Risk Solutions.

VISUALIZE SERIOUS INCIDENT AND FATALITY PRECURSORS

Leverage the newest, peer-reviewed, evidence-supported data analytic methods
Glean insights from already-collected data (inspections, incidents, survey, interviews)
Ensure data security by completing analysis onsite
Identify and leverage successes to enhance learnings for more vulnerable workgroups
Prioritize tailored interventions for workgroups and business units

GAP ANALYSIS

Use qualitative and quantitative risk assessment methods to identify gaps between between policy and practice
Make policy and practice recommendations to close those gaps
Advise policy makers and decision makers as required

DE-RISK NEW TECHNOLOGIES

Model a systems’ operational risk
Field-test new technologies to improve system reliability and safety
Quantify operational improvements
Transparently demonstrate due diligence to shareholders, stakeholders, and regulators

TESTIMONIALS.

I mentioned to Lianne that I had some challenges in guiding diverse stakeholders to make fair decisions related to risks and setting up risk tolerability in regulations. In a few weeks, she e-mailed me with a list of high-quality papers on risk perspectives and social implications on risk tolerability, which guided me to look at risks from lenses beyond traditional safety engineering… Her co-authored paper “Framework for Developing Risk to Life Evacuation Criteria Associated with Landslides in Canada” became one of the key references in AER’s Manual 017 that provides guidance on risk-based evaluation criteria for coal mine pit wall abandonment.

Hua Deng,

Senior Regulatory Specialist, Alberta Energy Regulator (AER)

This collaborative project with CPKC, the NRC, and U of A is an excellent example of how large entities can work together to evaluate technology that can be integrated into future operations industry-wide. The technology improves innovation, efficiency, productivity – and the reliability and resilience of our transportation system as a whole. All factors that can positively impact the Canadian economy.

Kaveh Khalilian

Research Development Officer, Transport Canada Innovation Centre.

Hydrogen energy, as a key component of clean energy, has become a focal point of current societal and industrial concerns regarding transportation safety. The topic of this paper closely addresses a core issue in this field, offering significant academic value and practical implications, and provides an important research reference for the future safety of hydrogen transportation.

Reviewer

Process Safety and Environmental Protection

Thank you again for organizing these two workshops. You truly answered my prayers after (our son) died and as we went through everything. I had so many questions and I felt that there were so many holes and grey areas in all that happened after. All I could think was; I wish we could some how change or better the systems that were in place to help other people/families after a work place fatality.

Mother

of deceased worker