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Trust is our currency
Author(s) -
Gathright Paul
Publication year - 2019
Publication title -
process safety progress
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.378
H-Index - 40
eISSN - 1547-5913
pISSN - 1066-8527
DOI - 10.1002/prs.12064
Subject(s) - business , database transaction , currency , product (mathematics) , process (computing) , resource (disambiguation) , shareholder , process management , risk analysis (engineering) , marketing , finance , computer science , economics , corporate governance , computer network , geometry , mathematics , monetary economics , programming language , operating system
In process safety, our goal is to keep process energy contained, to keep the tiger in the cage. To do so effectively, a team effort is required, including operations, maintenance, engineering, management, contractors, and other relevant organizations. We, as process safety leaders and program owners, are selling a product, driving a transaction that includes ideas, investments, and resource allocation. We could, as many do, use the regulatory requirements to facilitate the transaction. This “push” method of sales is less effective than a “pull” approach where we represent the value of our product to the buyers: our management teams, operations, maintenance, engineering, communities, and shareholders. The currency of this more effective exchange is trust. This article will explore the approach of process safety as a product, where trust is the currency of the exchange, thus leading to greater throughput, as measured by risk reduction. When trust is present, team members feel more empowered, and hold themselves more accountable. They are better able to demonstrate that the tiger is in the cage.