roi calculator

A key factor upon which decisions are made in business is- Return on Investment (ROI).

The reality is- implementation of performance improvement within your organization will require some amount of funding.  Unfortunately, oftentimes senior leaders (aka decision-makers) cannot make a “payback” connection, and are therefore not willing to commit to any substantial investment in human error reduction.  That is, at least not until…something [really] bad happens.

Henry Ford had some great insight on needing something and not doing it:

If you need a machine and don’t buy it, then you will ultimately find that you have paid for it and don’t have it.”

Every organization can greatly benefit from reducing the incidence and severity of human error.  You obviously know this, or you wouldn’t be reading this page.

The challenge in convincing decision-makers to commit has often been the money issue.  After all, how do you place a tangible value upon something that…doesn’t happen?

This has been a very difficult question to answer, until now…

Introducing the HU CEC/ROI Calculator

ROI calculator sidebar 1Using metrics based upon viable documented data, the online Calculator can quickly show you how much human error is currently costing your organization.  With this number, you can then easily determine what ROI you will receive when investing [XX] dollars into your implementation.

Typical ROI numbers we see are 100-150% in the first year! 

Think that’ll get their attention?

Use the ROI Access button below to access the CEC/ROI Calculator and User Guide.

NOTE:  CEC/ROI Calculator access is located inside the Member Only area.  If you’re not yet a Member of the Institute, you’ll want to join in order to access the Calculator.  In addition to the Calculator, PPI Membership offers you a whole new level of information access (and…it’s FREE!).

 

not yet a member button

Already a member? Sign in below.

member login button

PPI is a proud member of:

HPA_member_seal_charter_member_smallnational safety councilamerican nuclear society

 

Search Website

membership has its benefits

 products sidebar

Tim's Insights sidebar

Abstract blur

television stations sidebar

human error in the news sidebar1

9 Shares
+1
Tweet
Share5
Share4
Pin