January 2016
|
World Coal
|
53
big results
to
Small steps
Steve Bradbury, Dingo, USA,
explains the Compound
Effect and illustrates how maximising on data to improve
seemingly small decisions can lead to big results.
A
s economic factors outside of the mining industry’s control continue
to drive pricing down, operations are cutting to the bone in order to
survive. This environment poses significant challenges for
organisations, including less manpower, fewer outside resources,
aging equipment and lower morale – to name a few. But these issues are readily
apparent and can be addressed. The bigger concerns are the ones that are not
immediately obvious. One of the most dangerous conditions that this
environment breeds – one that often goes undetected until it is too late – is a
phenomenon dubbed the ‘normalisation of deviance’ by sociologist
Dr Diane Vaughan.
