Page 80 - Petrosphere - Loss Control Management (LCM) Training Manual V 1.0

79 Module 8: Management Control of Loss Loss Control Management (LCM)

• Performance Standard - Weekly inspection

• Actual Performance - 3 inspections in 4 weeks

Evaluation

Program: Planned Inspection
• Performance Standard - Weekly inspection

• Actual Performance - 3 inspections in 4 weeks

• Performance Measurement = 3/4 x 100% = 75%

Commendation and Constructive Correction

 Better communication of goals, objectives and standards to be sure they are understood.

 More effective training to enable a person to carry out the goals, objectives and standards.

 Increased and improved performance feedback so people won’t have to guess where they stand.

 Improved procedures and work methods which helps to reduce frustration, hazards and
meaningless activity.

 Improved recognition for desired behavior to communicate that it really matters.

 Punishment as a last resort, but done in a way that communicates your genuine concern.

Review
• Specific Professional Vocabulary

• Why Loss Control is Important to Managers
• Activities of Management Control

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