IHS Examines Influence of Operational Excellence on Financial Performance at First Annual Operational Excellence Summit at IHS C
IHS (NYSE: IHS), the leading global source of information and analytics, recently launched the first annual Operational Excellence Summit as part of the IHS CERAWeek 2013 executive conference. This new invite-only event each year will examine Operational Excellence leadership, management system and metrics that drive results at the world’s top-performing companies.
This year’s event featured speakers from: Dow Chemical; BHP Billiton; OSIsoft, a provider of infrastructure solutions for the management of real-time data and events; ERM Information Solutions, a provider of environmental, health, safety, risk, and social consulting services, and the Campbell Institute, the center of excellence for environmental, health and safety (EHS) at the National Safety Council.
“Companies are under immense pressure to make non-financial sustainability metrics as transparent as financial performance results and to use sustainability information to make better business decisions,” said IHS Vice President, EHS & Sustainability, Scott Lockhart. “The connection of Operational Excellence to financial performance is real and has a measurable effect on investor confidence. The IHS Operational Excellence Summit further enables us to develop a community of executives to collaborate and benchmark Operational Excellence performance.”
The Operational Excellence Summit is the first event as part of the IHS CERA Operational Excellence Forum, which brings together industry leaders to collaborate and discuss how to achieve a sustainable competitive business advantage by promoting a culture of operational excellence.
“We’ve been conducting analysis with data from more than 10,000 oil, gas and chemical facilities and millions of records from incidents, inspections, assessments, action items, and other routine processes to, over time, understand the most common drivers for Operational Excellence by top-performing companies,” said IHS Vice President-Innovation Technologies Joe Stough. “The IHS CERA Operational Excellence Forum is the extension of that research as we bring together executives from asset-intensive industries who must integrate Operational Excellence analytics into core business strategies and workflows during the next decade in order to maintain their competitive position in the market.”
About IHS(www.ihs.com)
IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to long-term, sustainable growth and employs more than 6,000 people in 31 countries around the world.
IHS is a registered trademark of IHS Inc. All other company and product names may be trademarks of their respective owners. Copyright © 2013 IHS Inc. All rights reserved.
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