Resource type
Thesis type
(Research Project) M.B.A.
Date created
2005
Authors/Contributors
Author: Koerner, Yvonne
Abstract
This project is a strategic analysis of the safety strategy at Alcan Kitimat Works Smelter (KWS) in Kitmat, BC. The objective of this project is to develop a list of strategic alternatives and recommendations for improving safety culture and safety performance at KWS. Superior safety performance has been recobmized by the industry as a competitive advantage. Positive safety results impact operating costs and improve gross margins by reducing costs directly related to injuries such as WCB premiums and fines. Asset turnover increases by eliminating production downtime and equipment damage resulting. Both improvements will increase return on equity and maximize value to shareholders. Nearly half of KWS's lost time accidents are related to lack of awareness and unrecognized risk. The current safety culture inclucles a high risk tolerance; a mindset that needs to change. Recommendations are made to facilitate this cultural change along with other identified cultural and safety performance issues.
Document
Copyright statement
Copyright is held by the author.
Scholarly level
Language
English
Member of collection
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