Benchmarking and Metrics

Safety benchmarking is a planned process by which an organization compares its safety processes and performance with a reference point-standard or others to learn how to reduce accidents; improve compliance with safety law; and/or cut compliance costs. And metrics, which are composed of a series of indicators, are used to measure and evaluate the efficiency and effectiveness of this system.
Reference: CCPS Guidelines for Process Safety Metrics.
Management/Management Principles