Scorecards And Analytics

Benchmarking and Scorecards from Shelter Island Risk Services (SIR) put the focus on outcomes instead of process. Everyone believes in benchmarking, but the devil is in the details. Approaching these concepts through statistical methods and data mining, SIR can identify critical deviations and drill into root causes. We bring balance to the process by measuring the likely savings from specific improvements.

Scorecards for Operations are focused on actionable items at local levels. Scorecards can specifically examine any problem from a broad base to pin point focus.

Our analytical services test and uncover areas where you can drive up the quality of all your Risk Management programs. We can evaluate your vendor programs and help you build your best case for improvement.

Making risk management understandable to Senior Management is critical. Senior Management will not fund or expand what they do not understand. We can help you create concise and informative periodic reports for leadership teams and Senior Executives. We can show you how to feature cost reduction initiatives, identify new cost reduction areas, and put this important information into easy to understand reports instead of risk management jargon. This improved communication builds upon having the data and analytical resources to support the message.