COST OF ERROR CALCULATOR2018-06-20T15:39:29+00:00

HU CEC/ROI Calculator

A key factor upon which decisions are made in business is- Return on Investment (ROI).

The reality is- implementation of performance improvement within your organization will require some amount of funding.  Unfortunately, oftentimes senior leaders (aka decision-makers) cannot make a “payback” connection, and are therefore not willing to commit to any substantial investment in human error reduction.  That is, at least not until…something [really] bad happens.

Henry Ford had some great insight on needing something and not doing it:

If you need a machine and don’t buy it, then you will ultimately find that you have paid for it and don’t have it.”

Every organization can greatly benefit from reducing the incidence and severity of human error.  You obviously know this, or you wouldn’t be reading this page.

The challenge in convincing decision-makers to commit has always been the money issue.  After all, how do you place a tangible value upon something that…doesn’t happen?

This has been a very difficult question to answer, until now…

Introducing the HU CEC/ROI Calculator

Using metrics based upon viable documented data, the ROI Calculator can quickly show you how much human error is currently costing your organization.  With this number, you can then easily determine what ROI you will receive when investing [XX] dollars into your implementation.

Typical ROI numbers we see are 100-150% in the first year! 

Think that’ll get their attention?

You can find the CEC/ROI Calculator in the membership portal.

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