Docstoc

Poseidon Sadler Intertanko5 _2_

Document Sample
Poseidon Sadler Intertanko5 _2_ Powered By Docstoc
					 THE LLOYD’S REGISTER
 GROUP



 Continuous improvement
 – the future role of classification


 Richard Sadler
 Chief Executive Officer




THE LLOYD’S REGISTER GROUP
INTERTANKO Tanker Event 2009
Life cycle                       STAGE 3 Construction &     STAGE 4
                                 Commissioning              Operations
                                                                       Maintenance
 Human Element/                                                        Management
 Training       STAGE 2                                                         - Planned Maintenance
Supporting all  Design                                                          - Maintenance Strategy
the stages of a                                                                 - Condition Monitoring
vessel’s lifecycle
                                                 INTEGRITY

                     STAGE 1                                                   Risk
                                                                               Management
                     Strategic                     SAFETY
                                                                                  - Risk Management Services
                     Planning
                                                                                  - Lloyd’s Register Integrator



         Life-extension/ship
                                              PERFORMANCE
                                                                               Environmental
         re-cycling/scrapping                                                  Management
                                                                                  - EP / Green Passport
                                                                                  - CO2 Index
                                                                                  - Energy Efficiency Services
 STAGE 5                                                     Safety
 De-commissioning                                            Management
                                    Project Management                - ISM / ISPS – ILO
                                                                      - Integrated Management Systems



THE LLOYD’S REGISTER GROUP
INTERTANKO Tanker Event 2009
Our stakeholders
                                         Owners


                                         Charterers


                                         Bankers
              Owners,
              Builders
            ME&C and
            Regulators
                               Society   Insurers


                                         Regulators


                NGOs                     NGOs


                                         Media




THE LLOYD’S REGISTER GROUP
INTERTANKO Tanker Event 2009
The elements of sustainability


• Safety / Asset integrity improvement

• Environmental improvement

• Social improvement




THE LLOYD’S REGISTER GROUP
INTERTANKO Tanker Event 2009
Social conditions




THE LLOYD’S REGISTER GROUP
INTERTANKO Tanker Event 2009
“I joined the navy…”




THE LLOYD’S REGISTER GROUP
INTERTANKO Tanker Event 2009
Continuous improvement


• Better regulation, inspection, research and
  knowledge management.

• Improved goals
  on safety and sustainability.

• Balanced stakeholder
  requirements of safety, reliability and cost.




THE LLOYD’S REGISTER GROUP
INTERTANKO Tanker Event 2009
Our Group at a glance


•   Anticipated annual turnover $1.0bn

•   7174 employees

•   101 companies

•   278 offices in 78 countries

•   Delivering services in 228 countries

•   7 months from our 250th anniversary




THE LLOYD’S REGISTER GROUP
INTERTANKO Tanker Event 2009
A model for our new business assurance system




                                           STAGE
                                               1   DEVELOP THE STRATEGY

                                                   Define mission, vision and
                                                   values
                                                   Conduct strategic analysis
                                                   Formulate strategy




                                                                                 STAGE
    STAGE




        2   TRANSLATE
            THE STRATEGY
            Define strategic objectives
                                                         Strategic Plan
                                                         Strategy map
                                                                                     5
                                                                             performance
                                                                                           TEST AND ADAPT
                                                                                           THE STRATEGY
                                                                                           Conduct profitability analysis
            and themes                                   Balanced            metrics       Conduct strategy correlation
            Select measures and targets                  Scorecard                         analysis
            Select strategic initiatives                 StratEx                           Examine emerging strategies


                                                                   results




                                                                                 STAGE
   STAGE




        3   PLAN
            OPERATIONS
            Develop sales plan
                                                         Operating Plan
                                                         Dashboards
                                                         Budgets
                                                                                     4     MONITIOR
                                                                                           AND LEARN


            Plan resource capability                                                       Hold strategy reviews
            Prepare budgets                              Pro forma P&Ls performance        Hold operational reviews
            Improve key processes                                       metrics                                             Adapted from
                                                                                                                            Harvard Business Review -
                                                                   results                                                  Mastering the Management
                                                                                                                            System
                                                                                                                            By Robert S. Kaplan and
                                                        Execute processes                                                   David P. Norton
                                                          and initiatives




THE LLOYD’S REGISTER GROUP
INTERTANKO Tanker Event 2009
Our stakeholders
                                         Owners


                                         Charterers


                                         Bankers
              Owners,
              Builders
            ME&C and
            Regulators
                               Society   Insurers


                                         Regulators


                NGOs                     NGOs


                                         Media




THE LLOYD’S REGISTER GROUP
INTERTANKO Tanker Event 2009
Beyond the model of straight-forward compliance


Necessary components

• Suitable management and management systems.
• The right attitude and corporate culture.
• The appropriate training and leadership models.




THE LLOYD’S REGISTER GROUP
INTERTANKO Tanker Event 2009
Incident trends




THE LLOYD’S REGISTER GROUP
INTERTANKO Tanker Event 2009
Human decisions…




THE LLOYD’S REGISTER GROUP
INTERTANKO Tanker Event 2009
Analysing the Human Element




THE LLOYD’S REGISTER GROUP
INTERTANKO Tanker Event 2009
Areas of best practice in addressing the human element




THE LLOYD’S REGISTER GROUP
INTERTANKO Tanker Event 2009
So, our role has changed…
      Improved regulatory
      framework

                                            “I am opposed to the laying
       Greater human element                 down of regulation lest the
       understanding                           improvement of progress
                                           tomorrow is shackled by the
                                                     mistakes of today”




                                         “Excellent firms don’t believe in
                               excellence, only in constant improvement
                                                   and constant change”


THE LLOYD’S REGISTER GROUP
INTERTANKO Tanker Event 2009

				
DOCUMENT INFO