Media and Entertainment
Deep Dive into Data Yields 48% Reduction in Safety Hazards and $2 Million-plus
in Loss Avoidance
When you have more than 50 acres to protect—especially when it’s a site that’s a buzz of activity and construction—little things can add up fast. A stray electrical cord here, a dripping water hose there—and soon enough you’ll find losses mounting from trip and fall injuries and facility damage.
But identify and address those hazards—as one major Hollywood production studio was able to do—and you can prevent millions in potential losses annually. In just one fiscal quarter, for example, the studio prevented incidents that could have knocked $657,118 from its bottom line. And that figure only accounts for potential direct losses from hazards and events. It ignores the millions in cascading costs that typically result, as incidents lead to production delays, missed deadlines, and even litigation.
The company’s secret to loss prevention and cost avoidance? U.S. Security Associates’ (USA) P3℠ Technology Platform℠ (Prepare. Predict. Prevent.℠). With USA’s P3 Portal℠, the company has gained unprecedented insight into site hazards and security operations—and by aligning risks with resources it is saving money.
The technology helps the studio to manage hazards effectively—preventing them from turning into costly insurance claims and work disruptions. P3 also provides the company with the intelligence it needs to make safety improvements and inform training programs, proactive measures that are helping it to sharply reduce the number of workplace hazards.
At the operational level, USA’s P3 Platform puts technology into the hands of trained Officers. The tools enhance officers’ ability to quickly and effectively report, respond to, and manage hazards. For example, USA’s security team frequently comes across water leaks on sound stages—a dozen or so every three months on average. Upon identifying a water issue and making note of the incident on hand-held P3 devices, a customized app walks officers through management of that specific type of incident, which includes using caution tape to block off the area, taking pictures of the situation, and potentially shutting off water sources.
“Our team of technology developers and security managers have sat down several times with the studio’s project managers to brainstorm different ways that P3 can benefit them and created unique widgets to meet specific needs they have.”
—Senior operations executive, U.S. Security Associates
The information immediately uploads, becoming available to security managers and the security operations center, and pictures and information about the hazard are automatically routed to the facilities department so its staff can fix the problem. When they do, the information is fed back into the system to close the hazard identification-resolution loop.
With the mobile P3 Technology, Officers in the field can easily follow detailed protocols for managing a range of incidents in accordance with specific client requirements. Such customization is also available in the technology’s
‘backend,’ offering users the chance to create unique windows into their operations. “I think the biggest differentiation factor about P3 Technology is that it’s not off-the-shelf. It is proprietary technology,” explained a senior operations manager at USA. “Our team of technology developers and security managers have sat down several times with the studio’s project managers to brainstorm different ways that P3 can benefit them and created unique widgets to meet specific needs they have.”
USA’s P3 Platform is similarly transformative at the management level, providing the production studio with information it needs to maximize value from its security resources and to eliminate hazards that lead to loss. The system tracks a range of hazards for trend analysis: incidents of trespassing and other criminal activity; improper or unsafe operation of production vehicles; fire hazards, such as blocked exits or coffee makers being left on; trip hazards, such as electrical cords stretching across walkways; and security risks, such as workstations with logged-on but unattended computers from which an individual could gain access to sensitive company information.
With advanced tools such as customizable dashboards, heat maps of officer movements and the locations of hazards, heat calendars that depict hazards and events over time and advanced analytics, the company gained new
understanding of its risks and security service. Managers can see when and where safety issues are recurring and how it makes sense to deploy security personnel. USA’s P3 Platform offers all the tools the company needs to extract value from security expenditures, to view and manage incidents, produce activity reports, and schedule predictive patrols.
Those tools have paid off. With the ability to diagnose problematic issues, times, and locations, the company has been able to completely engineer-out many safety risks, as well as pinpoint where refresher safety training is needed most. As a result, in their latest fiscal quarter after utilizing Officers with P3 technology, the studio saw a dramatic 48 percent drop in hazards.
Not every stray electrical wire sparks a fire and not every wet floor causes a slip and fall. But when they do, the cost of claims is substantial. It’s why being able to identify and remediate a water leak is worth $12,890 on average, according to data from insurer Liberty Mutual. It’s also why the studio is so taken with the benefits of USA’s P3 Technology. In just a single fiscal quarter, in just that one sliver of one safety hazard category, the company realized potential savings topping $657,000 – a great return on the technology investment!