Bowtie Analysis

What is Bowtie Analysis?

Bowtie Analysis is an advanced risk evaluation tool that enables users to visually map risks and illustrate the pathways between their causes and potential impacts. In addition to mapping your risk scenarios, Bowtie Analysis also allows you to assign controls to individual causal or consequential pathways, and apply key risk indicators (KRIs) to help track the performance of risk controls. It is a graphical tool that helps users better organize and prioritize risks, and facilitate a more comprehensive understanding of the risks facing your business.

Why Perform Bowtie Analysis?

As EHS professionals, it’s our job to anticipate and manage all potential workplace EHS risks in order to ensure compliance, protect workers and promote the health of the organization. Bowtie Analysis allows us to document and prioritize the full spectrum of workplace EHS risks, visualize the relationships between the causes and impacts of those risks, and develop and monitor the controls necessary to manage them. Benefits of applying Bowtie Analysis include:

Enhance visualization of risks and associated controls
Improve communication of risk and risk management activities to stakeholders
Centralize planning and coordination of risk management activities
Perform and document more comprehensive root cause analyses
Monitor effectiveness of risk controls and risk management activities

How VelocityEHS Can Help

Part of the Operational Risk solution, VelocityEHS Bowtie Analysis is a powerful and versatile software system that allows users to quickly and easily create, modify and distribute risk bowties across your entire enterprise. Users can build and manage risk bowties within our flexible and intuitive graphical user interface (GUI) that makes it easy to create, rearrange and update bowties to reflect your changing organizational risks. Bowtie data can then be instantly analyzed and summarized through a variety of built-in reports. Our customers consistently report that using VelocityEHS Bowtie Analysis has helped them achieve dramatic improvements to workplace productivity, knowledge sharing and risk management program performance.

Explore Our Bowtie Capabilities

Bowtie Analysis is part of our Operational Risk solution. To see the full set of features, click here.

View Full Operational Risk Solution

Graphically construct & modify risk bowties within a flexible & intuitive bowtie editor

Set risk ratings, or calculate dynamically based on causes, consequences, & controls

Quickly analyze and distribute bowtie data with powerful built-in reporting functionality

Develop and assign targeted controls for individual sources of risk

Set-up and track Key Risk Indicators (KRIs) for individual risk controls

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Have questions about the VelocityEHS Accelerate® Platform? We’ve got you covered with the answers you need. Request a 30-min demo to see how we can help you make your workplace safer, faster.

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