Car Safety Balanced Scorecard and KPIs
To avoid fatal injuries to the vehicle occupants and damage to the vehicles, it is essential that a car is embedded with certain key safety features. Large numbers of people die everyday in car accidents as their vehicles lack important safety mechanism, which if used properly can minimize such occurrences.
KPIs in this category can be arranged under four major perspectives- Research and Compliance Perspective, Crash Avoidance Systems Perspective, Driver Assistance Systems Perspective and Crashworthiness Systems Perspective.
Research and Compliance Perspective includes KPIs in the form of % share of revenues in research, automobile design rating, technical standards meeting index for fuel system integrity and number of checks initiated.
Crash Avoidance Systems Perspective on the other hand describes the factors that can help in avoiding the road accidents. It takes into account KPIs like clarity level of headlamps and mirrors used, level of stability control, quality level of anti-lock brakes and lane-keeping technology grading.
Driver Assistance Systems Perspective comprises of KPIs that are responsible for providing proper assistance while driving. It consists of KPIs like accuracy level of tire pressure monitoring system, emergency brake assistance level, % improvement in traction control system and adaptive cruise control accuracy ratings.
Crashworthiness Systems Perspective takes into consideration KPIs like stretch level of seatbelts, quality level of laminated windshields, test rating of airbags and pedestrian safety score.
Why do business professionals choose ready-to-use KPIs?
Read Why do business professionals choose ready-to-use KPIs? to find out the answers to these questions:
- Can a business professional research KPIs on his own?
- How do I avoid typical problems with KPIs?
- Is ready-to-use KPI applicable in my niche?
- Is KPIs' price affordable?
- Can KPIs can be easily integrated in any business environment?
- How can KPIs make the difference to the business?
What are the benefits of Car Safety metric:
- Compliance with tech standards and legislative norms can be measured with car safety BSC and relevant KPIs.
- Purely technical aspects are to be evaluated as well. Usually, findings are based on accident statistics (clarity of lamps, anti lock brakes etc.)
- Driver assistance systems evaluation helps reveal weaknesses that impact safety.
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More ideas on using Car Safety KPI
Car accidents have been a major issue in all nations irrespective of how developed the land is considered to be. This has compelled governments to keep issuing guidelines ranging from 'mild requests' (that are a function of drivers' interest to save own and others' lives) to 'strict norms' (which if not followed to fall heavy on both the person's pocket and reputation).
Despite these attempts, complete stoppage of these unfortunate events lags behind expectations.
Just like 'rules' have been making their contribution to vehicle security issue, the design of the vehicle can also play a significant role in helping the driver and occupants save themselves of serious troubles, when it comes to automobile safety. This is to say that car manufacturers have been devising newer and more potent technologies to prevent the collisions (in first place) and minimize the injury and harm to people.
Implementation of 'car safety scorecard' has all that it takes to count the efforts being made in the direction of 'car security'. The basic idea is to spot the important areas and link those to the relevant indicators that reflect automobile security. These 'measurable phrases' are respected due to their ability of getting attached with values in the form of 'desired state' and 'actual state'. This makes it possible to conduct the follow-up task of vehicle safety.
More useful information for Car business Evaluation
Car Safety Estimation Balanced Scorecard Screenshots
Metrics for Car business Evaluation
This is the actual scorecard with Car Safety Dashboard and performance indicators.
The performance indicators include: research and compliance perspective, % share of revenues put in research, automobile design rating, technical standards meeting index for fuel system integrity, number of checks initiated, crash avoidance systems perspective, clarity level of headlamps and mirrors used, level of stability control, quality level of anti-lock brakes, lane-keeping technology grading, driver assistance systems perspective, accuracy level of tire pressure monitoring system, % improvement in traction control system, emergency brake assistance level, adaptive cruise control accuracy ratings, crashworthiness systems perspective, stretch level of seatbelts, quality level of laminated windshields, test ratings of airbags, pedestrian safety score.
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