Workshop: Human Factors And The Bottom Line – Quantifying The Benefits Of Healthy Workplaces
2014 (English)In: 11th International Symposium on Human Factors in Organisational Design and Management (ODAM 2014)and 46th Annual Nordic Ergonomics Society, Technical University of Denmark / [ed] Broberg, O et al., 2014Conference paper, Abstract (Refereed)
The aim of the workshop
The workshop gives opportunities to learn about how to banish the phantom of unexpected costs and poor operating performance that comes from ergonomics / Human Factors problems in the workplace. The objectives are to foster a broad discussion on the economics of ergonomics including aspects such as 1) How Human Factors can affect company’s bottom line , 2) Why companies underestimate Ergonomics/Human Factors costs and benefits, 3) What economic assessment tools and approaches can be used to help companies realise the financial benefits of good working environments.
The format of the workshop
Participants are invited to join this interactive workshop on quantifying the financial costs and benefits of workplace improvements. The workshop will take an interactive approach. First the hosts will share their experiences, and will be examining a range of economic assessment techniques and discuss case studies in from both Swedish and Canadian industry, of how attending the human factors and ergonomics can improve a company’s productivity and quality performance. Thereafter an open plenary discussion will follow.
Work environment effects are often difficult to assess, especially since many of them are hidden. Moreover, the economic impact of these hidden effects is often many times larger than that from visible effects, such as costs from absenteeism. Hidden effects often play a larger role on business parameters than visible ones do. Without adequate measurement or assessment tools, hidden effects remain obscured. As a result, they may be overlooked, which can have significant business consequences, particularly when making investment decisions related to work environment issues. Ergonomics/Human Factors gains from quality and productivity are usually much greater than for reduced compensation costs. Companies that underestimate the financial impact of human aspects of their systems can find their anticipated profits vanish – so called ‘phantom profits’.
Place, publisher, year, edition, pages
Environmental Health and Occupational Health
IdentifiersURN: urn:nbn:se:kth:diva-159867OAI: oai:DiVA.org:kth-159867DiVA: diva2:787431
11th International Symposium on Human Factors in Organisational Design and Management (ODAM) & 46th Annual Nordic Ergonomics Society Conference (NES), 17th-20th August 2014, Copenhagen, Denmark
QC 201502112015-02-102015-02-102015-02-11Bibliographically approved