The potential-method--an economic evaluation tool |
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Authors: | Bergström Monica |
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Affiliation: | Finnish Institute of Occupational Health, Finland. monica.bergstrom@ttl.fi |
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Abstract: | INTRODUCTION: Measuring the effect of safety and health on production is a difficult value to gauge. METHOD: This article introduces the Potential, which is an instrument for economic analysis that incorporates different changes in conditions. RESULTS: While there are a number of problems associated with methods to determine these calculations, this method is a good indicator of the effects of safety and health and produces more than 300 variables with much less input. IMPACT ON INDUSTRY: Organizations can use this method effectively to determine how safety and health measure can improve their bottom line. A positive business case is highlighted. |
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Keywords: | Economic evaluation tools Safety Costs Evaluation models |
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