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Workplace Safety, Higher profits

by Carl Luttig

Janet McCalman is only partially correct when she says there is a conflict of interest between safety and corporate profits.

It is true that it costs money to create an organisational culture in which workplace safety can thrive. Companies preoccupied with short-term profits are invariably tempted to take shortcuts in this area, and, unfortunately, many still do, However, there is a growing realisation that such expediency is ultimately not in the best interest of a companies overall performance. The issue here is not so much the overt costs associated with workplace accidents/disasters. Nor is it indirect costs resulting from the impact of low workforce morale and diminished confidence among stakeholders.

Unquestionably the greatest price paid by companies that fail to integrate safety and other business imperatives is reduced workforce commitment. For there can be little doubt that employees who feel that their wellbeing - and indeed, life - is a low corporate priority, are hardly inclined to give their all for their employer.

To rise above the ruck, companies of vision stop viewing safety as a cost and treat it as an opportunity to build a better-performing, and thus more profitable enterprise.

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Topics of Interest
What roles does a leader play in the safety effort and what role do systems play in the safety effort?
Workplace safety: No improvements likely despite Longford
     
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