Upcoming Education Events at AIHce 2012 in
PDC 708: The Value Strategy - A Process for Promoting Health and Safety Interventions
Instructors: Brian Bethel, CIH, Elyce Biddle, Bernard D. Silverstein, CIH and Christopher Ulriksen
Saturday and Sunday –
Value Added: Learn the Value Strategy process for promoting health and safety interventions thought business alignment, identifying stakeholder value, financial analysis and the development of a business case study. Receive the Value Strategy Manual and select software/freeware.
Prerequisites: EHS professionals responsible for planning, developing, managing or otherwise supporting program and project work in health and safety will benefit from learning the Value Strategy concepts and practices.
Learning Aids: Participants must bring a laptop computer with MS Office applications (PowerPoint, Excel and Word).
Outcomes: Upon completion, the participants will be able to:
- Align key business objectives with health and safety interventions for decision making
- Identify financial and non-financial value factors used to support business decisions
- Develop intervention projects utilizing SMART objectives and Balance Scorecard techniques
- Conduct financial and non-financial analysis
- Develop presentations on business case studies
- Use software supporting the Value Strategy processes
Step 1 – Identify key business objectives and health and safety hazards
Step 2 – Prioritize value opportunities and plan the value study
Step 3 – Evaluate risk reduction options
Step 4 – Identify value opportunities
Step 5 – Assess intervention impacts on business costs and benefits
Step 6 – Conduct cost-benefit or cost-effectiveness analysis
Step 7 – Develop the value proposition and presentation
Competing for limited resources in the current economic situation requires the Industrial Hygienist to demonstrate the value of health and safety interventions. Developing a value proposition, the sum total of the costs and benefits of interventions, allows the Industrial Hygienist to advance employee health and safety using classical business methods. The AIHA Value Strategy is a comprehensive process where the Industrial Hygienist aligns risk management with business objectives, promoting stakeholder values. Workshop participants will support the development of a business case study, identifying and promoting interventions, using IH risk management and business tools and methods, and demonstrating the value of Industrial Hygiene by presenting the value proposition.