The AIHA Business Case in EHS Tool captures the effects of implementing programs or activities on employee health and safety (injury or illness), risk management, and the business process. The effects include customary financial business metrics, such as net present value (NPV), internal rate of return (IRR), return on investment (ROI) and Payback Period (PBP), which are meaningful to business management. This tool also includes non-financial measures, those that cannot be directly or easily monetized. In reality, the Business Case answers the question: What’s in it for the company?
An article about this tool is featured in the May issue of The Synergist.
Supporting videos produced by the Instructional Video Unit of the University of Central Missouri’s Center for Teaching and Learning are available from YouTube below.