The Industrial Athlete and Next-Leveling Safety in the Workplace

The Fourth Industrial Revolution

The Fourth Industrial Revolution – where distinctions between the physical, digital, and biological worlds are blurred – is now.

What does that mean for employers and their human capital?

Oliver Wyman analyzes how companies can get ahead of workplace injuries and take their risk management to the “next level” in protecting valuable employees’ health while improving productivity and profitability.

"The initial study concludes that the use of wearables for workplace safety may reduce injury frequencies by over 20%." Esther Becker, Partner, Actuarial

Companies must recognize and adapt to this new environment if they’re to differentiate in today’s fast-changing and highly competitive economy. Every one of the assets of the successful employer‑of-the-future is maximally productive and fully deployed, and that includes engaged and healthy human capital. Companies who understand this and have employees in physically demanding, skilled jobs don’t rest in their search for means of reducing injuries and illness in the workplace.

Unfortunately, these same companies tend to find they achieve diminishing marginal returns from traditional means of loss control. Despite safety training, on-site safety management, environment changes, and other tried-and-tested approaches, there remain certain types of injuries that repeatedly occur despite best efforts with these traditional approaches.

How can companies “next level” in protecting valuable employees’ health and improving productivity and profitability? Download this paper and find out!