Measure the metrics that matter! 

Sometimes to keep your business in great shape tough decisions are made. You may have to cast aside elements that your business has traditionally depended. Collecting data on how best to mitigated employee risks is no exception.  

Forward thinking organisations recognise the importance and impact of having a well, healthy and productive workforce. However, a great number of organisations still have dated, old world systems and methodologies to identify the risks in the business. Such an approach prevents the business benefitting from the current, scientifically backed, evidence-based data platforms. 

The future of work is constantly changing. Unfortunately, some systems and methods used in business may not be keeping pace with the changing world. Just measuring what has always been measured, is no longer valid. The metrics that should be measured must accurately present the true risk profile of the company. 

Optimum has worked with a range of organisations where they used old methods of collecting data to monitor risks of employees and their business. When the organisation agreed to use our metrics and scientific methods things changed. Risks were quantified early and clearly. Managementapprecaited real time data. 

The key to the new world approach is selecting the correct metrics to measure. Deciding what metrics to use comes from world class science and experience. Let’s work together to understand why these metrics. Some metrics currently used unfortunately purport to measure risks but only use outcome data. A lagging indicator does not present root cause. The data is old and presents some indications of what has happened months ago; however, it does not address what is happening now, in real time.   

On the other hand, using metrics that focus on leading indicators, prevention and root causes presents management with data to allow the best-informed decisions around mitigating risk. 

Many of the old metrics and elements in the workplace need replacing. Replace them with real time evidence, scientific analysis, interventions, and support that will impact the bottom line of the business. Decisions can then be validated more easily as the data collected is specific to the challenges of the business. 

Optimum’s methodologies with a focus on prevention and root cause has demonstrated a 400% ROI. A great result because we only measure what we treasure. 

If you wish to have a system that will allow you and your business to best monitor today’s workplace and employees, then contact us at admin@optimumhms.com.au.