Leadership and culture is one of the key Action Areas of the Australian Work Health and Safety Strategy 2012-2022.
There is strong evidence that performance is improved when organisations address work health and safety risks along with other important business risks. In 2014, Safe Work Australia commissioned the Centre for Workplace Leadership at Melbourne University to provide a summary of this evidence.
The report suggests the evidence supports the general business case for investment in work health and safety – that those investments provide a positive return through reduced costs associated with poor work health and safety outcomes, improved productivity, and possibly other outcomes that add value to the business.
The report points out the need for businesses to take a broad strategic and long-term view when considering the business case, since there are a number of factors which will affect the return on investment in work health and safety improvements, including the time period over which the business anticipates seeing the returns.