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Assessing financial impact of maritime ergonomics on company level: a case study

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  • Cecilia Österman
  • Linda Rose

Abstract

The present paper reports a case study examining a conceptual framework for assessing financial impact of occupational maritime ergonomics in a Swedish shipping company. Specifically, the aim was to study the availability and applicability of suggested determinants for operational performance, routines for estimating the effects of ergonomics and the customer's (sea transport buyer's) demands for ergonomics management on the case company. The results show that the determinants and subcategories for operational performance in terms of productivity, efficiency and quality are present and applicable, albeit not measured to any large extent. No routines or specific methods for measuring or estimating cost and effects of ergonomics investments, accidents and operational disturbances were found. Further, the results show that the sea transport buyers increasingly express interest for and place demands related to maritime ergonomics, for instance, through compliance of specific standards and guiding principles linked to maritime ergonomics. It is concluded that in order to support and enable managers' ability to make well-informed decisions and prioritizations, between investments, ergonomic or other, increased knowledge is needed of the financial effects of ergonomics on company core value processes. There is also a need to develop and implement usable tools to simplify these measuring procedures.

Suggested Citation

  • Cecilia Österman & Linda Rose, 2015. "Assessing financial impact of maritime ergonomics on company level: a case study," Maritime Policy & Management, Taylor & Francis Journals, vol. 42(6), pages 555-570, August.
    • Handle: RePEc:taf:marpmg:v:42:y:2015:i:6:p:555-570
    DOI: 10.1080/03088839.2014.904946
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    Cited by:

    1. Michael Stein & Michele Acciaro, 2020. "Value Creation through Corporate Sustainability in the Port Sector: A Structured Literature Analysis," Sustainability, MDPI, vol. 12(14), pages 1-17, July.

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