Worker Productivity Hi, Keith - great thinking! And Matthew's comments add great value to them. I hope my response is not too late! My response is much narrower than your scope, but touches on some of the points you raise. I've done some work around how productivity in the civil construction sector is sapped by incidents and near misses, and I show how you can add up the dollar value of environmental incidents and near misses under the following headings:
[*] Upfront cash costs of an environmental incident response
[*] Costs of incident recovery and extracting the learnings from environmental incidents
[*] Counting the cost of opportunities lost
[*] Communication, contractual, legal and PR costs
[*] Costs of reputational harm
[*] Business impact costs: valuation and viability
The numbers for even small incidents add up very fast and I believe are an ongoing drain on productivity. And people tell me the indicators under each heading work really well for health, safety and quality as well.
Ganesh Nana (CEO of the now cancelled Productivity Commission) has done some great work about how productivity should be counted across all the wellbeings (a bit like the broader outcomes in the government's procurement rules). See
https://www.productivity.govt.nz/news/productivity-applying-our-taonga-to-deliver-wellbeing and
https://www.productivity.govt.nz/news/articles/wellbeing-in-the-workplace-to-lift-productivity/.
I hope this helps!