The Most Common Belief Is NOT A Factor In Workers’ Comp Success

So imagine the scene. You’re at a party or a social gathering, and you’re talking in a conversation with someone that’s an acquaintance. Somebody that you know, but you don’t know really well. And you start talking about what it is that you do for a living.

“We’ve Been Really Lucky to Not Have Many Injuries”

And you mention that you’re a workers’ compensation professional. And the response during that conversation is, “Oh, we’ve been really lucky over the past number of x weeks or years that we haven’t had very many injuries at my company.” Or they’ll say, “We’ve been really unlucky, and we’ve had a rash of injuries over the past number of weeks, months, or years.” And you’re likely going to respond with the socially appropriate response that’s says, “Yes, we’ve been really lucky or unlucky, too.” But you’ll know in your heart, or you should know in your heart, that success in injury prevention and injury management has very little to do with luck.

Success in Workers’ Compensation Has Very Little to Do With Luck

Success in injury prevention and injury management has very little to do with luck. Hello, I’m Michael Stack, CEO of AMAXX. And there’s two points that I want you to take out of this video lesson today. One is internalizing that fact, that luck, while it may be a small percentage of your success, it’s a very small percentage. Your proactive planning, your culture, your system that you set up to prevent injuries as well as care for those employees after injury to get them successfully back to work is going to be the major dominating factor in the success or failure of your program.

First Step is to Clarify Workers’ Comp Vision

The second piece that I want you to take out is the reason that people say, luck is the major dominant factor in our success or failure in workers’ comp, it’s because there’s no vision, there’s no goal for what you’re trying to accomplish. Because that’s the first step on that path to workers’ comp mastery and workers’ comp success. So here’s how you get started with clarifying that vision for your organization.

I want you to answer this question:

If I were to wave a magic wand, and in one year from today, you have the perfect workers’ compensation, injury management and prevention program.

Answer these three questions:

1. What does that look like for your organization? What does that look like for your organization? If you had this perfect program, draw that out in a paragraph sentence type format.
2. What does that feel like for you, as the person that designed and implemented this program successfully? What does that feel like for your employees?
3. What has that done for your culture? What has this done for your organization? What has it done for your employees’ values? What has it done for your employees’ attitudes? What has it done for the culture of your organization? And what has it done for your company’s bottom line?

If I were to wave a magic wand and in one year from today, you could have the perfect workers’ compensation program, what does that look like at your organization? What does that feel like for you and your organization? What has that done for your career, what has that done for your employees, what has that done for your company’s bottom line? If you can clearly define that vision, you are well on your way to success. Again, I’m Michael Stack with Amaxx. And remember your work today in workers’ compensation can have a dramatic impact on your company’s bottom line. But it will have a dramatic impact on someone’s life. So be great!

Author Michael Stack, CEO Amaxx LLC. He is an expert in workers compensation cost containment systems and helps employers reduce their work comp costs by 20% to 50%. He works as a consultant to large and mid-market clients, is co-author of Your Ultimate Guide To Mastering Workers Comp Costs, a comprehensive step-by-step manual of cost containment strategies based on hands-on field experience, and is founder & lead trainer of Amaxx Workers’ Comp Training Center. .

Contact: mstack@reduceyourworkerscomp.com.

Workers’ Comp Roundup Blog: https://blog.reduceyourworkerscomp.com/

©2017 Amaxx LLC. All rights reserved under International Copyright Law.

Do not use this information without independent verification. All state laws vary. You should consult with your insurance broker, attorney, or qualified professional.