Over the last quarter century, case studies have documented the advantages of biophilic design, including improved stress recovery rates, lower blood pressure, improved cognitive functions, enhanced mental stamina and focus, decreased violence and criminal activity, elevated moods, and increased learning rates.
How do we take the evidence for these benefits and translate them to economics? In the past, research groups have reported various metrics of productivity including revenue, billable hours, net income, and market share gained. Current research uses both direct and indirect approaches.
Direct measures of productivity encompass quantifiable reported values, for example, the number of customers served or calls taken during a given time period. These metrics can be assigned monetary values in their respective settings and directly converted to cost savings for a company or institution. Indirect measures, although seemingly intangible and unquantifiable, are shown to have merit when examined in detail. Indirect measures of productivity include absenteeism, tardiness, hours worked, safety rule violations and other measures that add up quickly in a corporate budget (Miller, 2009). For this paper, indicators of productivity will include the following and will be translated into dollars where most applicable: