Better Business AG
TAKING CARE OF BUSINESS
STRATEGIES FOR INDIVIDUAL AND ORGANISATIONAL
RESILIENCE IN A POST-COVID WORLD
The challenges posed by COVID-19 have highlighted the importance of resilience - for individuals, teams and at the organisational level. The disruption brought by COVID-19 has forced many to adapt to a new way of working. Now, some are faced with the prospect of new challenges, such as safe re-entry into the workplace, and the potential threat of a ‘second wave’. While undoubtedly some positive change has come from recent events, it’s also true that many have seen a deterioration in their mental or physical wellbeing at this time.
In addition to the personal cost of these issues, they pose risks to businesses in terms of reduced engagement, morale, productivity and sustainability. There is a clear business case for ensuring workers are supported to maintain energy and resilience. Such interventions have obvious relevance now, but are also critical if businesses are to be able to navigate future challenges, in whatever form they come.
Our forthcoming CHRO roundtable Taking Care of Business is an opportunity to contribute to the current discussion on how employers can best support wellbeing, performance and resilience at all levels within an organisation.
The session will be hosted by Ralf Schneider, our expert on culture and leadership, and Dr John Briffa, Head of Solution Centre, Healthy High Performance, at Better Business. John is a medical doctor, facilitator and speaker specialising in the optimisation of wellbeing and resilience. Dr Briffa has broad and long-standing experience partnering with clients such as Deloitte, PwC, HSBC, Barclays, Allen & Overy and Schroders to support the design and delivery of wellbeing initiatives, training and other resources. He is the author of 9 books, includ- ing A Great Day at the Office (HarperCollins).
The focus of the discussion will be on how organisations can recalibrate and support the wellbeing and effectiveness of their people. Numerous studies make a strong business case for targeted investment by companies into the work-related physical and mental health of their employees. The World Health Organisation concluded that well-being interventions show a return of 4 USD for every 1 USD invested.1 Recent research from Deloitte shows that, on average, wellbeing interventions bring a return on investment in excess of 500%.2
- What’s the personal impact of stress and wellbeing issues, and what’s the ‘business cost’?
- The physiological basis for burnout, and why un- derstanding this is key for effective prevention and recovery.
- Strategies around lifestyle factors such as diet and sleep that support energy, effectiveness and sustain- ability.
- Psychological strategies for managing stress and boosting performance, resilience and resourcefulness.
- The link between Wellbeing, Leadership and Culture – nurturing the right environment.
- The essential elements for wellbeing interventions to have high levels of engagement and impact
About the Better Business Institute and ′Digital Circles′
The Better Business Institute exists to advance thinking around and drive the practice of ‘better business’. The BBI’s Digital Circles are on-line dialogues that focus on a topic relevant to the time. They typically include a small group of senior leaders from a range of companies and industries, and a subject matter expert/thought-leader associate of the Institute. The aim of these sessions is to explore, generate and capture next generation practices, through open and generative dialogue between the participants.
Participating in the Digital Circle provides an opportunity to have an open dialogue on strategic issues with a trusted circle of senior peers. The forum will help stimulate and contribute to your thinking with input from other industries, organisations and experts. An additional benefit is the ability to expand your professional and personal network naturally and organically.
1. World Health Organisation, 2019
2. Deloitte: Mental Health and Employers: Refreshing the Case for Investment - January 2020