“Good Health is Good Business.”

Catharine Clark, MS, CNS, LDN

This quote resonates with me over and over as I work with individuals in businesses. What I know to be true is that when employees feel good, success seems to fall into place.

Catharine Clark, a former corporate executive, now consultant to executives in business, is someone whose approach to corporate wellness is one I applaud. Catharine is no nonsense when it comes to focusing on the bottom-line results. Her insights and recommendations are research-based yet intuitive and practical. Here are a few statistics about Wellness that got my attention.

“Companies can expect a positive Return on Investment (ROI) of $1:$3 or $1: $6* on average depending on the specific Wellness programs targeted.  Average results include:

  • A 30%* reduction in Disability and Worker’s Compensation claims;
  • A 24.5%* reduction in Health costs;
  • A 28.3%* reduction in sick-day absenteeism.

The key is Disease Management programs with properly targeted Lifestyle Management programs which result in significantly higher cost savings.**”

A company’s health and wellness programs can significantly contribute to its success. Yet we encourage you to expand your definition of health and wellness to include your culture, your services, your “ways of doing business” and, of course, your employees.

You’ve heard us say many times, “The Company with the best talent wins.” This is the perfect time of year to take a good look at the current “health and wealth” of your entire organization. We invite you to evaluate your people, the processes your company follows, and the skills of those who are leading. Take the time to look at every aspect of your business. Consider the following questions:

  • Can your departmental leaders move the company towards its vision with the skills they currently possess?
  • Do you have key people who are stagnant in their roles working with leaders who don’t know how to reengage or reignite passion in them?
  • Are your employees being handcuffed by your processes, reporting and, most impactful, outdated beliefs and practices?
  • How nimble and resilient is your organization? How will you know you are ready for the next “test”?
  • Is your organization one step or three steps ahead of your competition?
  • Are you where you want to be?

 

If you want to take an objective look at your company and get a plan in place that will position you, your organization and your employees for real “health, wellness and wealth,” we’re only a phone call away.

References:

* American Journal of Health Promotion. 26.4 (Mar/Apr 2012)

** Health Affairs. 33:1 (Jan 2014)