Creative

Most companies have financial objectives in place and actions plans on how to deliver these. The action plans are usually delegated in the organisation to employees performing the actions in different change programs. This sounds straightforward but since not all successful companies stay successful, there seem to be a problem.

Research (1) shows that only one third of excellent companies remain excellent over a longer term. An even smaller percentage of change programs in different organizations succeed. Why is that?

You might think the reasons are lack of resources, budget, bad ideas, poor planning etc. but the research report showed that over 70% of change programs fail due to bad employee motivation in combination with managers’ behaviours not supporting the change.

If you look at professional athletes they work on improvements in four areas:

  • Physique
  • Technique
  • Mental health
  • Healthy and injury-free

Neither of these areas can be neglected and they are all extremely important to develop and improve if you want to be in the top. If you compare the areas to a corporate organisation you could draw the parallels:

  • Physique – the employees and their competence
  • Technique – the organisation’s capabilities such as processes, systems, tools etc
  • Mental health – the motivation and drive in the organisation
  • Healthy and injury-free – healthy employees

And where do companies fail? Research (2) among Swedish employees gave us a clear direction:

73 percent of all Swedes are unconcerned with their jobs and are working hard to kill time while waiting for lunch or other breaks. And that is the good news. 11 percent are even actively negative and are out to harm their company! Further more, for the fifth year in row the number of people taking time off work due to stress has gone up in Sweden (3). There are similar research with the same findings in the rest of the world. This is not a Swedish problem, it’s global.

These striking figures are not fiction and tells the truth of where companies needs to focus: how to increase motivation and drive in the organisations and increase employee health. But just as for the athletes, this does not mean we can forget about the “hard” areas – they need to coexist in a joint effort to develop the company towards long term sustainable profitability.

When we will succeed you must agree that it’s a fantastic future. What a wonderful world it could be if we had profitable companies with healthy, happy and motivated employees – looking forward to every day at work!

The big question is of course how to get there and that is where ChaseXL comes to help. ChaseXL has developed a methodology which we call ‘The Business Wellness Methodology’.  The purpose of the methodology is to increase the productivity in the organisation to deliver better financial results as well as increase the wellness in the organisation.

We are happy to tell you more about our methodology and will do so in the coming newsletters.

(1)    Scott Keller and Colin Price,  Beyond Performance: How Great Organizations Build Ultimate Competitive Advantage

(2)    http://www.dn.se/ekonomi/de-flesta-ar-oengagerade-pa-jobbet

(3)    http://www.thelocal.se/20150610/stress-at-work-causing-hike-in-swedish-sick-leave

Ökad lönsamhet och mindre stress