Published by
@ShahidNShah
@ShahidNShah
Why Boards And C-Suites Care About Employee Wellbeing
Boards and C-Suites are increasingly prioritizing employee wellbeing, recognizing its impact on long-term corporate success. Acknowledging the correlation between wellbeing and performance, effective leaders measure and assess wellbeing's influence on talent retention, engagement, and productivity. They articulate the significance of human capital in various operational and financial aspects, including supply chains, productivity, and brand reputation. Adopting "CARE governance," they address compensation, advancement, retirement, and experience facets, ensuring comprehensive employee support. This strategic approach acknowledges the critical link between employee welfare and sustained business growth, integrating wellbeing measures into core governance practices for enhanced organizational performance.
Medigy Insights
Boards and senior management increasingly prioritize employee wellbeing, recognizing its pivotal role in corporate success. Understanding the link between wellbeing and performance, effective leaders measure its impact on talent retention, engagement, and financial outcomes. They emphasize the importance of human capital in operational and financial aspects, from supply chains to brand reputation. Through "CARE governance," encompassing compensation, advancement, retirement, and experience, they ensure holistic employee support. This strategic approach underscores the crucial connection between employee welfare and sustained business growth, integrating wellbeing measures into core governance practices for enhanced organizational performance.
Continue reading at forbes.com
Make faster decisions with community advice
- ChatGPT Will Reduce Clinician Burnout, If Doctors Embrace It
- Doctors Are Increasingly Pursuing ‘Side-Gigs’—A Startling Commentary On The Modern Practice Of Medicine
- Engaging Specialists In Accountable Care: Tailoring Payment Models Based On Specialties And Practice Contexts
- Family Caregivers Far Prefer Hospital At Home Over Brick-And-Mortar Alternative
- Healthcare Is Chaotic: 5 Lessons Drawn From Colliding Spaces To Inspire Better Health
Next Article
-
Next Steps For Engaging Specialty Care In ACO Models
The article addresses the limited engagement of specialty care providers in accountable care models like ACOs, proposing strategies to bolster their involvement. It emphasizes the need for improved …
