Monthly Archives

April 2022

Blog

Your Wellbeing or Personal Indulgence?​

This is a big topic at the moment. It attracts so much attention and creates so many headlines that it would almost seem to be a global obsession. It may have got to the point that people switch off when they hear the word even though the need has not disappeared.  Tech companies seem able to sell any number of apps and gadgets to measure every aspect of physiological function, but for many people, does it go beyond measurement and the possible creation of even more anxiety caused by the results?

I know it’s important but that doesn’t mean I find it any easier to give it the right priority in my life. My toes curl slightly at the term ‘self-care’. If our wellbeing were a business, would we invest in it? If not, why not? Here’s the business case for the investment:

  • Protecting the company’s investment. Sports franchisees that pay top dollar for star athletes require them to exercise, eat better and take care of their overall wellness during the season. The same should be true for C-level employees as companies pay more for those roles, particularly the top job. Considering that the Economic Policy Institute estimates that average CEO pay is 271 times the nearly $58,000 annual average pay of the typical American worker, it could be said that the C-Suite should be held to a higher personal maintenance standard.
  • Supposing you depart suddenly as a result of ill health. Costs can mount quickly without an obvious internal replacement. The typical seven-figure severance package and six-figure retainer for an executive search firm are just the beginning. Board members might have to fly in on short notice for an emergency meeting. A small army of professionals — all of whom charge by the hour — begins to mobilise: communications consultants and employment lawyers, movers and relocation experts. The longer the clock ticks, the higher the figure on the meter. And those are just the hard, easily quantifiable impacts. They pale in comparison to the less visible costs. Turmoil and uncertainty at the top filter quickly down through the organisation, slamming the brakes on growth initiatives, hindering the closing of vital deals, and causing some valued employees to start looking for new positions elsewhere.
  • What is more difficult to quantify but a reality nonetheless is the cost of lack of efficiency, delayed decisions, and bad decisions as a result of ill-health, burnout or being generally sub-par.

What’s your level of investment in your wellbeing? Can you afford NOT to invest in wellbeing?

Blog

What’s your state of wellbeing?

With most of us having had a break over Easter, it’s a good time to switch off but also have some time to reflect on our state of wellbeing.

There is no shortage of evidence to demonstrate that people at a senior level have been more adversely affected by the changes and working conditions brought about by the COVID 19 pandemic. Much as we might all have desired a return to ‘normal’, it would appear that working patterns have undergone a permanent shift with many workers continuing to prefer to work from home – another adjustment to make.

These pressures may have affected you in a number of ways. You may be

  • Thinking of leaving the workplace altogether
  • Seeking a new position
  • Finding that you are part of the epidemic of stress and burnout.

If you’re in this position, you have probably recognised the need to support employees who have been similarly, but not as badly affected by these conditions and put in place wellness initiatives in your companies. But what about you and your wellbeing needs? Many senior people don’t recognise this as a need for themselves and would rather adopt either a stoical approach or deny that there’s a problem.

This carries huge risks as the effects of your ill health can be far-reaching. Senior executives have huge responsibilities, hence the stress, and the implications for being sub-par on business effectiveness, decision making, and leadership are also great: a strong business case for their investing in your health and wellbeing. It will also have a beneficial effect on the rest of the company, your leading by example.

Why don’t you think about investing some time in yourself and the rest of your life by coming on one of our retreats? Giving yourself time to think about your direction, purpose and state of wellbeing could pay dividends for you, the family and the business.

Our next 5-day retreat starts on the 13th – 16th of June. We are having drinks in London on 27th April at 5pm at the Eight Club for people who’d like to find out more. For those who can’t make that date, we are having a Zoom call at 5pm on 3rd May. Please get in touch if you’d like to participate in either of those events.

Blog

Is your senior management team in danger from “The Great Resignation”?

The ‘Great Resignation’ seems to be everywhere. I can’t open a newsletter in my inbox without reading about it. I’m not surprised. The effects of the pandemic are going to be with us for a long time and they are hard to identify and pin down. Generally, there is a sense of people being unsettled and the current war in Ukraine and economic pressures aren’t helping. While all the COVID regulations have been lifted, COVID is still very much with us, to an even greater extent if anything and it doesn’t seem as though there will ever be a point when we can wave goodbye to it.

In the management team retreats I’ve been leading I’ve found that many members of senior teams have been adversely affected. It’s happened slowly and unnoticeably to the point where burnout and languishing are ‘normal’ ways of being. Senior management teams have become quite dislocated and disconnected from each other, operating at a transactional level rather than in an effective engaged, committed way. Now, because of hybrid working and people retreating from offices again, there hasn’t really been the opportunity to recover and reset ways of working.

At a recent team retreat, I gave people the opportunity to say how they were really, rather than the conventional ‘fine’ – because retreats offer a combination of reflection and discussion both at a personal and at a business level. They valued being able to be honest which paved the way for further openness about issues that needed to be addressed for example how to increase productivity. Retreats are a great opportunity for the team to spot the gaps, see what’s not working and start to sort it out there and then, an opportunity to go below the surface and work out what the real issues are.

What has also emerged is the extent to which company cultures have been damaged. The opportunity to invest in a couple of days away to stand aside and reflect allows teams to identify aspects of the culture which have enabled them to perform at their best, that were there previously and may now have been lost.  Many people are realising that cultures will need to be rebuilt. Retreats offer a rare and valuable opportunity for senior management teams to reconnect in order to do this.

What teams find difficult but also very valuable is being able to slow down and reflect. Our retreats offer time and space in an environment which promotes relaxation, being able to connect with others. We heavily discourage any looking at emails or business phone calls and while it’s hard to switch off initially, gradually people are grateful for being able to go off-grid for a few hours. One of our recent retreat participants put it: https://youtu.be/NBYTP9XWnVY

What’s the state of your senior management team? Drifting into a Great Resignation?

Privacy Settings
We use cookies to enhance your experience while using our website. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. We also use content and scripts from third parties that may use tracking technologies. You can selectively provide your consent below to allow such third party embeds. For complete information about the cookies we use, data we collect and how we process them, please check our Privacy Policy
Youtube
Consent to display content from Youtube
Vimeo
Consent to display content from Vimeo
Google Maps
Consent to display content from Google
Spotify
Consent to display content from Spotify
Sound Cloud
Consent to display content from Sound
Cart Overview