Even before COVID-19, the cost of workplace stress was high: $500 billion to the US economy, 550 million workdays per year,1 60% to 80% of all workplace accidents, up to 90% of doctor visits,3 and worst of all, 120,000 annual deaths. To no surprise, the pandemic and its effects exacerbated job stress for many people. To name just a few, these include illness and lost loved ones, heightened racial, gender, and disability inequities, an overburdened healthcare system, a turbulent economy, supply-chain disruption, and shifting expectations around work. Overall, a striking 94% of workers reported experiencing increased stress in 2021.
RSG Admin Dec 6, 2022
Studies show organizations with strong leadership are 13 times more likely to outperform their competition, and three times more likely to retain their most talented employees. CEO personality alone can account for a 29% variance in profitability, which is nearly four times more than the corporation itself (8%) or its industry (6%). And research suggests that top management has a much greater impact on organisational performance than even the CEO.
RSG Admin Dec 6, 2022
Deloitte’s Global Human Capital Trends Report 2016, which reports the findings from a survey of more than 7,000 business leaders in 130 countries, showed that companies are placing a new emphasis on deconstructing their traditional hierarchical structures, “decentralizing authority, moving toward product- and customer-centric organizations, and forming dynamic networks of highly empowered teams that communicate and coordinate activities in unique and powerful ways.”
RSG Admin Dec 6, 2022