The Importance of Well-Being for Workplace Excellence and Business Success

Why It Matters:

Senior leaders need to balance empathy and economics to create thriving workplaces. Well-being is a fundamental driver of business success and is essential for teams and organizations to compete and win in the global economy.

The Details:

• Well-being is a critical cornerstone for success and has a positive impact on holistic health, innovation, and job performance.

• Employers must recognize their role in creating healthy workplaces and prioritize holistic health as part of their broader environmental, social, and governance framework.

• Well-being leads to stronger teams, increased collaboration, unleashed innovation, and revenue generation.

• Improving well-being is tied to employee resource groups, diversity, equity, and inclusion initiatives, and a deeper sense of belonging.

• The acquisition of The Diversity Movement by Workplace Options aims to make a transformative difference through innovation and a human-centric approach to holistic health.

Conclusion:

Senior leaders need to take active steps to create well-being initiatives and prioritize creating thriving workplaces. By doing so, organizations will benefit not only financially but also in terms of employee engagement and societal impact. Building a workplace powered by well-being is crucial for long-term success.

Note:

Donald Thompson, EY Entrepreneur Of The Year® 2023 Southeast Award winner, founded The Diversity Movement and advocates for well-being as a key aspect of workplace excellence.