It’s no secret that a company’s actions are reflected in their results. In the business world it is common for companies to look to each other to see what the best practices are. As you look at a company in your industry it is easy to see the actions are that got them to this point. You can even look at companies in other industries to find best practices.
Wellness is an area that crosses all industries. You can look at companies in every type of business and find wellness at their core. The business products or services may be very different from one company to another. The structure may even be quite different, but there are still similarities.
The first similarity from one business to another is…
The Most Valuable Asset
From customer service to the executive suite, there are people making a businesses go. Many business have other assets like equipment and technology that customers use or even identify the company with. Equipment helps a company get things done. Technology helps them differentiate themselves from other companies. Both very important, but the most valuable asset in any company is the workforce.
Employees are what make the technology and what make the equipment run properly. You need people to invent the tool. You need people to operate the tool. You need people to do nearly everything within a business. In business, if the people disappeared, so would the business.
Goals and Execution
No matter what industry a business is in, without goals there is no way for them to gage progress. The goals are not going to mean anything if the business doesn’t execute them. A goal without a plan is just a wish. That holds true in every business no matter what industry it is in.
Goals are the roadmap to success in business. If you look at a company and from the top down, you will see a series of goals. These goals have been carefully placed and resources have been distributed based on them to ensure the company’s future success.
Best Practices = Best Results
The biggest similarity that you find in companies is the fact that these areas actually work together. That is, in successful companies, these areas work together. In fact, the more successful the business is the better the connection between their assets and their goals.
The assets in a company are often different, but as we discussed above, employees are the most important of all the assets. Businesses need people to succeed. Successful businesses not only know that they need their people, they actually set goals and execute based on that fact.
There is a list of companies that have been voted the best places to work. Over the past decade the businesses that make this list are seeing double profits compared to companies not making the list.
Why do companies that are great to work for see better results? It’s not just about good job. It is more about the goals set at the top and passed down through the entire company. The accountability to reach these goals is the real key. Setting and reaching goals is the definition of success.
Depending on the industry, there are many steps that go into reaching a goal, but the successful companies are setting and reaching goals. How are they doing this? Their people are learning the skills and buying in. The goals of the employee are the goals of the company and vice versa.
Wellness is what helps many companies bring this all together. Goals are the key to success in all areas of business. One area of business that the best and brightest companies are focusing on is the workforce. More specifically, the performance of the workforce is the focus.
There are many keys to performance and health is a big part of it all. A healthy employee costs less in healthcare expenses. A healthy employee is more productive. The list goes on and on, but bottom line is that businesses that understand this and execute a plan to capitalize on it are more successful than businesses that do not.
There are many ways for businesses to keep the workforce healthy. There are also many ways for businesses to reach new heights in their industry. The best practices in each industry are what bring the best results. We’ve seen companies use them and the results have followed. The same goes for wellness. As employee health strategies continue to progress, so do the businesses that implement them. Best practices equal best results.
Thursday, November 18, 2010
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