The modern landscape of business is evolving at a rapid pace, and with it, the mindset of employees is also changing. Businesses that understand and embrace these changes can thrive, while those that rely on outdated practices are bound to struggle. This means that business owners need to be aware of the challenges that their managers and employees may face in this new environment, and take steps to address them.
One of the main challenges facing managers is burnout. In today's digital world, businesses are changing faster than ever before, and managers can easily become overworked and stressed. This can lead to poor employee experiences and low engagement levels. In fact, recent data highlights that employee and manager burnout levels were at a record-breaking high of 44% last year, which can significantly impact business performance. Another challenge is employee engagement. Today's employees are increasingly focused on meaningful work, and want to feel valued and connected to the purpose behind their work. Unfortunately, UK employee engagement levels are assessed to be at a mere 9%, one of the lowest in the world. This is because the systems that businesses were built upon during the Industrial Revolution were not designed to connect people to the purpose behind their work, but rather to keep them productive on the production lines.
Lastly, modern life is becoming more and more unhealthy, leading to poor levels of physical and mental well-being. While everyone is struggling with this issue, businesses are suffering the most due to the financial implications of not being able to retain teams or having employees sick. However, all of these issues can be addressed, and Better Happy believes that businesses are well-equipped to be the solution to these problems. By understanding and addressing these challenges, businesses can have highly engaged managers and employees, who are safe from burnout, and who associate the business with improving health. This not only leads to high levels of productivity and retention but also positions the business as an employer of choice.
Better Happy's five-part video series on the helps methodology covers health, engagement, leadership, performance, and strategy. With simple strategies and implementations, businesses can thrive in this modern environment without having to spend a fortune or invest in complicated, boring software. In conclusion, businesses need to be aware of the changes happening in the landscape of business and take proactive steps to address the challenges their managers and employees face. By embracing these changes, businesses can thrive in this new environment and stand out as an employer of choice.
Mike Jones Better Happy Founder
Mike founded Better Happy in 2018.
He now works with a variety of businesses ranging from small accountancies up to large organisations such as Travelodge on improving employee happiness. Mike's vision and the vision of Better Happy is 'Every employee happy, every business thriving'