Patrick Lencioni is his latest book, The Advantage, provides his perspective on why “organizational health trumps everything else in business”. Separately we have also been hearing how the well-being of an organization’s employees is critical to its success. These are two separate yet overlapping considerations that really speak to the heart of how businesses will grow and flourish in the future. Let’s review these two types of health.
Lencioni mentions a 4 discipline approach which at its core is a cohesive leadership team along with absolute clarity. One could also expand on this is more practical terms from the point of view of financial, product and market strength. In truth, a healthy business might be best described as one that contains:
- Strong Leadership
- Strong Financials
- Strong Products
- Strong Markets
The piece that is missing above is Strong Employees. But what does this mean? One way to view it is through Employee Well-being, which considers the strength of employees, both personally and professionally. This holistic approach looks at their ability to create an overall successful life and where there are challenges, such as financial worries, illnesses, family issues, etc, these all affect an employee’s ability to be at their best. Organizations are not expected to fix these issues but rather acknowledge that they exist and then lend support where possible. As a consequence, Dan Henry of Horizon Workforce Solutions, through his research study, found that where organizations pursued this strategy of employee well-being, greater energy, enthusiasm, engagement and productivity were exhibited.
As organizations actively pursue opportunities to excel, recognizing the benefits of having both a healthy business and healthy employees will significantly contribute to its’ overall success and growth.