Wellness programs have been shown to provide approximately a 300% return on investment (ROI). In other words, companies who spend $1 in a wellness program (e.g., exercise clubs, personal trainers, smoking cessation workshops) earn $3 as a result of decreased turnover, fewer sick days, reduced health insurance costs, etc. The ROI from professional coaching is more astonishing. According to a Manchester Consulting Group study of Fortune 100 executives, the Economic Times reports “coaching resulted in a ROI of almost six times the program cost as well as a 77% improvement in relationships, 67% improvement in teamwork, 61% improvement in job satisfaction and 48% improvement in quality.” [CBS News Moneywatch 2011]
In today’s modern “creative economy” the industrial management model, where humans tend to be viewed like material resources to command, control and expend, is rapidly giving way to a more evolved business approach where great leadership and a culture of learning and excellence is being created through the pursuit of higher levels of personal mastery and genuine self-actualization at work.
Just like every person has a philosophy, so does every business and organization. The philosophy that has dominated the business world since the industrial revolution was built on the notion that the purpose of a business is to maximize profits. But this belief system is a rapidly eroding the very profits it claims to be producing, and is thus losing its legitimacy as a viable and sustainable business philosophy and approach. Conscious Business philosophy has emerged as a new way of leading in business to combat this old-school ideology.
Today, mindfulness and meditation are commonly promoted and practiced by everyone from Rupert Murdoch to Arianna Huffington and Jerry Seinfeld. In addition, some of the world’s largest and most recognizable brands have implemented corporate mindfulness and meditation programs, including Google, Apple, Facebook, Twitter, eBay, Intel, Nike, LinkedIn and General Mills. But where to start learning about mindfulness? I’ve compiled a list of resources to help you out!
Arianna Huffington, founder of The Huffington Post, recently published an article about mindfulness and its connection to the corporate bottom line which generated a lot of buzz in the online community. As Integral Leadership Coaches and mindful leadership practitioners, we always appreciate when our craft and industry are discussed in mainstream media by influential public figures. In today’s business environment, where complexity, ambiguity and uncertainty rule the day, we see mindful leadership as an essential part of being more effective and satisfied in work and life. To have that philosophy endorsed by today’s business leaders is very gratifying and essential to our work.
In this very moment you are experiencing one of a number of different performance states (e.g. relaxed, energized, anxious, exhausted). We tend to think of (and experience) each state as a temporary event in time. Yet every state or experience is intrinsically linked to how you felt the moment before, how you slept last night, what you thought about this morning, what you “need“ to do tomorrow, etc. So while we can only experience this very moment, our experience is impacted by a stream of previous moments, like a flow or a domino effect. The more we realize this—the more we allow for this ‘flow’—the more we are able to perform optimally in each moment.