The Bridge Between Your Business and Success

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The Cost of Mental Health on Your Business

WHAT YOU WILL LEARN

Mental illness and substance abuse cost employers an estimated $225.8 billion each year. Businesses often prioritize physical healthcare over mental healthcare which is a shame because absenteeism or non-productivity due to mental health issues cost businesses dearly. In this episode, we will talk about the hidden cost of mental health and how it impacts our businesses. We will talk about programs that work and how employers can take care of their employees better so they can be more engaged with their work. We will discuss mental health with Nicole Winkler who works with workers regularly on improving their lives so they can focus on the job.

 

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Quick Tip for Managing Remote Teams: The Daily Huddle

Many of us have closed our offices and are managing our entire staff from our homes for the first time. One thing that has helped our remote teams stay focused on the day’s tasks is having a daily huddle. Huddles are 5-minute meetings every day at the same time. In the bullet points below I put a few of the topics, and examples we discuss on our daily huddles at our property management company. These kinds of short meetings can help keep everyone on the same page when we are not working at the same office.

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The Cost of Ideas

There is no such thing as a bad idea.

You've heard the adage "there's no such thing as a bad idea." Well, and we all know this, it just isn't true. If there really is no such thing as a 'bad idea' how would be express a sentiment that an idea just didn't work out, that it wasn't good, or that it ended up being ruinous? We say it pretty much to get people who would otherwise not feel comfortable going out on a limb to, well, walk out on that limb. We know there is something about the phrase that works logically, but what is it?

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