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Organizational Health – The Key to Competitive Advantage in Business

Author: Social Media/Thursday, November 18, 2021/Categories: Blogs

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With the increased focus being placed on physical and mental wellbeing, the work-life balance, and preventing professional burnout, organizational health is no more just an added benefit, but a strategic priority.

Organizational health is a lot more than just culture and employee engagement. It has more to do with an organization’s ability to get around and align on a common vision and fulfil that vision effectively to stay ahead of the competition.

For example, in the context of a human body, if one is sick, one can keep on taking medicines to get better or one can create systems where the environment is clean, diet is healthy, and one is getting enough sleep and exercise to not to fall sick. For organizations, this translates into creating core values, formulating growth plans both, long and short term, and implementing periodic check-ins with all employees.

Historically, leaders relied on intuition to gauge how healthy or unhealthy their organization was. However, today organizational health index is a measure of organizational elements that help drive organizational performance. Research indicates that healthy companies are more than twice as likely to outperform their peers.

In order to succeed in today’s competitive landscape, organizations must plan for team success, formulate an action plan, and implement regular communication. At The Taplow Group we have extensive experience in designing, delivering, and benchmarking organizational health projects in addition to human capital services, to ensure that leaders fully realize their organization’s full potential. Get in touch with us today at www.TaplowGroup.com

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