Business strategy should include mental wellness

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Creating psychologically safe workplaces needs to be a part of any business strategy.

This is according to Professor Renata Schoeman [https://renataschoeman.co.za/], the head of the MBA in Healthcare Leadership programme at the Stellenbosch University Business School.

She tells the OFM Business Hour that mental wellness in the workplace has become even more important in the wake of the Covid-19 pandemic.

Also Read: 'More clients going digital’ – marketing guru | OFM

Schoeman, who is also a psychiatrist by profession, says the return of investment for each rand a business spends on mental health is easily R3 to R8. This is due to turnover being linked employee satisfaction.

Covid-19 has also highlighted how backward measuring productivity according to “hours spent in seat” as opposed to actual output is.

She adds creating flexibility will attract younger employees, because “this is what they want”.

Listen to the conversation below.
6 Apr 2022 9AM English South Africa Business · Daily News

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