This article has been researched and written by Scott Greaves and the team at Creation Business Consultants and has not used AI in generating this article.
In the fast-paced world of business, staying ahead of the curve is crucial for success. This year it has become evident that a paradigm shift is underway, one that places a premium on the mental health and well-being of employees.
STATISTICS ON MENTAL HEALTH
- The World Health Organization (WHO) approximates the annual global economic impact of poor mental health amounts to circa USD $1 trillion due to reduced productivity.
- In June 2022, a research study conducted by PwC Middle East reported that untreated mental health issues result in a loss of an estimated 37.5 million productive workdays annually, incurring a cost of USD $3.5 billion.
- According to a survey by McKinsey, 66 percent of respondents in the Gulf Cooperation Council (GCC) have encountered at least one mental health challenge at some point in their lives.
In this article, we explore the top emerging business trends in 2023 that are not only reshaping the corporate landscape but also fostering a healthier and more productive work environment.