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Recess Newsletter October 2008
Get Well Soon, CEO!  When Poor Health Nabs Your Top Brass.
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The Bailout Is For Wimps
The Executive: Full Service Wellness Package
When The CEO Is Sick
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In The News
News Flash:  The Financial Bailout Is For Wimps

Worried about the bailout? You ain't seen nothin', yet!
Bailout
At $700 billion the current financial bailout is roughly equivalent to 5% of the US GDP. That's chump change compared to the more than 16% of GDP (yes, that's over $2.2 trillion) the US spent on health care in 2007. Pop quiz: What's 34% of 2.2 trillion? Trick answer: The portion of the health care bill that is paid by business. The costs of poor health are outpacing wages, inflation and GDP. By a lot. According to the Kaiser Family Foundation Health care spending has risen about 2.4 percentage points faster than GDP since 1970. 

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The Executive: Full Service Wellness Package
Change culture.  Change health.  Change lives.

Recess' full service program gives you everything you would expect from a science-based corporate wellness program, but with that added extra mile we go to drive participation and make it fun and easy for employees, including:

Bullivant case study

  • Custom corporate wellness program development and strategy.
  • Employee population health risk analysis.
  • Health Risk Assessment roll-out and interpretation.
  • Management education, coaching and training.
  • Start tracking return on investment (ROI) data from day one.  Metrics document defined and created up front.
  • Corporate wellness team start-up, coaching and development.
  • We help you set-up and track your custom wellness program using deep integration.  We coordinate with: EAP, disease management programs, health care providers, benefits broker, recruitment and human resources.
  • Design and rollout of custom health intervention campaigns.
  • Monthly or quarterly management updates and data review.
  • An expert Recess consultant at the table during health plan renewal.
  • "Recess Approved Fun Workplace" seal on your recruitment site.
Request a quote today »
 
When The CEO Is Sick

Good Health Has To Start At The Top

Finding an executive manager is never easy.  And once you do find a fearless leader, myriad cultural, economic and - yes - even personal health issues can threaten to throw the whole situation off the rails. 

"The impact of replacing senior managers, especially due to sudden health issues, is even more acute than normal turnover. A study by Deloitte shows that 47% of companies cite their biggest people-related challenge as leadership development and succession planning," says Candie Fisher,Director of Client Development for Generator Group, a talent management firm based in Portland, OR

Last year,CFOs at nCipher and Servocell resigned due to ill health. In 2004 McDonald's CEO, Jim Cantalupo died at age 60 of a heart attack.  Charles Bell, who replaced Cantalupo, was diagnosed with colorectal cancer only a month after being named chief executive.

Despite their strategic importance to an organization, executive leaders are in many other ways just like everyone else.  They have bad hair days (case in point, get a load of Bill Gates and the Microsoft crew in this photo)! 
Microsoft 1978

They get sick - often due to preventable causes - just like the rest of us. 

Sharon McDowell is an exercise physiologist for the Center for Creative Leadership's Leadership At The Peak Program. The program has looked at the overall health of senior executives and leaders with more than 15 years of management experience, in the top three tiers of the organization, with leadership responsibility for 500 or more people and/or executive staff functions.  McDowell says that of the nearly 3,000 program participants screened 58% had high cholesterol; 60% are overweight or obese; and about 50% don't exercise regularly.

CigaretteExecutive managers lead high stress lifestyles and often lack the time for structured exercise.  The World Heart Federation  and the US Federal Centers for Disease Control say failure to exercise is as bad as smoking a pack of cigarettes every day.

Unexpected leadership transitions are costly, says Fisher, "At the top levels, many companies do not have a strong program in place to fill senior leadership positions from within. As a result, fully-loaded recruiting costs of 1.5 times the annual salary are commonplace."

Fisher recommends companies implement a two-pronged strategy of keeping their senior managers focused on both wellness and succession planning.   "Executive level jobs can be stressful, reducing executives health risk through wellness programs can increase leadership productivity thus improving their ability to mentor, groom, and retain high potential talent,"  she states.

Increasing executives' personal well-being might also improve their effectiveness.  McDowell's research has shown that executives that exercise are more likely to be perceived as more energetic and effective than their non-exercising peers in 360 degree management surveys.

All Recess Corporate Programs Include Management Coaching »
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