Ep 67 - Is 2021 the year of burnout in business? - Under Pressure
Description
This week, James and Mark discuss a recent UK survey which revealed that 50% of workers, from management to shop floor level are secretly hoping for a ‘fire-break’ lockdown over Christmas, as they are facing burn out.
For many, 2021 feels like it’s been a longer, more stressful year than 2020, as there appears to be more work out there for businesses than expected. They are facing the perfect storm of high demand and a recruitment crisis, so it’s no wonder teams are feeling the pressure. It’s important for business leaders to understand that many people will be facing personal challenges alongside work pressure, and it’s key for continuing success that individual stress curves are not breached for too long. James and Mark come up with their top 3 tips that can help you to prioritise your team’s health without damaging profits.
Summary
Top tip 1: 03:30
Is the demand really there, or are your prices too low? Don’t cash in, but consider a review.
Top tip 2: 08:30
Pareto Principle 80:20 rule. Can you afford to cut your client base to protect your teams?
Top tip 3: 23:50
Be aware of your team members individual stress curves – have people been doing too much for too long?
Show notes
The Pareto 80:20 Principle- Overview, and Richard Koch’s Book - The 80/20 Principle, Expanded and Updated: The Secret to Achieving More with Less
Chris Mason interview: Business coach and founder of Mindshop– episode 20 of Impromptu Business Chat
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