Leadership Style, Management Practices and Bottom Line Performance

The National Institute for Health and Clinical Excellence (“NICE”), which recently published some new guidelines on promoting mental wellbeing, estimates that stress, depression and anxiety is costing UK employers an estimated £23.3 billion per year.

By any stretch of the imagination, this is a huge figure and one which, when tackled, can add directly to the bottom line results of the organisation. Amongst its recommendations, NICE suggests:

  • A strategic and co-ordinated approach to promoting employees’ mental wellbeing.
  • Assessing opportunities for promoting employees’ mental well being and managing risks.
  • Looking at opportunities for flexible working.
  • Training and re-enforcing the role of line managers.
  • Supporting smaller businesses and medium sized businesses.

At a time when many organisations are facing real pressures financially, there could be a golden opportunity to improve people and financial performance.

For more information visit the NICE website

Duncan Brodie of Goals and Achievements helps accountants and health professionals to achieve success and realize their professional potential through being highly effective leaders and managers. For more information and to sign up for his free audio e-course click here

About the Author Duncan Brodie

Since 2006 I’ve worked with in excess of 7,000 accountants and professionals in workshops, seminars and one to one helping them land their next jobs and become better leaders, presenters and business partners. Before that I spent 25 years in accountancy climbing the career ladder from Payments Clerk to FD. I’m a CIMA Fellow, Certified Professional Coach and Team Coach Facilitator.

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9 comments
leadership says 19 July 2011

You’ve got great insights about leadership styles, keep up the good work!

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