Optimize Your Human Capital while Reducing Health Costs, Turnover and Absenteeism!

Optimize Your Human Capital while

Reducing Health Costs, Turnover

Absenteeism and Disability!

(Top-Viewed at Forbes CEO Network)

-- Bin Yang, Founder/CEO

The tougher today’s economy is, the more we need productive human capital —we need new

ideas or innovations to thrill our customers and stay at the top. How much can one idea

make? It can be 59 billion dollars, per Forbes 400 in 2007. However, we have paid too much

with too little return.

U.S. health costs have soared from 7.2% of the gross domestic product in 1970 to 16% in

2005, and it is expected to be 20% of GDP by 2015, per the National Coalition on Health

Care. It has become a bigger and bigger burden to offer health benefits.

The next is turnover, a very expensive proposition. In a Watson Wyatt’s survey, 52% of

participated companies struggle to retain their top performing employees due to workplace

stress. Absenteeism is another big headache. To stay competitive, we do not have to spend

      more time or money, but spend differently.

       PRODUCTIVITY:

       Most of us did not know the internet, the computer or Forbes  in high school. What we want

today is different from what we did back then. How much we know and see in ourselves,

society and environment can determine how we act and what we can achieve.

We are all very sensitive to external restrictions, such as connections and capitals. Can our

own beliefs, standards, expectations and others withhold our vision and potential? I would

have lost my mother had I not questioned my own ICU physicians after a tragic auto-accident.

Human beings tend to believe in authority figures who may not always be right due to their

own limitations. Despite the poor prediction of rehab experts, my mother has regained her

independence, walking, shopping and laughing.

When we stop looking into each individual problem, our assumption can be another limit.

Not to mention low self-esteem, self-doubt, fear and anxiety. As these internal limits have

become part of us, we may not be aware of their existence without sharp insights of self,

society and environment. Subsequently, we won’t be able to focus precisely, utilize internal

and external resources fully, nor achieve enough.

However, to free our potential is just the first step. Life is full of unexpected stress and

health-related risks, which can disable our mind, slow our progress or even take away our

success. To cover all, the Executive Synergy Program takes 4 days.

HEALTH COSTS & DISABILITY:

Health is not complete without looking and feeling good. In addition, a WebMD study found

that one health risk reduction could improve that person’s presenteeism by 9% and reduce

absenteeism by 2%. Most wellness management is mainly weight loss, smoking

cessation, pre-natal care. This can neither bring our well being to our optimal level nor

protect our health well from bad habits, wrong beliefs, stress, infectious diseases and more.

There is no active consumer participation when people are ill, injured or in an emergency,

but merely following MDs. However, how we handle illnesses before and after seeing doctors

can mean life or death, recovery or disability, hundreds of thousands dollars differences. My

family’s story is a typical example.

The injury recovery can be highly stressful and depressingly slow, which can impede patients’

participation. In addition to MDs like my mother’s, some attorneys care more about financial

outcomes. My mother’s 5-week ICU and rehab cost about $300,000. What if she had not

recovered?

Many costly mistakes are avoidable when we are well, ill, injured or in emergencies. Both

Comprehensive Health Program and Recovery Program take only 1-2 days. We definitely

can control health costs far better through educated and motivated staff or consumers.

TURNOVER:

As said above, workplace stress is the No. 1 cause of turnover. Work/life balance has been

an important element when executives choose positions. While a great motivator, being

overly stressed can block our clear thinking and creativity, cause and worsen many

physical and psychological symptoms. That is why stress costs U.S. corporations $300

billion annually in medical costs, turnover and absenteeism, per American Institute of Stress.

A Harris survey shows that long hours or doing more with less causes the most stress, 48%.

We cannot stop technology's expanding availability. However, we can help managers

recognize stress faster with better solutions. We can help employees build personal

relaxation hierarchy, strengthen their problem solving, and have a better work-life balance.

Management can erase repetition, creat more effcient work assignment, or decide whether

“slowing down” or recruitment costs more.

Most stress management is mainly limited relaxation. No underlying problems solving.

Stress needs different management at different stages, including relaxation methods. We

can learn to utilize stress, prevent stress, and walk from stress to success. Sharpened

insights of self, society and environment will further enhance our problem solving. The

standard Stress to Success Program only takes 2 days. With other business administration,

turnover can be further reduced.

ABSENTEEISM:

Indicated by a Harris' study, actual illness only accounts for 35% unexpected Absenteeism.

The remaining 65% includes Family Issues (21%), Personal Needs (18%), Entitlement

Mentality (14%) and Stress (12%).

If employees can take charge of their health and stress, and solve their personal problems

more efficiently, we can reduce both the 35% ill time and the 65% non-ill time. Furthermore,

Paid Time-Off (PTO) banks, confirmed by Harris, have given staff more flexibility and helped

you control unplanned absenteeism effectively.

THRILL MORE CUSTOMERS & MACRO MANAGEMENT:

In addition to personal benefits, employees can also incorporate the new problem solving

into their business activities—understand your customers better, work with colleagues more

efficiently and offer user-friendlier products or services. That thrill more customers!

Although your employees can use most of the new problem solving at work and in life,

macro management is still essential. When dealing with old ideas and new ones, Warren

Buffett once said, “The difficulty lies not in the new ideas but in escaping from the old ones.”

I felt so resonant with him that I wrote him a letter. Mr. Buffett replied, “Constant attempt to

be rational.”

There are many ways to make the new ideas stick. In general, we will need an environment

where you will be THE MODEL; send out periodical reminders; create spiritual and financial

incentives, follow up the outcomes regularly and more. Some quick and highly effective

ways take more training and practices.

SUMMARY:

We can learn to sharpen our insights, utilize full internal and external resources, avoid

costly health mistakes, utilize and prevent stress. Although each training program only

takes 1-4 days, the macro management need to be continuous. People can not only be

motivated by financial incentive, but also personal and group benefit as well as shared

responsibility with their institutions.

With efficient micro and macro management in productivity, stress and health, we will be

able to optimize our human capital and stay ahead while reducing costs in health care,

turnover and Absenteeism.

For more information about the training programs and management, please visit "About Us"

and "Training and Management

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