What is the Business Impact of Resilience Training?

16/6/2022

Most people think that resilience is simply the capacity to endure tough times, however it’s much more complex and powerful than that. Traditionally, workplaces have attempted to address complex issues with isolated solutions, resulting in an ineffective, fragmented approach.

Springfox's approach is integral

An integral approach creates a powerful web of competencies that protect us from distress and lift productivity. Through resilience, you can connect multiple interventions around risk and performance to address a person’s whole being.

As an organisation, this integration is simply good practice. It is essential in a fast-paced environment where the cost of excessive compliance is high. An integral approach will reduce complexity, remove cost, reduce confusion and significantly increase the impact of your investment for all stakeholders.

Return on Resilience

Integral solutions amplify ROI while transforming culture, uplifting performance and implementing rhythms that support rest and recovery. We call this, 'performance with care'. To discover our latest research, we invite you to review the 2022 Global Resilience Report.

Mental Distress

For every $1 invested, there is a $4 return on investment. Resilience training has 13 times the effect of medication such as anti-depressants (WHO, 2016).

Our results: 30% reduction

Flow

People achieve five times more productivity when operating in a state of flow (McKinsey, 2013).

Our results: 33% improvement

Focus

A 20% increase in focus could increase productivity by 10% in the workplace (Davidson, Goleman, 2017).

Our results: 21% improvement

Well-being

The ROI of well-being practices in the workplace is $3 for every $1 spent (Forbes, 2018).

Our results: 47% improvement

Overload

Where overload reduces productivity in the workplace by 50% (Bank of England, 2017), resilience delivers a significant improvement, and shortens the time it takes to enter a state of flow (deep focus) after a break.

Our results: 26% reduction

Hostility

Where anger and failure of empathy sits behind most conflict and suffering in our world (J Attali, 2018).

Our results: 22% reduction

Anxiety

Anxiety affects 18% of adults (ADDA, 2017).

Our results: 32% reduction

Sleep

Poor sleep compromises productivity at the cost of $1,400 per person each year (Harvard, 2017).

Our results: 25% improvement

Emotional Intelligence

Adds $21,600 of value per executive. (IHHP, 2017).

Our results: 25% improvement

Fitness

The National Institute of Health projects that a fit workforce would save the economy US $51.5 billion and increase productivity gains by US $69 billion.

Our results: 28% improvement

Relaxation

The ROI of relaxation in the workplace is equivalent to one third of an executive salary.

Our results: 26% improvement

Workplace accidents

Cost $2.99 trillion (3.94% of GDP) and kills 2.4 million workers per year (Safety & Health, 2017).

Resilience interventions aim to increase safety by improving focus, alertness and attentiveness in the workplace.

Presenteeism

Presenteeism costs the US economy $225 billion, the UK economy £15.1 billion and the Australian economy $6.1 billion per year (PwC workplace report 2014, Inc 2016, Centre for Mental Health 2011).

Resilient workplaces experience lower levels of presenteeism on the whole as employees are more engaged, more motivated, and communicate openly.

Absenteeism

Absenteeism costs the US economy $1,600 per person, the UK economy £8.4 billion and Australian economy $4.7 billion per year respectively (PwC workplace report 2014, Inc. 2016, Centre for Mental Health 2011).

Resilient workplaces experience lower levels of absenteeism on the whole, therefore helping to reduce this cost.

Leaders who invest in their own resilience are more focused, efficient, productive and less likely to experience distress and worry. They are confident and skilful in adversity.

A leader who models resilience paves the way for others in the organisation to follow suit. Creating a resilient organisation of safe, resilient and productive people takes focus and commitment from leaders.

For more information about our impact, please visit our research reports.

Keep well.

Please note: This article is republished with the permission of Dr Sven Hansen from the Resilience Institute—our global research partner.

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