Building a Company Culture that Nurtures and Retains Talent: How to Become an Employer of Choice

Building a Company Culture that Nurtures and Retains Talent: How to Become an Employer of Choice

Building a Company Culture that Nurtures and Retains Talent: How to Become an Employer of Choice

Discover the secrets to hiring well and cultivating a thriving company culture that attracts, nurtures, and retains top talent. Become an employer of choice!

become and employer of choice

Grant Ian Gamble is a best-selling mindful leadership author and speaker. He has over 30 years of experience in leading teams to create innovative customer experiences, building engaged workforces, and developing leaders who prioritize mindfulness in their approach.

Employers of choice experience a 50% lower turnover rate and a 28% increase in job applications compared to other companies.

LinkedIn

At no other point in recent history has attracting and retaining talent been as crucial to a company’s success. Labor shortages, aging populations, reduced immigration, and a long-term decline in labor force participation are creating immense pressure on employers to become an employer of choice. In this article, I’ll explore the key steps to hiring well and building a company culture that nurtures, grows, and retains top talent, ensuring you stand out as an employer of choice in your industry.

7 Keys to Becoming an Employer of Choice

1. Define Your Company Values

Potential team members want to know your company values, to see if their values are aligned. Creating a strong foundation for your company culture begins with clearly defined company values. These values will act as a guide for both your hiring process and your overall workplace environment. By communicating these values from the outset, you’ll attract candidates who align with your vision and culture, setting the stage for a harmonious and productive workplace. 

2. Develop a Robust Hiring Process

To become an employer of choice, you need to refine your hiring process to ensure you’re selecting the right people for your organization. This means creating clear job descriptions which  incorporate your company values; getting trusted referrals and references wherever possible; using objective assessment tools incorporating behavioral and values-based interviews; utilizing potential peers, subordinates and team members to gain additional data points on the candidate; hiring for the attributes you can’t teach (Attitude, Character, Personality and Emotional Intelligence); and, avoiding “desperate hires” and taking a long term approach to hiring. By doing so, you’ll not only select individuals with the necessary skills, but also those who will contribute positively to your company culture.

3. Prioritize Onboarding and Training

The onboarding process is critical to early team member satisfaction and long-term team member retention. As an employer of choice, it’s essential to invest in a comprehensive onboarding program that helps new hires feel welcomed, informed, and supported. All too often new team members are dropped into their role with minimal orientation and this ultimately makes their acclimation to their new environment tenuous from the start. Additionally, offering ongoing training and development opportunities demonstrates your commitment to helping team members grow and succeed within your organization. Candidates who want to be the best that they can be will be attracted to a company that offers ongoing growth opportunities.

4. Foster an Inclusive and Diverse Work Environment

A diverse and inclusive work environment has been proven to drive innovation and improve overall performance. To become an employer of choice, make a conscious effort to promote diversity and inclusion in your hiring practices and workplace culture. This can include offering diversity training, providing mentorship programs, and implementing flexible work policies to accommodate team members’ who have unique needs.

5. Encourage Open Communication and Feedback

Open communication and feedback are essential to a thriving company culture. As an employer of choice, it’s important to create an environment where team members feel comfortable sharing their thoughts and ideas. Encourage regular feedback through various channels, such as one-on-one meetings, team discussions, and anonymous surveys  such as AFFINITY OS. By actively listening and responding to team member concerns, you’ll build trust and foster a more engaged workforce. AFFINITY OS provides an AI-driven communications platform that gathers and extrapolates anonymous feedback from your team, providing you with actionable opportunities to build stronger team dynamics.

6. Recognize and Reward Team Member Achievements

Recognizing and rewarding team member achievements is a powerful way to boost morale and increase team member satisfaction. As an employer of choice, ensure you have a system in place to regularly acknowledge and celebrate your team’s accomplishments. This can take many forms, from formal recognition programs to spontaneous acts of appreciation, such as a simple “thank you” or note of praise. In the same vein, if you want to be an innovator in your industry you need to take chances. If someone executes well, but for reasons out of their control it doesn’t work out, consider some positive reinforcement to reward an “Excellent Failure”.

7. Promote Work-Life Balance

A healthy work-life balance is essential to team member well-being and job satisfaction. As an employer of choice, it’s important to prioritize and support a balanced lifestyle for your team members. This can include offering flexible work arrangements, hybrid working environments, promoting healthy habits, and encouraging team members to take breaks and vacation time. Many companies and even countries are moving to a four day work week, and contrary to traditional thinking the reduced work volume has been rewarded by increased productivity that far outstrips any loss of actual time “on the job”.

Companies that prioritize team member experience report 4.2x higher revenue per team member and are 24% more likely to have a strong employer brand.

Harvard Business Review

Becoming an employer of choice requires a commitment to nurturing, growing, and retaining top talent. By focusing on defining your company values, refining your hiring process, and cultivating a contemporary, supportive and inclusive company culture, you’ll attract and retain the best team members, ensuring your organization’s long-term success. Start implementing these strategies today and watch your company transform into an employer of choice. The rewards are immense, and ongoing.

Employers of choice have 3.5x more revenue growth than companies with a weaker employer brand.

Great Place to Work

AFFINITY Podcast Ep. 2 | The Team Member (aka “Employee”) Engagement Revolution: Unlocking the Secrets to Team Success, Brand Loyalty and Profitability

AFFINITY Podcast

Affinity Podcast Feature Image

Put PEOPLE FIRST, ALWAYS and watch your business flourish.

Dive deep into the latest trends in customer experience and team engagement, mindful leadership and management. Discover practical tools and strategies that you can use to build a people-centric culture, the foundation for sustainable long-term business growth and success.

Led by mindful leadership expert, Grant Ian Gamble, a best-selling author and true visionary with over 30 years of experience in leading teams to create innovative customer experiences, building engaged, inspired and fulfilled workforces, and developing leaders who prioritize genuine connection in their approach.

The guiding principle behind all of Grant’s work is PEOPLE FIRST, ALWAYS.

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Building a Thriving Fitness and Wellness Community: Lessons from “The Affinity Principle”

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As a co-founder of AFFINITY OS™ and an advocate for mindfulness in leadership, I’ve witnessed firsthand how the core principles of mindfulness can profoundly transform fitness and wellness businesses. In today’s fast-paced and competitive environment, the success of a fitness and wellness business hinges not just on cutting-edge equipment or trendy classes, but significantly on the quality of leadership and the culture it fosters. This article explores how being a mindful leader can be a game changer in this dynamic industry.

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CUSTOMER EXPERIENCE & TEAM ENGAGEMENT: AFFINITY OS™ | WELLNESS INTEGRATION | MINDFUL LEADERSHIP: "THE AFFINITY PRINCIPLE"

0475 866 592

Grant Ian Gamble Business Consulting | Author | Speaker | Business Consultant | Coach |The Affinity Principle | Best Seller Logo

The Affinity Principle™ by Grant Gamble presents a formula for business success through a people-centric, mindful leadership approach.

PEOPLE FIRST, ALWAYS.

Team Member (aka Employee) Engagement

Team Member (aka Employee) Engagement

Unlocking the Power of People-Centric Culture: How Mindful Leadership Boosts Team Member (aka Employee) Engagement for Business Success

employee engagement<br />

Grant Ian Gamble is a best-selling mindful leadership author and speaker. He has over 30 years of experience in leading teams to create innovative customer experiences, building engaged workforces, and developing leaders who prioritize mindfulness in their approach.

Why do I call people “team members” instead of “employees” or “staff,” and why is it important?

Team member engagement is crucial to the success of any business. It not only boosts productivity but also enhances satisfaction and reduces turnover. With the increasing importance of team member engagement in today’s workplace, it’s essential to focus on creating a people-centric company culture through mindful leadership and always putting people first.

What is team member (aka employee) engagement, and why is it important?

Team member (aka employee) engagement is the level of commitment and dedication a team member has towards their work and their organization. Engaged team members are motivated, passionate, and dedicated to their work, which ultimately leads to increased productivity, higher job satisfaction, and reduced turnover rates.

On the other hand, disengaged team members lack motivation, don’t take pride in their work, and are more likely to quit their jobs. This can be incredibly costly for businesses, as hiring and training new team members is an expensive process.

Creating a people-centric company culture

Creating a people-centric company culture means placing your team members at the heart of everything you do. This involves creating an environment that fosters team members’ growth, development, and well-being, which ultimately leads to increased engagement and retention.

Here are some tips on how to create a people-centric company culture:

  1. Practice mindful leadership

Mindful leadership involves being fully present and attentive to your team members’ needs, feelings, and concerns. This means taking the time to listen, provide feedback, and show empathy towards them. By doing so, you’ll create a more open and trusting work environment where team members feel valued and respected.

  1. Communicate regularly

Regular communication is essential in creating a people-centric company culture. It’s important to keep your teams informed about company goals, objectives, and changes. This not only helps team members feel more connected to the organization but also helps them understand how their work contributes to the overall success of the company.

  1. Provide opportunities for growth and development

Team members want to feel like they’re growing and developing in their roles. Providing opportunities for training, development, and advancement is crucial to team member engagement. This not only helps team members improve their skills and knowledge but also shows them that the company values their growth and development.

  1. Create a positive work environment

Creating a positive work environment means fostering a culture of trust, respect, and collaboration. This involves recognizing team members for their achievements, providing positive feedback, and encouraging teamwork. By doing so, you’ll create a more supportive work environment where people feel valued and supported.

  1. Recognize and reward good work

Recognition and rewards are essential to team member engagement. It’s important to recognize people for their achievements, whether it’s through verbal praise, bonuses, or other incentives. By doing so, you’ll motivate them to perform at their best and create a more positive work environment.

In conclusion, team member engagement plays a crucial role in the success of any business. By creating a people-centric company culture through mindful leadership and always putting people first, you’ll foster an environment of trust, respect, and collaboration that leads to increased engagement, productivity, and retention. So, take the time to invest in your people, and you’ll reap the benefits in the long run.

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9 Trends Shaping the Workplace in 2023: How Leaders Can Become Employers of Choice in a Competitive Talent Landscape

9 Trends Shaping the Workplace in 2023: How Leaders Can Become Employers of Choice in a Competitive Talent Landscape

9 Trends Shaping the Workplace in 2023: How Leaders Are Making Their Companies Employers of Choice in a Competitive Talent Landscape

workplace trends 2023

Grant Ian Gamble is a best-selling mindful leadership author and speaker. He has over 30 years of experience in leading teams to create innovative customer experiences, building engaged workforces, and developing leaders who prioritize mindfulness in their approach.

(Please note: As a mindful leadership practice, I use the term “team member” in lieu of “employee.”)

The workplace landscape has shifted dramatically over the past two years. The COVID-19 pandemic has forced businesses to adapt to remote work and hybrid models, and team members have been feeling the effects of burnout more than ever before. In 2022, business leaders were faced with unprecedented challenges, and 2023 is no different. However, how leaders respond to these challenges could determine whether thir companies become employers of choice.

Based on Gartner research, here are nine workplace trends that highlight the aspects of work that leaders must prioritize:

1. Employers are “quiet hiring” in-demand talent

In 2023, organizations are embracing “quiet hiring” as a way to acquire new skills and capabilities without adding new full-time team members. This involves encouraging internal talent mobility, providing specific upskilling opportunities, and leveraging alternate methods to bring in team members with specific skills for high-priority tasks.

2. Hybrid flexibility is reaching the front lines. 

Frontline workers, such as those in manufacturing and healthcare, need equitable flexibility to adapt to a more permanent era of hybrid work. Organizations are investing in improving their team member experience, including offering control over work schedules and paid leave.

3. Managers are finding themselves sandwiched between leader and team member expectations. 

People managers are struggling to balance their team member expectations with performance pressure from senior leaders. Leading organizations are providing fresh support and training to mitigate the widening managerial skills gap and redesigning their roles where necessary.

4. Pursuit of nontraditional candidates is expanding talent pipelines. 

To fill critical roles, organizations are becoming more comfortable assessing candidates solely on the skills needed to perform in the role. This involves removing formal education and experience requirements from job postings and reaching out directly to internal or external candidates from nontraditional backgrounds.

5. Healing pandemic trauma is opening a path to sustainable performance. 

As the immediate COVID-19 threat has receded, team members are contending with long-term physical and emotional impacts. Leading organizations are supporting their team members by providing proactive rest, discussion opportunities to work through challenges, and trauma counselors to train and coach managers on workplace conflict.

6. Organizations are driving Diversity, Equity, and Inclusion (DEI) forward amid growing pushback.

HR departments are equipping managers with tools and strategies to engage resistant team members and addressing pushback early before it evolves into more disruptive forms of DEI resistance. This includes creating group-specific safe spaces and upskilling team members with definitive “how-to” guidance that enables allyship.

7. Getting personal with team member support is creating new data risks. 

While using emerging technologies to collect data about team members can enable employers to respond more effectively to team members’ needs, they also have the potential to create a privacy crisis. Leading organizations are creating a team member data bill of rights to support team members’ need for healthy boundaries and are prioritizing transparency around how the organization collects, uses, and stores team member data.

8. Concerns around AI bias are leading to more transparency in recruiting tech. 

Organizations that use AI and machine learning in their hiring processes are facing pressure to get ahead of new regulations. This includes being more transparent about how they are using AI, publicizing their audit data, and giving team members and candidates the choice to opt-out from AI-led processes.

9. Organizations are addressing workforce-wide erosion of social skills. 

To successfully create intentional interactions among team members, leaders are focusing on team member choice and autonomy, a clear structure and purpose, and a sense of levity and fun. Companies are positioning themselves for future success by designing robust future-of-work strategies that get ahead of these trends and address emerging challenges proactively.

The workplace landscape is constantly evolving, and leaders must adapt mindfully to keep up. The organizations that are succeeding in 2023 are those that are prioritizing acquiring and retaining critical talent, supporting all team members holistically, and confronting how they ethically collect and use team member data. 

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In today’s fast-evolving digital landscape, fitness businesses face unique challenges and opportunities. Sustainable growth, a concept at the heart of every successful enterprise, requires more than just a good business plan; it demands a strategy that evolves with time and technology. Here, I explore effective strategies for fitness businesses looking to achieve sustainable growth in the digital age.

read more
Building a Thriving Fitness and Wellness Community: Lessons from “The Affinity Principle”

Building a Thriving Fitness and Wellness Community: Lessons from “The Affinity Principle”

In the heart of every successful fitness and wellness business lies a thriving community, one that is engaged, supportive, and cohesive. This concept, central to my book “The Affinity Principle”, emphasizes the importance of nurturing a community where everyone – from team members to clients – feels valued and connected. Let’s explore how the principles of mindful leadership can transform any fitness and wellness environment into a flourishing community.

read more
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As a co-founder of AFFINITY OS™ and an advocate for mindfulness in leadership, I’ve witnessed firsthand how the core principles of mindfulness can profoundly transform fitness and wellness businesses. In today’s fast-paced and competitive environment, the success of a fitness and wellness business hinges not just on cutting-edge equipment or trendy classes, but significantly on the quality of leadership and the culture it fosters. This article explores how being a mindful leader can be a game changer in this dynamic industry.

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0475 866 592

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The Affinity Principle™ by Grant Gamble presents a formula for business success through a people-centric, mindful leadership approach.

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Overcoming Burnout and Building Resilience: Strategies to Help Prevent Burnout and Help You and Your Team Thrive in a Fast-Paced World 

Overcoming Burnout and Building Resilience: Strategies to Help Prevent Burnout and Help You and Your Team Thrive in a Fast-Paced World 

Overcoming Burnout and Building Resilience: Strategies to Help Prevent Burnout and Help You and Your Team Thrive in a Fast-Paced World 

overcoming burnout image

Grant Ian Gamble is a best-selling mindful leadership author and speaker. He has over 30 years of experience in leading teams to create innovative customer experiences, building engaged workforces, and developing leaders who prioritize mindfulness in their approach.

Here are some of the strategies and tools that I’ve used to help prevent burnout in myself and my team, and how you can apply them to your own leadership style.

Burnout is All Pervasive

Burnout affects an ever increasing number of us as we face the escalating pressure created by today’s fast-paced world. It is a state of chronic stress that occurs when we experience prolonged periods of intense workload, or pressure. Exhaustion, cynicism, and detachment from our work and personal lives creeps in and our productivity declines exponentially.

According to productivity expert Chris Bailey, burnout can be described as a “diminishing returns problem,” where we become less productive and efficient as we work longer and harder.

Recognizing Burnout

One of the first steps to overcoming burnout is recognizing it in ourselves. Common symptoms of burnout include feeling exhausted, overwhelmed, and emotionally drained. We may also experience physical symptoms such as headaches, muscle tension, and digestive problems. Additionally, burnout can lead to feelings of cynicism, detachment, and a lack of motivation.

Dangers of Repetitive Burnout

When we repeatedly experience burnout, it can have serious consequences on our physical and mental health. Chronic stress can lead to a weakened immune system, cardiovascular disease, and depression. Moreover, burnout can negatively impact our relationships with others and our ability to perform well at work or school.

How can leaders and managers build resilience and help prevent their teams from burnout?

 

Leaders and managers play a critical role in preventing burnout in their teams. Here are some strategies that I have used to help my team members build resilience, manage stress, and avoid burnout:

  1. Create a positive work environment: When you create a work environment that is supportive, inclusive, and positive, team members find it much easier to navigate stressful times. This can involve recognizing and celebrating team members’ accomplishments, providing opportunities for professional development, and fostering open communication. Taking time to recognize team members doing good things will bubble the “good stuff” to the top and encourage team members to build on those positive foundations.
  2. Encourage work-life balance: Leaders and managers should encourage their team members to prioritize their personal lives and take time off when necessary. This can involve offering flexible work arrangements such as remote work or flexible schedules. Often I find myself working long hours and not demonstrating the work-life balance I want to encourage among my team members. Recognizing when I’m “overdoing it” and when team members are also not getting the rest and recuperation needed is critical to reduce burnout. 
  3. Set realistic expectations: Leaders and managers should set realistic expectations for their team members and ensure that workloads are manageable. They should also provide the necessary resources and support to help their team members succeed. Seeking to understand the loads and pressures on your team members helps understand what they have the capacity to manage and allows you to adjust your expectations accordingly.
  4. Foster a culture of collaboration: Leaders and managers should encourage collaboration among team members and provide opportunities for teamwork. This can help to reduce feelings of isolation and promote a sense of belonging. Often team members will step up to support a team member who is struggling. Regular catchups within teams can help team members understand the pressure each other is facing. “Stand Ups” are a great tool to improve this appreciation of each other’s workload.
  5. Provide support for mental health: Leaders and managers should provide support for team members who may be struggling with mental health issues. This can involve providing access to mental health resources and promoting a culture of openness and support. The stigmas around mental health are slowly dissipating and we’re recognizing as a community that mental health is a very real issue for many of our friends and workmates. Being aware of your team member’s mental state will allow you to support them when warning signs arise.

By implementing these strategies, leaders and managers can help their teams to build resilience, manage stress, and avoid burnout. This can lead to improved productivity, job satisfaction, and overall well-being.

Strategies to Build Resilience and Overcome Chronic Stress

There are many strategies that we can use to build resilience, overcome burnout, and manage chronic stress. One of the most effective methods is to practice self-care. This can include getting enough sleep, eating a healthy diet, and exercising regularly. Additionally, it is important to set boundaries and prioritize our time effectively to avoid becoming overwhelmed.

Another strategy is to engage in mindfulness practices such as meditation, breathwork, or yoga. These techniques can help us become more aware of our thoughts and feelings, and to manage them in a healthy way. Moreover, taking breaks throughout the day, going for a walk, getting a change of scenery, can help us recharge our batteries and avoid burnout.

In conclusion, burnout is a pervasive issue that affects many people in today’s fast-paced world. Recognizing the signs of burnout is an important step in overcoming chronic stress in yourself and others. Equally, building resilience by practicing self-care, setting boundaries, and engaging in mindfulness practices is a crucial prophylactic for burnout. By implementing these strategies, we can overcome burnout and achieve greater productivity, happiness, and overall well-being for ourselves and our teams.

What small change can you implement today to help prevent yourself or your team from experiencing burnout?

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Sustainable Growth Strategies for Fitness Businesses in the Digital Age

Sustainable Growth Strategies for Fitness Businesses in the Digital Age

In today’s fast-evolving digital landscape, fitness businesses face unique challenges and opportunities. Sustainable growth, a concept at the heart of every successful enterprise, requires more than just a good business plan; it demands a strategy that evolves with time and technology. Here, I explore effective strategies for fitness businesses looking to achieve sustainable growth in the digital age.

read more
Building a Thriving Fitness and Wellness Community: Lessons from “The Affinity Principle”

Building a Thriving Fitness and Wellness Community: Lessons from “The Affinity Principle”

In the heart of every successful fitness and wellness business lies a thriving community, one that is engaged, supportive, and cohesive. This concept, central to my book “The Affinity Principle”, emphasizes the importance of nurturing a community where everyone – from team members to clients – feels valued and connected. Let’s explore how the principles of mindful leadership can transform any fitness and wellness environment into a flourishing community.

read more
The Mindful Leader: Transforming Fitness and Wellness Businesses from the Inside Out

The Mindful Leader: Transforming Fitness and Wellness Businesses from the Inside Out

As a co-founder of AFFINITY OS™ and an advocate for mindfulness in leadership, I’ve witnessed firsthand how the core principles of mindfulness can profoundly transform fitness and wellness businesses. In today’s fast-paced and competitive environment, the success of a fitness and wellness business hinges not just on cutting-edge equipment or trendy classes, but significantly on the quality of leadership and the culture it fosters. This article explores how being a mindful leader can be a game changer in this dynamic industry.

read more

Let's Connect!

CUSTOMER EXPERIENCE & TEAM ENGAGEMENT: AFFINITY OS™ | WELLNESS INTEGRATION | MINDFUL LEADERSHIP: "THE AFFINITY PRINCIPLE"

0475 866 592

Grant Ian Gamble Business Consulting | Author | Speaker | Business Consultant | Coach |The Affinity Principle | Best Seller Logo

The Affinity Principle™ by Grant Gamble presents a formula for business success through a people-centric, mindful leadership approach.

PEOPLE FIRST, ALWAYS.
The Office is Where Your Laptop Is

The Office is Where Your Laptop Is

The Office Is Where Your Laptop Is.

The Office Is Where Your Laptop Is

Grant Ian Gamble

Grant Ian Gamble is an international business strategy and growth consultant, best-selling mindful leadership author and speaker. He works in a broad array of industries helping companies build teams, navigate change and drive growth. He has over 35 years of experience in the health and wellness sectors.

Similarly to the migration of retail to online, COVID has provoked a transition of thinking about where team members actually need to physically be in order to do their job well.

As we adjust our perceptions of what work looks like post COVID, there exists a gulf between what was and what will be when it comes to office geography.

Companies have already begun divesting themselves of offices and buildings they formally saw as essential in order to house their workforce. Conference rooms lie dormant and have been replaced by Zoom calls. The office phone system has similarly been replaced by cell phones, text messages and FaceTime.

I am familiar with this decentralized workspace, having personally spent many years on the road, working from airport lounges, toting a portable printer, relying on my trusty laptop and the internet to keep my work flowing, and presence felt by clients across a variety of timezones. I appreciate the benefits of being mobile and also the downside of these sometimes very isolated environments.

This is the dilemma companies face as they approach a more fractured workplace.

The benefits are proven for many roles to be fulfilled from home or a remote coworking space. Equally, there are many challenges that come with this dispersion of talent and team.

As such, companies, managers, team members and family units are all trying to adjust their expectations in this new work environment.

For companies, the possible financial upside of not maintaining the same degree of physical premises to house their team can be significant. Associated costs involved in supporting team members at home are typically a fraction of the cost of maintaining significant office infrastructure. The lost productivity associated with commutes alone offer a boon to companies.

This regained segment of team members’ days can be parlayed into spending more time with family and for recreation, which has proven benefits both physically and psychologically.

  • Prior to COVID, 20% of team members that could work remotely worked from home.

  • This number spiked to 71% in the Fall of 2020.

  • 54% of these team members would prefer to work from home going forward.

For many team members, the added flexibility of working remotely can be life changing. Similarly, for some, it can be very challenging.

Herein lies the challenge that exists for managers and HR teams. As with many things, what suits one team member may well not suit another.

Myers Briggs would suggest that strong extroverts gain energy from being around other people, whereas strong introverts need alone time, or time with a limited number of people, to recharge. For the extroverts on your team, working from home may feel like a prison sentence. For your introverts, their productivity might improve as a function of reduced demand to be engaged with people during their workday.

This is just the tip of the iceberg when it comes to navigating dispersed working environments.

Much has been written around these issues and topics, but the relative newness of these changes in expectations and functions make it a challenging environment for companies, managers and teams.

I have been working with several companies to re-tool their work environments and as conversations and revelations emanate from these processes, it is evident to me that this needs to be an organic process and the many conundrums presented by this upheaval will not be solved overnight, or in a vacuum.

By engaging managers, department heads, team members, and even family members in the conversation, finding the sweet spot for your company and team may not be as elusive as it appears.

Let's Connect!

CUSTOMER EXPERIENCE & TEAM ENGAGEMENT: AFFINITY OS™ | WELLNESS INTEGRATION | MINDFUL LEADERSHIP: "THE AFFINITY PRINCIPLE"

0475 866 592

Grant Ian Gamble Business Consulting | Author | Speaker | Business Consultant | Coach |The Affinity Principle | Best Seller Logo

The Affinity Principle™ by Grant Gamble presents a formula for business success through a people-centric, mindful leadership approach.

PEOPLE FIRST, ALWAYS.
Wellness Real Estate Return on Wellness (ROW) = ROI

Wellness Real Estate Return on Wellness (ROW) = ROI

Wellness Real Estate Return On Wellness (ROW) = Return On Investment (ROI)

Wellness Real Estate Return On Wellness (ROW) equals Return on Investment (ROI) Feature Image

Grant Ian Gamble

Grant Ian Gamble is an international business strategy and growth consultant, best-selling mindful leadership author and speaker. He works in a broad array of industries helping companies build teams, navigate change and drive growth. He has over 35 years of experience in the health and wellness sectors.

I remember the elation I felt the first time I completed the 13-minute ab track in my mentor’s aerobics class. Those were the days of “burn baby, burn”.

At that point in the fitness industry’s history, the term “Wellness” was just coming into our vernacular. Most of us fitness zealots didn’t really understand what wellness was, but on some level, it resonated with me as the way of the future.

As my career in fitness morphed into a career in wellness, my appreciation for the more holistic benefits of balancing body, mind and spirit were accentuated.

Over the years, I have had the privilege of leading many wellness initiatives ranging from corporate workplace wellness, all the way through to rehabilitative wellness. I headed up the construction of massive wellness campuses and helped build integrative healthcare collaboratives. My understanding of what it took to achieve wellness heightened and I also started to become aware of the overuse of the term.

Wellness was the buzzword of the fitness, spa, integrative care and supplement industries. It was the catchall for initiatives ranging from workplace health to disease management and prevention efforts. It was also being used in seemingly disparate areas such as housing developments and pharmaceutical ad campaigns.

A new term began to appear as wellness permeated almost every aspect of our lives, and that was “Well-Washing”.

This meant exactly what it inferred, someone was using wellness to make a product look or sound good and often there was no substantive wellness connection when you really looked at the product in stark relief.  

An area where I feel this is somewhat commonplace is the Wellness Real Estate space. Wellness Real Estate developments have wellness attributes that can range from a simple network of trails to extensive wellness facilities and services. 

Grant Ian Gamble Business Consulting | Author | Speaker | Coach | The Affinity Principle | Blog | Simple Management Practice to Elevate Your Leadership | MBWA

The former is more the norm, where a developer will put in some trails and maybe a fitness center and stop there. These fitness centers rarely get a lot of use, but the trails are often a boon for kids and adults alike to get outside, exercise and travel around the development off road.

In no way am I disparaging efforts to provide a wellness amenity, but as our knowledge and skill increases in the delivery of wellness lifestyle, calling a development Wellness Real Estate when you take a very narrow slice of what’s available and apply it lightly to the development seems disingenuous.

As I have explored this world of Wellness Real Estate developments, the list of comprehensively packaged wellness communities is relatively thin. Yet, where wellness elements are thoughtfully stitched together to offer a tapestry of offerings, the measure of the benefits of the wellness “investment”, Return On Wellness (ROW), is high.

The good news for the developers of these integrated wellness communities is that they also typically receive a handsome Return On Investment (ROI).

True wellness lifestyle real estate often fetches premiums on the sale of residences ranging from 10% to over 50% above similar homes in adjacent developments.

This perhaps is an indicator as to why many developers like to place the “Wellness” badge on their developments. Getting a premium and often selling homes more quickly because of this wellness branding is very tempting.

But as consumers become more aware of wellness and its many constituent parts, I believe it will be necessary for developers to dig deeper into the arsenal of available wellness amenities to assure their optimal ROI and the best ROW for their residents. 

The best part about this is that these two metrics will become more and more intertwined and investing in wellness will not only do a great deal of good for the community that benefits from the infrastructure, but will also represent a great investment for astute developers who take a long-term view and are looking for a distinct advantage in the marketplace.

Grant Ian Gamble Business Consulting | Author | Speaker | Coach | The Affinity Principle | Blog | Simple Management Practice to Elevate Your Leadership | MBWA

Related:

“How to Achieve the Ultimate State of Wellness”

“What Does a Healthy Community Look Like Beyond COVID?”

“Does Our Built Environment Affect Our Relationships?”

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