‘Yet the reality is that most probably already have a good understanding of wellbeing and its benefits to organisations and employees. ‘What concerns me, however, is that the concept may not be widely understood, especially among busy small business owners or managers who may consider wellbeing as “nice to have” rather than essential, and feel they have little time to find out more.
‘Wellbeing is one of those terms that has become mainstream within the business community, being used in a variety of contexts and covering a range of initiatives,’ he ventures.
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Trevor Cole, MD at Jersey-based finance software developer Puritas, has a considered view. Trevor R Cole, Managing Director, Puritas So, is wellbeing the mystical, silver bullet solution to everything wrong in the world? Or is it time to separate the hype from the substance? Covid and associated work-from-home arrangements have helped raise the wellbeing star ever higher. Organisations and employees have latched-on, promising this, claiming that. Wellbeing – it’s a well-used and very topical term in present times. One being increasingly recognised as important is our sense of wellbeing. Real job satisfaction and any corresponding higher performance comes from other factors. One important – yet controversial – point Maslow made was that while money is a motivator, it ranks fairly low within his hierarchy. Good managers still need to understand what makes their employees tick. The world in which we work may have fundamentally changed since the 1940s, but people are still people. Why? Because after more than 80 years, Maslow’s still makes sense.
It’s one of the first concepts rolled out in any management course or examined within most ‘how to be a better leader’ workshops. Maslow’s ‘Hierarchy of Needs’ … heard of it? A natty pyramid diagramme containing the levels helped clarify his thoughts and cement the concept.
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Its fundamental thrust was (loosely) that to succeed in life, people must work upwards through a series of motivational levels to eventually reach their highest goal. Puritas explores a modern organisational concept with traditional management rootsĪmerican psychologist Albert Maslow might have remained just a gifted, but largely unknown academic but for a 1943 journal article explaining his theory on human motivation.
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