How do you handle stress as a leader? Do you push blame on all your subordinates? Or do you take that bull by the reigns and figure out how to control it, assuming responsibility for your actions? What do you think takes to be a great leader? Do you listen to a variety of sources or do you prefer to follow your own voice?
Now why all the questions? Well… why not? Handling questions enables you to figure out and solve all kinds of problems however stressful they maybe. Workplace stress is nothing new. But what makes great leaders stand out is the ability to handle that stress. According to statistics found on the site Stress.org:
Workplace Stress Statistics –
- 83% of US workers suffer from work-related stress.
- US businesses lose up to $300 billion yearly as a result of workplace stress.
- Stress causes around one million workers to miss work every day.
- Only 43% of US employees think their employers care about their work-life balance.
- Depression leads to $51 billion in costs due to absenteeism and $26 billion in treatment costs.
- Work-related stress causes 120,000 deaths and results in $190 billion in healthcare costs yearly.
- source: https://www.stress.org/42-worrying-workplace-stress-statistics
What mitigates those numbers above is Covid-19 and the ability to now work from home. How have stress levels changed in recent months. While I don’t have those exact stats, I will guess that all the numbers did was shift a round a bit. There will still be stress but in another way, which can still cost companies money. Therefore company executives and managers need to be on their toes and watch out for workplace stress so they know how to deal with it right way when they see it.
So in the spirit of executive leadership, here is a little musical boost in a positive direction, inspired by Forbes: