Looking to build a workforce with the skills to thrive and drive positive business outcomes? Welcome to Generation Thrive.
Did you know research shows that resilient, flexible, and adaptable workplaces thrive?
But how do organisations meaningfully translate this into their operations, along with meeting the individual requirements of their workforce?
At Generation Thrive, we believe it’s enterprise and personal leadership skill development that leads to higher rates of employee wellbeing, engagement, innovation, and productivity.
Our online evidence-based personal Leadership program Thrive@Work supports organisations to improve the performance, wellbeing, and engagement of their employees by equipping them with four key in-demand skill sets to thrive in their life, and in the workplace. Creating a productive, engaged, driven, and optimistic workforce ready to adapt to any change or challenges they face.
This is because at Generation Thrive, we see skills development and workplace wellbeing as interrelated, as the acquisition of skills such as communication, empathy, critical thinking, problem-solving, goal planning and organisation lead to self-compassion, collaboration, self-leadership, and individuals managing their own emotional, social, and psychological wellbeing – all of which are of course good for business.
A belief supported by Wellbeing Australia who state that, “Research has consistently shown the positive correlation between employee wellbeing and productivity. For many organisations having a happy, motivated, and engaged workforce is no longer seen as a “nice to have” but a prerequisite for commercial success over the long term. However, whilst the “why” is well understood by business leaders, the “how” often proves more elusive.”
While the evidence is there to encourage investing in skill development and wellbeing programs, unfortunately, due to a lack of businesses currently utilising an intervention, the economic impact is immense. It is predicted that Australian businesses lose over $6.5 billion each year by failing to provide early intervention or treatment for employees with mental health conditions – an issue that is not just tied to one industry.
The financial services industry and insurance sector experiences one of the highest rates of mental ill-health in the workforce, with 33 per cent of people experiencing a mental health condition. According to report, PWC & Beyond Blue. Creating a Mentally Healthy Workplace: The Mentally Healthy Workplace Alliance (2014).
And, according to report by Orygen, almost half of young Australians will not complete their apprenticeship due to exposure to situations that negatively impact their mental wellbeing. Boyle, C. Wellbeing at work: Apprenticeships and mental health. Melbourne (2021).
But it is not all bad news and at Generation Thrive we see our program as a way for our partners to gain a competitive edge by equipping their employees with the skills and habits they need today and in the future for improved productivity and wellbeing.
So, what are Enterprise and Employability Skills needed to thrive at work?
The World Economic Forum (WEF) Future of Jobs report identified that for people entering the workforce, 8 out of the top 10 key skills to thrive at work included
transferrable enterprise skills including:
Analytical thinking and innovation
Active learning
Creativity, originality, and initiative
Technology design and programming
Critical thinking and analysis
Complex problem-solving
Leadership and social influence
Emotional intelligence
Reasoning, problem-solving
Systems analysis and evaluation
These are skills that our Thrive@Work program helps participants gain as reported in their surveyed outcomes:
92% increase in critical thinking and problem-solving skills
92% increase in communication skills
100% increase in self-leadership and accountability
80% increase in time management skills
80% more confident in their goal planning skills
And as reported by participants of our program through the Mental Health Continuum, skill development has led to significantly improved wellbeing:
17.5 % increase in emotional wellbeing, covering questions related to positive affect, happiness, satisfaction, and interest in life
16.7 % increase in social wellbeing, relating to social acceptance, where one fits in the world, and social integration and contribution.
19.1 % increase in psychological wellbeing, covering self-acceptance, environmental mastery, positive relationships, personal growth, autonomy, and purpose in life.