The success of a company is not only measurable in terms of monetary income. It often goes beyond that and can include, for example, elements related to the productivity and performance of its employees (which is often determined by their well-being).
That is why today, from Lewer Canada, we will talk to you about the importance of setting long term goals for business and their direct interrelation with the mental health of employees.
We will discuss the impact that setting these future goals has on the success of any company and, likewise, we will provide some tips on how to achieve them. In large part, we will touch on the benefits of adopting programs such as Employee Assistance Programs (EAP).
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Want to learn more about it, keep reading! Remember that we are experts on the subject. The ideal thing to ensure a good working environment for employees in every company! Learn more about employee benefit programs in Quebec with Lewer.
Importance of long term goals for business
Why set long term goals for business? The answer may be very obvious, but you always need to know where you are at a given moment and where you want to go.
And what are short term and long term goals for business? They are simply projections into the near or distant future that a company aims to achieve. These can vary according to the nature of the work they do.
Apart from that, company goals are an excellent way to motivate work and encourage commitment, both individually and as a team. This, as long as they are planned as an action that will result in growth, not only for the company, but also for each of the workers.
And what does the latter mean? It is simple, it simply means that objectives should not be set at random, but should be achievable and strategic goals. It is always good to be realistic and to propose things that are really possible.
For example, if one of the long-term objectives is (purely hypothetically, in the case of an insurance company) to extend “X” number of policies per year, other short-term objectives can be set during that time (weekly or monthly).
Shall we continue talking about company goals examples? Let’s go to the next section to learn more!
Achieve your future goals with these tips
Now that we have clarified what is necessary, we can discuss long-term future goals in more detail. Perhaps a good way to do this would be to provide a list of business goals. However, this may vary from case to case.
Therefore, we propose some considerations related to the treatment of employees that can help to achieve objectives. All based on the adoption of an Employee Assistance Program (EAP) or other types of benefit programs.
For context, we can talk briefly about this program. Although, in each subsequent paragraph of this section we will go deeper in detail. Basically, it is a psychological support program that allows to take care of the mental health of workers.
To learn more about this topic, we invite you to read another of our blog articles: Discover 3 Reasons to contract employees benefit programs. In this section of our website, you can continue to expand your knowledge on this interesting topic and learn useful tips.
The Employee Assistance Program is very useful in helping to solve various types of problems that a company’s employees may have (family situations, addictions, depression, anxiety, among others). Finally, let’s see its interrelation with the fulfillment of short term and long term goals for a business:
1. Promote personal health and wellbeing
We mentioned this earlier. It is the most important point of opting for one of these programs: that employees enjoy good health in all aspects, both physical and mental. In order to be able to perform well in daily work activities, it is first necessary to feel good.
How can this help to achieve good long term goals? The answer can be seen in the title of the next item in this list.
2. Improving work-life balance
Of course, it is necessary to separate private life issues from work life. However, it is not something that can be achieved 100% as if by magic. We are human and it is normal to have concerns.
Many employers often have no idea what their employees go through on a daily basis. It is a big mistake, because having major concerns will affect their performance. With good psychological support, with the right professionals, they will surely be able to overcome them or see a noticeable improvement.
3. Boost productivity
The above is key to boost productivity in work activities. Do you want your workers to perform their duties properly? Simple: provide the right conditions.
Having a clearer mind can help employees focus on what is only necessary for each workday. This will clearly help their productivity and, if there are strategic goals in place, it will promote better compliance.
4. Increase employee and employer engagement
Beyond the fulfillment of objectives in the company, there is a factor of utmost importance: the commitment that employees feel towards employers and vice versa. Employees need to be cared for and a harmonious environment needs to be created in the workplace.
Noting a real concern on the part of the employers for the employers can consolidate the commitment of the latter to the company and to the employer (helping to improve the relationship between them in every possible way). Sense of belonging is a more appropriate term and should always be promoted in any serious company.
By accomplishing all this, the achievement of strategic goals will be less of a concern. We guarantee it!
You want to ensure the success of your company? Choose benefit programs with Lewer Canada!
At this point, you can better understand what long term business goals are, the need and importance of setting them, as well as some concrete examples. We hope that our advice and this article in general have been helpful.
If you run a company and want to ensure its success, always keep all this in mind. If you want to go one step further, remember that you should also always take care of your employees. To do so, you can opt for benefit programs, such as life insurance, health services, among others.
At Lewer Canada we are experts in everything related to this topic. If you have any questions or want to hire any of these employee benefit programs for your company, please contact us! Find the option on the top bar of this site.
For a more personalized attention, you can also visit us at 3131 boul. Saint-Martin Ouest, bureau 410 Laval, Quebec. Opt for employee benefit programs in Quebec with Lewer! Find more options on the attached link.