Business strategy should include mental wellness

Loading player...
Creating psychologically safe workplaces needs to be a part of any business strategy.

This is according to Professor Renata Schoeman [https://renataschoeman.co.za/], the head of the MBA in Healthcare Leadership programme at the Stellenbosch University Business School.

She tells the OFM Business Hour that mental wellness in the workplace has become even more important in the wake of the Covid-19 pandemic.

Also Read: 'More clients going digital’ – marketing guru | OFM

Schoeman, who is also a psychiatrist by profession, says the return of investment for each rand a business spends on mental health is easily R3 to R8. This is due to turnover being linked employee satisfaction.

Covid-19 has also highlighted how backward measuring productivity according to “hours spent in seat” as opposed to actual output is.

She adds creating flexibility will attract younger employees, because “this is what they want”.

Listen to the conversation below.
6 Apr 2022 12PM English South Africa Business · Daily News

Other recent episodes

The Devil Wears Prada 2 en die sake van intellektuele eiendom

Met fliekgangers wat uitsien na The Devil Wears Prada 2, bespreek die OFM Business Hour-span die komplekse wêreld van intellektuele eiendom waar persoonlike regte, handelsmerke en kopiereg in filmproduksie vervleg. Die oorspronklike The Devil Wears Prada dien as voorbeeld om te wys hoe verskillende vorme van IE saam waarde skep…
25 May 6AM 5 min

Career expo widens Parys youth’s horizons

The renewable energy sector is rich with opportunity, and beneficiary communities are encouraged to take advantage of the diverse prospects emerging within the industry. This is according to Keatlaretse Senoamere, Social Specialist at Damlaagte Solar. She joined the OFM Business Hour to reflect on the highlights of the recently hosted…
25 May 6AM 5 min

Capitec Bank soars high with 23% increase in headline earnings

Capitec Bank has reported a strong performance, with headline earnings climbing 23% to R16.8 billion for the financial year ending February 2026. The growth was largely driven by double-digit gains in interest income, supported by improved interest rates in 2025. Group CEO Graham Lee remains optimistic the bank can sustain…
23 Apr 6AM 4 min

Standard Bank fosters partnerships in fight against FMD, gears up for Nampo

Brendan Jacobs, Head of Agribusiness at Standard Bank Business and Commercial Banking South Africa, unpacks the bank’s partnerships with Clover and the Milk Producers’ Organisation in tackling foot-and-mouth disease. He also shares what to expect from their presence at Grain SA’s upcoming Nampo trade show, with a strong focus on…
15 Apr 6AM 6 min