The THRIVE Index: Measuring Workplace Well-Being
The THRIVE Index: Measuring Workplace Well-Being
Thriving Employees Create Thriving Businesses
Today's most progressive firms are committing to organizational well-being. They are breaking down social stigmas and actively measuring and monitoring various aspects of their company culture that support the holistic well-being of their employees. When leaders hold themselves accountable for creating cultures of well-being, the result is not just a successful organization, but thriving individuals, families, and communities. "Thriving employees report less worry, stress, sadness, depression, and anger as well as fewer health problems, more hope, happiness, energy, interest, and respect." [Gallup 2022 State of the Workplace Study]
Creating a Culture of Workplace Well-Being
The recent U.S. Surgeon General’s warning about Mental Health and Well-Being in the workplace is alarming. But not surprising. A mental health crisis has gripped the nation throughout the pandemic. And employees have been vocal about the impact of toxic workplaces on their well-being. When employers do not respond adequately, team members walk out. Quitting. Literally or quietly.
Introducing the THRIVE Index: Measuring 6 Essential Dimensions for Well-Being in the Workplace
To retain top talent and keep the workforce engaged, businesses must address Mental Health issues with more than lip service. “Organizations should utilize validated tools for measuring worker wellbeing,” said Dr. Vivek Murthy, the U.S. Surgeon General. “This is critical to sustaining workplace structures and practices that advance rather than harm health and well-being of all workers long-term.”
Canvas and Fuel for Leaders (F4L) have developed such a tool — The THRIVE Index. A first-of-its-kind, comprehensive measure of Workplace Well-Being. The THRIVE Index identifies six Essential Dimensions for Workplace Well-Being: Psychological Safety, Trust, Community, Autonomy, Purpose, and Growth. Our unique approach of assessing a range of attributes, both Contributors and Detractors enables the THRIVE Index to provide valuable insights on an organization’s workplace environment and company culture.
Transforming Workplace Culture
An organization’s ability to align around a powerful purpose, shape a healthy culture, and design a modern operating model is the fuel of competitive advantage today. Creating systems that unlock both individual and organizational capacity is at the root of transformational culture change.
Transformative leaders equipped with essential data about workplace well-being are in a position to become catalysts of transformational culture change. They have the accountability to stay curious, connected, and future-ready in the service of positively disrupting ‘business as usual’ to create a culture of thriving where both employees and the organization flourish. The THRIVE Index provides organizations with key information for designing and implementing a successful culture transformation strategy centered on workplace well-being.
To learn more about how you can ignite change in your organization, reach out to us today.