Business News from Sri Lanka: For the second successive year, the Chamber of Young Lankan Entrepreneurs (COYLE) in collaboration with Japan External Trade Cooperation (JETRO) organized’ Sri Lanka Corporate Health and Productivity Awards,’ which are anticipated to attract a good deal of concern from a company and young entrepreneurs.
On 30 July 2019, a workshop on Health and Productivity Management was held to improve the corporate values of businesses by promoting businesses involved in health and productivity management and expanding health and management programs across the island. The workshop was organized by Dr. Yoshiaki Ichikawa, visiting professor at Tama University, Tama, Japan, encouraging businesses to move towards healing. In addition, the workshop respondents were able to improve understanding in the area of Health and Productivity Management and gain insight from a staff view into different management methods.
Last year’s awards ceremony acquired wider government recognition and reach which ultimately led to a revolution in the business sector with initiatives being made by a substantial amount of companies to enhance the workers ‘ health and productivity.
The awards ceremony this year will take place in January 2020 in line with the Ministry of Economy, Trade and Industry (METI) and Tokyo Stock Exchange (TSE) Health and Program in Japan.
All Sri Lankan participating companies are encouraged to register for the productivity awards and will mainly be categorized as Extra-large, Large, Medium and Small based on their amount of staff. Businesses that effectively execute staff wellness initiatives from a leadership program will be rewarded and promoted as effective businesses that investors consider worth empowering.
Addressing the press briefing, COYLE Chairman Aminda Rodrigo said,” After much achievement at the original award ceremony, the second award ceremony marks a significant increase in the amount of attendees, and with extensive experience and studies on health and productivity management in local and international businesses, it is noted globally that health and productivity management programs are being implemented.
It is the duty of management and executives to look into the health and well-being of employees if the authorities are to acquire maximum employee performance and if the employees are the most vital cog of any company, they need to be carefully cared for initially. MasatomoItonaga, JETRO Resident Representative, remarked that both physical and mental health are crucial to work stress-free and comfortable.’
Corporate health and wellness programs have always been a pillar of achievement for businesses in crisis scenarios and are instrumental in generating a positive-minded workforce, improving the health and efficiency of employees, improving commitment and retention. The fluctuating economy of modern moment requires more than ever health and well-being programs, and by moving to such programs, foreign firms have achieved more success and profit. In addition, health and productivity programs function as a notable strategy to emerging from the stagnant economy and help alleviate stress and discontent among employees.
The apps can be downloaded from https:/slchpa.com/home/ and from 1 August to 15 October 2019 applicants are invited to submit apps.