Blog — wellness programs

Collective Efficacy: A Concept Whose Time Has Come

Posted by Joel Bennett on

Collective Efficacy: A Concept Whose Time Has Come

Corporate wellness strategies correlate with financial performance. But correlation is NOT causation. Something more powerful (collective efficacy) may be going on that accounts for BOTH wellness and financial outcomes. There has been very good press last month on three studies showing a correlation between use of wellness programs/strategies and corporate stock or financial performance (see references below). Even the NASDAQ referenced these studies in an article on corporate health scorecards. These studies are important and promising. They also recall older and previous research on the relationship between "best places to work" and financial performance. Wellness Score Cards and Financial Success It is easy to get excited about...

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