The World Health Organization estimates that 12 billion working days are lost every year due to depression and anxiety. This costs $1 trillion in lost productivity.
McKinsey research showed that ‘60 % of employees have experienced at least one mental-health challenge at some point in their lives’. According to the same study ‘Failing to address the effects of mental health and well-being challenges is a missed opportunity for employers’.
Employees dealing with mental health issues are 4x more likely to say they intend to leave, 3x more likely to report low job satisfaction, 3x more likely to experience toxic workplace behavior, and 2x more likely to report low engagement.
At the same time, classic Employee Assistance Programs do not seem to work…
Vlad Gheorghiu experienced mental health issues firsthand, whilst working for McKinsey.
This experience inspired him to design solutions. First for McKinsey, and later by co-finding a start-up company called Kyan Health.
In my conversation with Vlad, we covered the following topics:
1️⃣ Vlad’s background
2️⃣ Vlad’s engagement with mental health
3️⃣ The gap in the workplace between the mental health support employees need and receive
4️⃣ The concept of Kyan Health
5️⃣ Measuring impact
6️⃣ Creating a start-up company: Three Dos
7️⃣ Creating a start-up company: Three Dont’s
8️⃣ Vlad’s role models as an entrepreneur
If you are interested, you can watch our conversation on YouTube.
You can also listen to it Apple Podcasts or Spotify