Often times when individuals within a business are asked what is most important in order to succeed or meet required outcomes, they respond with time management, innovation, leadership, problem solving, teamwork or decision-making skills. However, what is often overlooked is the important role that psychology plays within the business environment, especially when considering performance. Consider for a moment an environment in which there is a high need to perform well. The accompanying pressure may lead to the experience of stress, anxiety, a lowered mood, or burnout. Such experiences affect performance in various ways. A person may have difficulty with making decisions, managing emotions in a purposeful manner, being focused, being creative, or applying skills that have been learnt. This makes it difficult to achieve business related objectives.
Shocking Facts About Workplace Productivity
- Around 500 million workdays and $500 billion in productivity are lost because of workplace stress.
- $1,967 per employee per year – The average productivity losses linked to fatigue.
- $483 to $605 billion – the annual losses from lost productivity due to employee disengagement.
Psychological training involves the teaching, learning and application of psychological skills through the use of evidence-based methods. The purpose of the psychological training is to enhance performance and mental wellbeing in order to optimally function within the business environment. This may involve aspects such as resilience, Emotional Intelligence, communication skills, purposeful management of emotions, authentic leadership, or self-actualization. Psychological training increases awareness and perspective of oneself in order to reach full potential. Psychological training is specific, systematic, and goal orientated and is utilized to increase mental wellbeing and learn new skills that enable more optimal performance, but it is also vital in order to meet the demands of the corporate environment.
10 Benefits of Psychological Training
1. Increased personal and professional awareness and perspective
Personal and professional awareness enables an individual to be more in tune with our inner and outer world. This enables one to identify and focus on relevant aspects that are affecting your own and others performance and wellbeing.
2. Identification and management of own and other’s emotions
Identifying emotions is the first step in managing one’s emotion. Without identification one does not know what should be managed. The management of emotions means that you are able to apply skills in order to reduce the intensity of an emotion in order to perform.
3. Increased Emotional intelligence
Emotional Intelligence involves various components. Identifying preferred patterns, developing the capacity for emotional management, and applying certain behaviors. Emotional intelligence contributes towards empathy, resilience, reasoning, and motivation.
4. Increased performance under pressure
Performing under pressure entails the accurate interpretation of events and circumstances and being able to navigate tasks in a manner that allows one to perform well despite pressure.
5. Better able to cope with increased stress and anxiety
Being able to cope with stress and anxiety firstly requires the accurate identification of why I am experiencing these emotions, and how it is affecting my wellbeing and performance. The application of skills can not only reduce the experience of anxiety and stress, but it reduces the effect it has on our performance.
6. Improved interpersonal effectiveness
Personal effectiveness refers to building and maintain positive relationships, specifically here, within your work environment. Building such relationships enables our ability to adapt to adverse situations.
7. Personal growth
Personal growth is a process. A process in which we apply newly learned skills in order to reach our full potential. The focus here is on becoming our best selves to facilitates our performance and mental wellbeing.
8. Ability to adapt to adverse experiences
Psychological training can help us to develop skills that enables one to identify and apply skills. The identification and application of skills help us to make the best of a situation and get the extract the best possible result. This is where some of the previous mentioned benefits may help us to better adapt.
9. Sustainable performance
When we think of performance, the last thing we want is for variability. Extreme Fluctuation in performance is undesirable and leads to inconsistency. Therefore, through psychological training the goal is to achieve sustainable and manageable performance.
10. Increased self-regulation
Within our life there are controllables and uncontrollables. Self-regulation turns our attention towards our behavior, cognition and emotion and ensuring that we are able to regulate it to the best of our ability.
At the Libertas Business Institute, we’ve achieved a great amount of success in developing better teams through our unique corporate learning and development approach. Our personal approach incorporates theoretical knowledge, experiential learning through using state of the art business simulation software and the application of psychological training. Schedule a consultation with our team below to discuss how we can assist your organization.