Corporate Well-being
At a breakfast meeting of the American Chamber of Commerce in Korea (AMCHAM) held at the Grand Hyatt Hotel on June 5, Vice Provost and Professor Michelle Marks of George Mason University gave a presentation under the theme of “Leading to Well-Being – A catalyst to boost individual and organizational performance,” in which she defined well-being and suggested actions that organizations can take to improve their employees’ well-being.
Professor Marks said, “Well-being is composed of five elements - purpose, social, financial, community, and physical. When those five elements are in harmony, an employee will enjoy better productivity, creativity, curiosity, morale, and satisfaction in the job, and eventually it will be linked to the improved performance and productivity of the company or organization.”
Professor Marks also outlined actions that leaders of organizations can follow regarding those five elements to improve their employees’ well-being.
George Mason University has established the Center for the Advancement of Well-Being and runs programs outside the regular curricula to improve its students’ well-being.
On June 9, Professor Marks will give a lecture under the theme of well-being to students at George Mason University Korea in Songdo, Incheon. George Mason University Korea provides the same curriculum, lectures, and degrees as the main campus in the U.S. It was founded in 2014 and has 180 students majoring in Economics, Business, and Global Affairs.