The demands of a high-powered career can be overwhelming at any time of the year. Whether it's navigating through strategic planning, financial reviews, budgeting, shareholder updates, or performance evaluations, executives often find themselves grappling with stress that can impact their mental well-being. While the holiday season and new year are traditionally considered joyful, the challenges executives face extend beyond festivities and family commitments.
According to Microsoft's September 2022 Work Trend Index study, more than half of managers (53%) report feeling burned out at work, compared to 48% of employees. And this number may be even higher, as many leaders are reluctant to admit they are struggling with mental health issues or overwhelming stress. Parents, in particular, try to keep a positive mindset for their teams and kids, but at what price? Avoiding recognizing a problem can worsen the situation and lead to severe consequences. So, how can one recognize and address executive burnout throughout the year?
It's been said that the key to keeping your balance is knowing when you've lost it. And it's a fact that for hard-driving individuals, emotional exhaustion often sneaks in and affects health and happiness before it is recognized. So, here are some common signs that you might be experiencing burnout:
Some executives may turn to alcohol or drugs as a way to cope with stress temporarily, but these are not healthy or effective long-term solutions. They can even make matters worse since alcohol is a depressant that can affect the central nervous system. Relying on drugs or alcohol can create dependency, negatively affect the heart, liver, and brain, interrupt sleep, and impair judgment. As a coping mechanism, these solutions will definitely not enhance stress reduction! To prevent executive burnout, you need a holistic approach that considers both your work and your personal life. How can you manage obligations without pushing yourself to the brink of exhaustion?
If you are struggling with the negative consequences of overwhelming stress, you can find relief and set some strategies not only for yourself but for those in your leadership team. Practice these behaviors and encourage others to adopt them as well:
Additional tips throughout the year:
In conclusion, maintaining awareness of physical and emotional well-being and implementing stress-management strategies are crucial year-round. Planning and preventative measures before major events or projects can help executives and their teams achieve a more balanced and harmonious work-life dynamic, providing the best gift for themselves and their colleagues.