Welcome to the latest edition of the Social Capital Newsletter. Social Capital is an intangible asset at the heart of a new and dynamic view of success, one that is changing business and the world as we know it during one of the most difficult and turbulent times in recent history. The take-no-prisoners workplace cultures of the past are no longer attractive in the post-pandemic environment, where employees will simply vote with their feet if they're getting jabbed by colleagues' sharp elbows and managed by an insensitive clod. We're glad to say goodbye to all of that. It's time to embrace the best practices that put employees' wellness front and center, as many Social Capital leaders are demonstrating. In "The Well Being Factor," we celebrate 10 companies that are treating employees like the whole human beings they really are, helping them to be centered, self-aware and optimistic. If you're looking for ideas on how to keep your team thriving, this piece will energize you.

The number one metric you may be overlooking.

UKG CEO Aron Ain proves the leadership strength of honest humility.

Can Pharma Lead in Social Good? 
CEOs Who Share The Wealth
Is Servant Leadership Finally Catching On? 
 

Want to unleash your full powers as a leader? According to Fred Hassan, a director at the private equity firm Warburg Pincus, and long-time pharmaceutical executive, says it's all about getting real, as in being more authentic, purposeful and connected when you're at work. Letting employees know who you really are is the quickest, most unexpected way to transform your organization, because it will allow them to bring their whole selves to work in a way that an HR manual just won't. But you can't lead in a vacuum, and Reinvent will tell you exactly how to lead groups in a way that brings out the best in everyone on your team and fosters innovation. Can't get enough of Hassan's ideas? Check out our story Fred Hassan Proves Big Pharma Can Have a Heart. 

Looking for a great gift for your summer host or hostess? Check out Hedley & Bennett's professional chef's aprons, which are all 100% American-made and sold in recycled packaging. There's something for everyone--the Sesame Street-inspired Cookie Monster ($105), the LoveShackFancy x HB Palm Beach Rose ($110), and Yosemite Bundle, featuring a Yosemite Field Guide ($180). The aprons, designed by chefs to meet the demands of busy professional kitchens, they've now become a fave for amateur chefs everywhere. 

Doing Good and Doing Good Business: How Chipotle’s CEO Grew Profits and The Company During Covid By Caring For Employees and Customers.

Laying awake in fear that yet another employee will quit is not a solution to the Great Resignation. Focusing on engagement is what will help your company stay fully staffed for growth, as our story "The Well-being Factor" vividly illustrates. Gallup finds that highly engaged business units achieve 59 percent less turnover. And classic Bain research shows that an employee who feels engaged and inspired is 125% more productive than a staffer who is merely satisfied.  All in all, it's powerful evidence that Social Capital CEOs are onto something as they build companies that prize and inspire their team members so that they stay engaged. 

There's only so much chaos anyone can take before burnout sets in, and even leaders are not immune. Many managers have recently had to tackle problems like staffing shortages and supply chain glitches while helping their children with online school and elderly parents stay safe during new waves of covid. Robert Glazer, founder of Acceleration Partners, explores how to avoid losing key managers who've hit the wall in "Constant Chaos and Leadership Burnout." Hint: It starts with asking how they are doing on a human-to-human level. Thats something that may have fallen by the wayside during the crises of the past two years but is a smart strategy for every Social Capital CEO to embrace. 

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