Page 169 - INTERNATIONAL SOS PR REPORT FEBRUARY 2024
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2/16/24, 5:15 PM Running on empty: Are you ready for the burnout crisis?
In the wake of ongoing global upheavals, from extreme weather events to geopolitical
instability which are exacerbating the strain on organisations worldwide, the spectre of
burnout looms large over the workforce.
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The World Health Organization (WHO) defines burnout as “a syndrome conceptualised
as resulting from chronic workplace stress that has not been successfully managed.” It has
three dimensions – exhaustion, negativity toward one’s job and reduced
efficacy/productivity at work.
A grim statistic that underscores this developing crises for businesses worldwide is upto 80
per cent of surveyed senior risk professionals anticipate significant burnout impacting
businesses in the coming year. Alarmingly, only 41 per cent feel adequately equipped to
confront this escalating crisis.
The finding was released by risk advisory firm International SOS in its Risk Outlook Report
2024.
https://gulfbusiness.com/burnout-is-the-biggest-risk-facing-business-2024/ 2/7
