New Joint Venture to Specialise in Corporate Wellness & Dealing
with
" The Unspoken Corporate Epidemics of the 21st Century"
When Paddy Creedon gave a similar title (Addiction -" The Unspoken
Corporate Epidemics of the 21st Century") to his MBA project thesis
in Belgium last year little did he realise that it would also become
the driving force and launch pad for a new and exciting joint venture
with a colleague and fellow practitioner Ms. Terri Morrissey. With
alcohol abuse and alcoholism costing the Irish economy between 1%-3%
of its GDP with an estimated 50% of that cost being borne by Corporate
Ireland top Irish consultants at the Corporate Wellness Partnership
will address this current hot topic, as well as other people issues
in the workplace. This new joint venture has been set up by two
of Ireland's most prominent management consultants to specialise
in corporate wellness, particularly in the areas of addiction, substance
abuse, stress and dysfunctional behaviours in the workplace.
Terri Morrissey has moved from Emerge Smart after ten years as a
partner and senior consultant to set up "Corporate Wellness Partnership"
in a joint venture with Paddy Creedon of Creedon and Creedon Ltd.
Said Terri Morrissey : "Awareness of societal costs, risk management
issues and the negative impact to both the bottom line and image
to Corporate Ireland is at an all time high. Alcohol abuse alone
is estimated to cost economies between 1% to 3% of GDP which in
Ireland last year would have amounted to a minimum of EURO 400 million
- other studies suggest that almost 50% of that cost is borne by
Corporate Ireland.
"Some companies have Employee Assistance Programmes (EAP's) which
help in this area but who helps the employers or the managers?
In the words of Paddy Creedon "Corporate Wellness Partnership (CWP)
will
- Conduct a corporate wellness audit of your company,
- Facilitate a review of your polices in this area,
- Benchmark against best international practice,
- Train managers and team leaders specifically on how to identify
and address many of the problems which are costing them and their
employees enormously in financial and human terms.
- Provide on-going support and an evaluation methodology on how
well the company is doing in this area."
"This audit process will address alcohol and drug related issues
and costs associated with
- Absenteeism,
- Presenteeism (where employees are present but not performing),
- Accidents in the workplace,
- Reduced performance,
- Turnover and replacement of staff,
- Theft and fraud,
- Insurance and legal costs,
- Opportunity costs (where not taking action is costing the company)
- Industrial relations and team morale," said Ms Morrissey.
Paddy Creedon said: "Terri and I are currently developing some
new and innovative management tools and services in the niche area
of solving difficult people issues in the workplace. Managers are
trained to manage but they are seldom skilled up or trained to handle
problem-causing employees. We will clearly identify the problems
managers are facing and recommend strategies to deal with them effectively
and efficiently."
Terri Morrissey and Paddy Creedon also offer a wide range of consultancy
services in leadership, mentoring, change management facilitation,
and behavioural modification.
About Terri Morrissey…………………
"Terri Morrissey, Behavioural Psychologist and Gold medallist graduate
of Fordham New York MBA programme, has over 25 years experience
of organisational and management development. She has extensive
experience in the public, private and not for profit sectors in
management and organisation change and development. This includes
working as a Chief Officer in a London Local Authority, General
Manager of a leading edge software development company in Dublin,
Lecturer in the Smurfit Graduate School of Business and for the
past ten years Partner in Emerge Consulting.
Terri has consulted to a wide variety of blue chip clients in Ireland
and Europe on leadership, team working, performance management and
on>organisation culture and change. She has developed programs for
managers, personal and organisation development and spent some years
delivering programmes for women managers. She is the author of numerous
papers and books.
Liam Young, CEO of Conduit, the telephone directory inquiry specialist,
commented:
"I am delighted to give my support to Terri Morrissey in this new
joint venture and wish it well. I have worked with Terri on a number
of projects over the years and have been very impressed with her
outstanding professionalism and effectiveness. I look forward to
working with Terri and Paddy in the future."
About Paddy Creedon…………….
Paddy Creedon (B.A. Management and an International MBA) has extensive
management experience working with Ireland's largest healthcare
organisation - Voluntary Health Insurance Board (VHI) - for over
thirty years. In VHI he held a number of management positions and
was General Manager Member Services from 1993-2000. He also operates
in Northern Ireland and Belgium. In July 2002, he graduated with
distinction from the Vlerick Leuven Gent Management School in Belgium,
when he successfully completed the international executive MBA programme
on a part-time basis over a two-year period. He formed Creedon &
Creedon Ltd. in a business partnership with his son Keith last year.
Wim. Brenninkmeijer, the Administrateur Délegué at HOPE aisbl
- an addiction treatment Centre in Brussels says that
" Paddy has been our Business Advisor here at HOPE for the past
three years and a very pro-active member of our management team.
His MBA project thesis entitled " Addiction -The Unspoken Corporate
Challenge of the 21st Century" can be described as an insightful
breakthrough into the costs and benefits associated with positive
interventions in the workplace. It is very refreshing to see such
an enlightened solution-based approach been brought forward as an
action programme for companies."
For further information contact:
Michael Keane
Fleishman-Hillard Saunders 01-6188439/086 245 2938
Michael Keane
Corporate Affairs Director
Fleishman-Hillard Saunders
15 Fitzwilliam Quay
Dublin 4
Tel: +353 1 618 8439
Fax: +353 1 660 2123
E-mail: keanem@fhs.ie
Web: www.fhs.ie
Terri Morrissey can be contacted at GSM 087.2406371
Paddy Creedon can be contacted on GSM 087.2532011
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