Sunday, June 16, 2024
CEOWORLD magazine - Latest - CEO Briefing - How Wearable Tech Will Optimize The C-Suite of The Future

CEO Briefing

How Wearable Tech Will Optimize The C-Suite of The Future

As a high-level executive and business leader, your role in the C-suite is not just about leading your team. It’s also about setting the pace for your teams, pushing physical and psychological boundaries, and embodying high achievement. In this arena, actions will always speak louder than words. 

People are constantly looking to you to make decisions and lead the way. And being under the microscope means that everything you say and do will be seen by your team, whether or not you want it to. 

As a result, even your personal decisions will be open to interpretation, including your health decisions. Your overall physical and mental health, and that of your team, are key to your company’s success. 

The technological landscape is quickly changing the way we interact at work. And while wearable technologies are having a similar effect on our health and wellness, they’re bound to converge in the near future. 

One thing is certain: Wearable technology is on par with revolutionizing the health and wellness landscape.

Wearable technologies offer the potential for a game-changing shift in managing your personal health and overall productivity. They possess the ability to be your personal health advocate, tirelessly working to monitor and provide real-time insights into your health metrics.

And much like in business, they can provide data points to optimize decision-making. 

As Steve Howard elegantly stated, “You should measure things you care about. If you’re not measuring, you don’t care and you don’t know.”

The Wearable Tech Space Is Quickly Evolving 

Wearable tech devices are no longer just tracking steps or calories burned. They have evolved into an ecosystem that includes sleep monitoring, remote blood pressure analysis, continuous glucose monitoring (CGM), and even ECG and EEG devices to measure heart health and brain waves (respectively). 

The beauty of this evolution? A proactive approach to health, empowering you (and your team) to make informed decisions and stay on top of your game. This bleeds into all aspects of your personal and professional life. 

As a high-achiever, integrating wearable technology into your daily routine is akin to having a highly trained personal health coach. These devices provide the data you need to fine-tune your lifestyle and enhance your performance. They help you understand your body better, adapt to its needs, and optimize your health to fuel your journey to success. And they can even help you optimize your decision-making by improving your general health and wellness. 

It’s all about optimizing your brain and body to optimize your outcomes. 

In a leadership role, you can foster a culture of health-consciousness and proactive wellness within your teams. And the real-time data from these devices can help design personalized wellness programs, leading to enhanced productivity, improved employee engagement, and overall organizational growth.

Data from Wearable Tech is Digital Gold for Optimizing Productivity

Data is the ultimate currency for optimization and monetization in 2024, but it’s becoming apparent that not all data is created equally. More importantly, data from the web differs from data from wearable tech. 

The industry metrics signal that this is a prime time to move toward the digitalization of health tech. The global wearable technology market is projected to grow from $32.63 billion in 2019 to an astonishing $186.14 billion by 2030, at a CAGR of 14.6% from 2023 to 2030. This trend is driven by a surge in health consciousness, increased technology accessibility, and the ongoing pursuit of enhanced performance among high achievers and health-conscious individuals. 

Wearable technology is the health partner that every leader and high-achiever needs. It can provide the cutting-edge advantage you need to stay at the forefront of high performance. 

The health and wellness of executive leadership directly impact their ability to lead effectively. By tracking key health metrics and providing personalized health insights, wearables encourage executives to take charge of their health. 

This proactive approach to wellness goes beyond just preventing illness; it’s about optimizing physical and mental well-being to achieve peak performance. As you already know, your habits will trickle down to the rest of the organization, for better or worse. 

More importantly, a healthy business executive is more mentally focused, energetic, and capable of handling the constant stresses of high-level decision-making. We also know how important sleep can be for maintaining stamina, optimizing recovery, and improving cognitive processing and memory. Wearables can help you optimize your day by enhancing your recovery at night. 

There’s no cheat code or magic pill to replace a healthy lifestyle, so until that’s discovered or created, you have no choice but to own your health to optimize your outcomes in the office. 

And as you already know, having adequate energy levels is foundational to making that happen. 

Wearables can Optimize Workflow and Output by Optimizing Your Energy Levels

One of the less discussed yet vital aspects of executive performance is energy management. Once again, wearable tech comes into play by helping leaders monitor and optimize their energy levels. 

Through tracking sleep patterns, physical activity, and even stress levels, these devices can provide valuable insights into personal energy management. As we move into the future, expect to see the insights from this data allow you to make highly personalized decisions to improve how you move and feel throughout the day. 

By understanding the body’s needs and rhythms, executives can schedule their most demanding tasks during peak energy periods, ensuring you bring your best self to every challenge. It can also help you plan your day to enhance creativity, boost productivity, and schedule meetings with colleagues when the timing is right. 

Wearable tech also paves the way for tailored wellness programs. You will always be your best investment, and much like finance, investing in your health will pay dividends down the road if you do it consistently. 

With the data collected from these devices, executives can receive personalized recommendations for exercise, diet, and even mental health practices like mindfulness and meditation. Chronic stressors have detrimental effects on decision-making and brain function, which is why stress management can be such a powerful tool for improving your leadership skill set. 

These personalized programs can ensure that each leader gets the kind of support and advice that suits their unique needs and lifestyle, leading to better health outcomes and overall well-being.

Once your employees experience the changes you’ve created, the ripple effect across the organization can positively benefit morale, employee engagement, and even happiness scores. 

In 2024, You Must Maximize Your Brain and Body to Maximize Your Business

As wearable technology continues to evolve, its impact on the C-suite will only grow more profound. By embracing these innovations, executives can look forward to a future where they are more productive, energized, and better equipped to make sound decisions. 

Wearables offer a unique opportunity to enhance business performance and significantly improve the personal health and wellness of those at the helm. For the modern executive, wearable tech is not just a tool for staying connected; it’s a partner in achieving a balanced, healthy, and highly productive professional life.

The integration of wearable technology into the daily lives of C-suite executives is a game-changer. As we enter into the future of business, the C-suite that harnesses the power of wearables will be more dynamic, resilient, and better equipped to lead in an ever-changing business landscape.

The integration of wearable technology into the C-suite is not a question of if but when. So when will you start using it?

Written by Dr. Erik Reis.

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CEOWORLD magazine - Latest - CEO Briefing - How Wearable Tech Will Optimize The C-Suite of The Future

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Dr. Erik Reis
Dr. Erik Reis is the co-founder and Director of Health and Wellness of Nobody Studios, a rebel venture studio focused on the radical ideation, innovation, and creation of people-first start-up companies. He's spent the last decade of his career studying, treating, and consulting individuals on maximizing their bodies, brains, and in turn, their businesses. From the clinic to the board room, he's leveraged his deep understanding of neuroscience and behavioral psychology to help entrepreneurs maximize their businesses' impact and growth to success. He believes the brain is limitless, which is why his efforts at Nobody Studios are focused on maximizing human potential and improving access to global healthcare by creating innovative start-ups that combine technology, individualized medicine, and cutting-edge neuroscience.

Dr. Erik Reis is an opinion columnist for the CEOWORLD magazine. Connect with him through LinkedIn.