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PROSPECTUS R&R the ticket to earning great ROI Ever run a long-distance race, played a round of golf in the scorching sun or maybe endured a two-hour tennis match? If you have, after completing the aforementioned strenuous activity, you likely prioritized recovery. In other words, you took time to rest and replenish yourself. What about exertion in the work world? Sixty-hour work weeks, monitoring emails 24/7 or exhausting business travel all take their toll on our minds and bodies. But are you applying the same common-sense approach and prioritizing recovery when it comes to your work life? It’s August, and OBJ has vacation on its mind as we complete this newsmagazine issue and prepare for a one-week closure. It’s our sincere hope that you, our valued readers, are also unplugging for a little rest and relaxation, too. However, there seems to be a preponderance of evidence (most of it from the U.S.) that CEOs and business executives are taking less vacation time than they used to. One particular study, published

by Harvard Business Review, found that in 2000, American executives were taking, on average, 20.3 days of vacation a year. Fast forward 15 years and the number of vacation days fell to 16.2. That’s not an insignificant drop. This dip in R&R coincided with the advent of smartphones and always-on social media, which has nearly erased the concept of a typical work day. And what happens when these overworked executives do manage to take vacation? If you guessed that they continued to work, you get a gold star. One smaller survey carefully tracked time usage of CEOs and reported that, while on vacation, the executives worked 2.5 hours per day. If you’re buying the “vacation is good” argument, what’s the best way to achieve good ROI for time away from work? Here are some pro tips from the experts: • Plan your vacation at least one month in advance. You don’t want to get more stressed when planning to de-stress. • Go far from home. Physical distance seems to create mental detachment. • Do something physical. Bike, swim, paddle or simply

@objpublisher Michael Curran

AUGUST 2019

SUMMER STREET PARTY! AUGUST • AOÛT

2 OBJ.CA

explore new places on foot. Related, pick a location where you feel safe, happy and alive. • Of interest, a German study also had something to say about what not to do on vacation. Avoid Internet browsing, social media and TV. In other words, lying on your couch is not an ideal vacation. Still not convinced? OK, one last study. This one concluded that people who took more than 10 vacation days per year are twice as likely to get a raise or bonus at work. “Statistically, taking more vacation results in greater success at work as well as lower stress and more happiness at work and home,” it reported. The undeniable conclusion? Time away is also time well spent for your company and career.

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ORDERING FOR OBJ DELIVERY

Want this great publication conveniently handdelivered to your office each month? Well, now that’s a lot easier. Thanks to a partnership with local tech company Fusebill, you can now guarantee your regular monthly delivery of OBJ through an easy online system. Simply visit www. obj.ca/delivery to place your order. It’s a nominal fee of $8 per month to get 1-25 copies of OBJ hand-delivered. Pick the number of copies that you need. It’s a flat delivery fee. Use the promo code PROSPECTUS for 50 per cent off the delivery fee for three months.

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Ottawa Business Journal August 2019  

Ottawa's authoritative source of business news, covering tech, tourism, real estate and other key economic sectors in Canada's capital.

Ottawa Business Journal August 2019  

Ottawa's authoritative source of business news, covering tech, tourism, real estate and other key economic sectors in Canada's capital.