LONDON, March 30, 2015 /PRNewswire/ --
Scientifically designed cognitive evaluation programme to boost cognitive health and help cut £26bn cost of mental health issues to business
MyCognition, the UK's leading provider of cognitive health technologies, launches MyCQPro, a unique assessment tool, which evaluates cognitive health and monitors mental wellbeing. MyCQPro is set to play a disruptive role in reducing the £26bn annual cost of mental ill-health to UK businesses.
At any one time, 1 in 5 working age individuals suffer from a mental health problem (OECD, March 2015), with 70 million working days lost annually due to poor mental health. Employers are increasingly seeking to introduce wellbeing strategies - but only 36% are equipped to quantify outcomes. MyCQPro addresses this by identifying individuals' cognitive strengths and areas they need to work on, and by assessing their progress.
MyCQProcan be used by all businesses to address a range of areas:
- Stress resilience for staff, to enhance retention and productivity;
- Absenteeism and medical claims, through regular assessment and timely interventions;
- Team cohesion and effectiveness, by identifying cognitive profiles to create balanced teams;
- Improved leadership, by harnessing cognitive training to give managers the tools for success.
MyCQPro can be carried out from any computer or iPad. It maps users' strengths in the five core cognitive domains: working memory, episodic memory, attention, executive function and psychomotor speed. MyCQPro, along with MyCognition's other products, was developed with world-class institutions including the University of Cambridge and Amsterdam Medical Centre.
Research has linked cognitive domains with key business skills, such as working memory with problem solving ability, and executive function with strategic planning. Firms can also use MyCQPro to create cohesive, effective working teams, balancing more creative individuals with more delivery driven profiles.
Companies can introduce MyCQPro and MyCognition's interactive training programmes to improve stress resilience and strengthen mental coping mechanisms. This targets presenteeism - lost productivity due to employees attending work in poor health, often mental health. Presenteeism costs UK firms over £15bn annually.
Duncan Knight, CEO of MyCognition, commented:
"Businesses are increasingly aware that employees' mental fitness is as important as their physical health. MyCQPro can enrich a company's Employee Value Proposition, and combined with MyCognition's training programmes, could help British businesses tackle the £26bn bill from employee wellbeing issues."
Charlotte Cheal / Julian Mackenzie-Smith