MBA Students Discuss Organizational Leadership
on Fitness
with Health Consultant Vik Khanna
On
Friday, Feb. 29, 2008 Smith first-year MBA students were once again treated to a
presentation from Vik Khanna, owner of Galileo Health Partners LLC, a health consulting
firm that provides innovative and creative consulting services to a wide range of
corporate and government clients. Khanna, who spoke at
MBA
orientation in August, returned to the University of Maryland's Robert H. Smith
School of Business to hold two sessions on the topic of Organizational Leadership
on Fitness.
Khanna began by discussing three central assumptions: 1) America's chronic disease
burden drains financial resources and quality of life, 2) the American health-care
industry is ill-suited to provide effective solutions, and 3) American business
once again finds itself faced with fixing a problem that is not of its own making.
"The American population is the most unfit culture in world history. This has tremendous
consequences for business," said Khanna.
The statistics presented by Khanna painted a stark picture. Recent studies indicate
that only 3 percent of all American adults have an optimal lifestyle, and 70 percent
of all American insurance costs are being spent on chronic illness. "General Motors
spends $5 billion a year on employee and retiree health costs," says Khanna. "Their
health care costs are estimated to $1500-$1800 of the price of every car built."
Khanna's objective was to educate students to the risks of aging and chronic
diseases while pointing out the benefits of behavior modification through a data-driven
approach to exercise risk management. Khanna then discussed several major global
companies who have generated significant savings to their bottom line through promoting
health and wellness, including Johnson & Johnson, Motorola and Citibank.
Khanna concluded his remarks by offering several suggestions to students in managing
company-wide exercise risk management. These suggestions included creating a culture
that rewards good health, providing personal leadership to compel employee involvement,
and engaging with the community at large. Khanna remained available after his presentation
for personalized, one-on-one health recommendations.
Peter Baird, MBA Candidate 2009, Smith Media Group