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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 |