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Is work life balance a myth?

Work-life balance is real, but finding it can be difficult. In order to maintain a healthy and satisfying existence, people must be able to efficiently manage their time and energy between their job and personal lives. This notion is known as "work-life balance."

Even while finding the ideal balance between work and personal life can be challenging, doing so is still a worthwhile objective since it can help people maintain their physical and mental well-being, lower their stress levels, and generally improve their quality of life. Also, it may enhance productivity and job effectiveness.

Yet, due to factors like long working hours, high job demands, and a culture that encourages overworking, establishing work-life balance can be difficult. Employers must emphasise the value of work-life balance and put policies and procedures in place to support it, such as flexible work schedules and paid time off. Also, it's critical for people to prioritise self-care and establish boundaries between their personal and professional lives by taking breaks and establishing realistic task expectations.

In conclusion, although work-life balance can be challenging to accomplish, it is an important objective that can have considerable advantages for both people and their businesses.

Any individual, team, or organisation with a stake in or impacted by a company's operations might be considered a stakeholder. The following are frequently listed as a business's major stakeholders:

1. Shareholders or owners: People or organisations with financial stakes in the company who have invested in it.

2. Employees: Those who work for the company and depend on it for a living.

3. Clients: People or companies who make purchases from the company's goods or services.

4. Suppliers: Individuals or businesses that offer the firm with goods or services.

5. Government: regulatory organisations that keep an eye on the industry and may impose rules or fees.

6. Creditors: people or businesses that have lent money to the company.

7. Community: People or groups who reside close to or are affected by the business.

8. Competitors are companies who engage in the same market or sector.

Businesses should keep their stakeholders' wants and interests in mind when making decisions because their actions might affect the viability and sustainability of the company.

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