Reading
A. In pairs, rank these countries according to those where you think business leaders feel the most stress (1 = most stress, 9 = least stress).
• Australia • China • Denmark • Finland • Greece • Mexico • Sweden • Turkey • Vietnam • Germany
B. Read the first two paragraphs of this article. Then check your answers to Exercise A.
Over half of business owners feeling increasingly stressed
More than half the leaders of privately held businesses globally feel their stress levels have increased over the last year. The research from
(5) the Grant Thornton International Business Report ( I B R ) 2010 covers the opinions of over 7.400 business owners across 36 economies
Mainland China tops the league for
(10) the most stressed leaders. with 76% of business owners saying their
stress levels have increased over the last year. Other economics that were high in
(15) the stress league table were Mexico (74%), Turkey (72%), Vietnam (72%)
and Greece (68%). At the opposite end of the scale, business owners in Sweden
( 2 3 % ) , Denmark (25%),Finland (33%)
(20) and Australia (35%) have the lowest stress levels in the world.
There appears to be a link between stress levels and GOP.
Business owners in mainland China , Vietnam,
(25) Mexico, India and Turkey arc all high on the stress league table and are
working in environments where high growth is expected. But it's not just in
countries expecting high growth that
(30) tress levels are high - at the opposite end of the growth scale, Ireland, Spain
and Greece arc all high on the league table. Said Alex MacBcath, Global
Leader - Markets at Grant Thornton
(35) International, "We have businesses at both ends of the GOP growth scale
experiencing high stress for very different reason . I n mainland China. the pressure is on to keep up with the
(40) speed of expansion, while in Ireland, for example, the economy is shrinking,
and business owners arc worried about how they will keep their
business alive.''
(45) Business owners were asked about the major causes of workplace stress.
Not surprisingly, the most common cause during 2009 was the economic
climate, with 38% of respondents
(50) globally saying this was one of their major causes of stress. This was followed by pressure on cashflow (26%), competitor activities ( 2 1 %) and heavy workload (1 9% ) .
(55)Alex MacBeath comments, "The causes of workplace stress can be put into three distinct group - economic, business and personal. An employee may place
more importance on personal elements
(60) such as their work-life balance. The business owner has additional
pressures to consider."
The survey also found a link between stress levels and the number
(65) of clays taken off by an individual in a year. Countries at the top of the stress
league are those where business owners . on average, take fewer holidays each year.
2- Read the whole article and answer these questions.
1 What is the difference between these groups of countries in terms of reasons
for high-level stress?
a) China, Vietnam, Mexico, India and Turkey
b) Ireland, Spain and Greece
2 According to Alex MacBeath, how do business leaders experience stress differently in China and Ireland?
3 What are the four major causes of workplace stress?
4 According to Alex MacBeath, what three types of pressure are there?