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What? No yelling? Must be a passing fad
While some executives have heard the message, they may feel a tug-of-war between the call from the ground to show compassion and the pressure from the top to deliver results. They may also have to contend with colleagues and bosses who remain cynical about the argument that compassion is a path to effectiveness and profitability.
Even if leaders believe a healthy and happy workforce can fuel corporate success, they may still short-change workers, particularly in the face of short-term targets. They would be short-sighted to do so.
Results need not be sacrificed to foster a caring workplace. Far from it being a sign of ineffective leadership or a drain on resources, investing in employee welfare pays off in the long run. When workers feel valued, they are more engaged and perform better, leading to measurable corporate outcomes such as improved productivity, competitiveness and profitability. Additionally, reduced burnout and turnover rates benefit the bottom line.
In its latest State of the Global Workplace report , global analytics and consulting firm Gallup notes that business units with engaged workers have 23 percent higher profits, lower absenteeism, turnover and accidents, as well as higher customer loyalty.
The conclusion: It makes good business sense to promote well-being at work.
How to Show Compassion Without Compromising on Performance
There is a growing demand for more compassionate leadership, and not just because the Covid-19 pandemic has exacerbated the stresses of living and working in the modern world. People now look for jobs that will give them a sense of purpose and belonging, and expect to be treated with consideration and respect at work. They want leaders who listen and care about them, and who see them as humans and not just as workhorses.While some executives have heard the message, they may feel a tug-of-war between the call from the ground to show compassion and the pressure from the top to deliver results. They may also have to contend with colleagues and bosses who remain cynical about the argument that compassion is a path to effectiveness and profitability.
Even if leaders believe a healthy and happy workforce can fuel corporate success, they may still short-change workers, particularly in the face of short-term targets. They would be short-sighted to do so.
Results need not be sacrificed to foster a caring workplace. Far from it being a sign of ineffective leadership or a drain on resources, investing in employee welfare pays off in the long run. When workers feel valued, they are more engaged and perform better, leading to measurable corporate outcomes such as improved productivity, competitiveness and profitability. Additionally, reduced burnout and turnover rates benefit the bottom line.
In its latest State of the Global Workplace report , global analytics and consulting firm Gallup notes that business units with engaged workers have 23 percent higher profits, lower absenteeism, turnover and accidents, as well as higher customer loyalty.
The conclusion: It makes good business sense to promote well-being at work.
How to Show Compassion Without Compromising on Performance
Many leaders think they have to choose between delivering results and supporting employees’ needs. They don’t – but doing both sustainably requires careful navigation.
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