The Importance of Human Sustainability in Business Growth

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Business Nouvelles

Human Sustainability,Employee Well-Being,Firm Performance

Research has found a strong positive relationship between employee well-being and firm performance. This article offers five questions to ask yourself as you’re setting your own growth strategy.

The strength of any organization depends on its people. Research has found a strong positive relationship between employee well-being and firm performance. When people feel healthy and engaged, their work performance improves, their relationships are stronger, and they’re better motivated to impact change. This is what’s at the heart of “human sustainability”— a concept introduced in Deloitte’s “2023 Global Human Capital Trends” report.

It’s about creating value in people’s lives — from their physical and mental well-being to their career skills and overall sense of purpose. It starts with individuals, but ultimately has a ripple effect to the people they encounter and the organizations they’re part of. Research shows that a focus on human sustainability drives stronger business results. All organizations need a business growth strategy where people feel they’re prioritized. Before you launch your next growth initiative, make sure you’re not sabotaging your employees, and your company in turn. This article offers five questions to ask yourself as you’re setting your own growth strategy.has shown that only about 15% of the companies in the top growth quartile in 1985 were able to sustain their top-quartile performance for at least 30 years. While factors such as operating systems, financial health, and internal processes are all critical in determining whether growth can continue,show that of all the resources a company has, human capital is the most importan

 

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