A “Growth-at-All-Costs” Mindset Can Stall Your Company

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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.

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 important. In other words, consistent and profitable growth is never easy, but it’s nearly impossible without “the quality, talent, and mindset of its people.”Accelerate your career with Harvard ManageMentor®.

 

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