The Power of Happiness: From Productivity to Profitability | Jade Green | Episode 262
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Description
When productivity spiked during 2020 many thought that this trend would continue once life returned to a sense of normalcy. However, since returning to the office many businesses are seeing lower levels of productivity and profitability from their employees who are no longer have any happiness in their lives. So how do we combat this problem? The first solution we tend to leap towards is higher pay brackets. But after a certain level of income, this simply doesn’t work anymore. We have to look deeper. Once we look past the paycheck we see engagement in work. Highly engaged employees record 23% higher profitability than those with low levels of engagement. Highly engaged employees are 87% less likely to leave their organization and we are all aware that staff turnover not only kills profits, it erodes team cohesion and therefore results. In today’s competitive job market, it’s more important than ever for leaders to focus on employee engagement and retention. CEO’s it’s time to prioritize job satisfaction in the workplace, but the question is, how? By focusing on the 7 human needs of peak performance, we can help create an engaged workforce where employees feel supported and have higher levels of job satisfaction. Internationally award-winning entrepreneur, rule breaker, and Reverse Engineering strategist. Jade supports business owners to have teams that are productive and profitable. At some stage a paycheck was enough to motivate people but in today's market you need to serve the seven human needs of your employees if you want them to be productive and profitable. When you understand these needs you can hack your company culture and elevate your success indicators across all metrics. Timestamped overview for The Power of Happiness [00:04:56] Jade's personal journey to entrepreneurship and advocating for employee happiness. [00:11:17] Founding a business on personal reputation and the importance of organizational bonds. [00:18:08] Building well-being and social connections as foundational elements for peak performance. [00:24:14] Tim Clark's four stages of psychological safety and the importance of connection and wellness. [00:32:25] Motivating personnel through significance and future vision. [00:35:44] Aligning departments towards a common future vision. [00:45:02] Building connection and understanding employee needs through effective communication. [00:49:39] Prioritizing employee well-being through coaching, redesigning work, and meaningful connections. [00:53:39] The importance of understanding and appreciating others with Five Love Languages. For the complete show notes be sure to check out our website: https://leaddontboss.com/262
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