🧐 We are delighted to welcome Professor Stephan Meier, the James P. Gorman Professor of Business Strategy and Chair of the Management Division at Columbia Business School, to this episode of BE GOOD! podcast. In this episode, we explore how employee-centered management and workplace behavioral economics create thriving businesses:
📖 Professor Meier discusses his new book, "The Employee Advantage: How Putting Workers First Helps Business Thrive," sharing evidence-based organizational strategies drawn from his extensive experience at the Federal Reserve Bank's Center for Behavioral Economics, Harvard University, and the University of Zurich.
🔎 Learn about Professor Meier's fascinating journey into behavioral science and employee motivation research, which began with his master's thesis examining the selfishness of economists and evolved into groundbreaking studies on non-monetary workplace motivators that drive performance and engagement.
🧠 Discover the 4 key elements of human-centric organizations that improve retention and productivity: creating a specific and motivating purpose for employees, fostering mutual trust between management and teams, providing appropriately challenging tasks that balance skills development, and cultivating a collective sense of workplace belonging.
🗺 Explore how an employee-centric approach delivers measurable business benefits and strategic advantages including increased workforce productivity, enhanced innovation capabilities, lower employee turnover rates, and improved customer experience metrics.
🦉 Meier shares insights on the future of work and organizational behavior, highlighting how technology integration can enhance employee-centric workplace cultures while cautioning against counterproductive surveillance practices that undermine trust.
His actionable advice for business leaders and HR professionals? Start implementing change by truly listening to employees to understand their workplace experiences and identify high-impact areas for organizational improvement.
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