People: The Key to Business Performance

In an unstable global economic context, the question of business performance has never been so critical. To reach their growth objectives, businesses are cutting costs and, all too often, forgetting the human element. Performance expectations impact work teams, who experience significant stress and fatigue.

 

Did You Know?

 

In Canada, workplace stress and its resulting psychological problems lead to a loss in productivity which is estimated to cost the economy 33 billion dollars a year (source: Maclean’s).

 

In other words, the quest for extreme performance eventually leads to serious economic losses.

 

As leaders, what can you do to improve your team’s performance without sacrificing the human element? How can you respond to workers’ new expectations, and notably those of Generations Y and Z, who will represent 75% of active workers in the world by 2025? (source: Deloitte and Brookings Institute)

 

We have now entered into the era of human resources. Businesses need the human element to perform in the long term, as workers’ well-being is directly related to business performance. Every manager has an interest in adapting to current trends and investing in their employees’ development from now on.

 

“The law of process says: leaders developer daily, not in a day” —John C. Maxwell, one of the world’s greatest leadership experts