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Focusing on people pays off
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Created on February 18, 2025
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Transcript
"Essentially, we are selling the skills, expertise and time of our team members."
Patrick Stokes, Founder and CEO of Rep Data.
Focusing on people pays off
89% of people prioritize flexibility over financial incentives
Why a 'people first' approach will make your results flourish
as well as their time andwhat they do with it. As a result, the well-being of the team members has a direct impact on the business and is critical to meeting the objectives. Customers are, of course, part of this strategy. Beyond thinking about 'how can my product or service meet the needs of my customer, focusing on understanding their needs can lead to far more fruitful solutions,
Several studies have found that putting people first increases commitment, productivity, and creativity. When asked what motivates them to be productive, 89% of people prioritize flexibility over financial incentives, according to the SHRM (The Society for Human Resource Management). More than products or services, your company sells the work of your team, which includes their experience and skills,
and is perhaps the most effective way to improve your offering. Genuine concern for people is the key to success, and empathy is becoming an increasingly important component of the most modern and effective leadership strategies. Source: The True Business Value Of Putting People First. Forbes.