The Human Factor to Profitability: People-centered Cultures as Meaningful Organizations
Keywords:
Organizational Psychology, Human Factor, ProfitAbstract
Employees want to work for organizations that provide a sense of purpose. People centered organizational cultures promote meaningful organizations. People centered cultures operate on:1) all people are important; 2) a strong belief in people shapes the culture; 3) people working together perform at higher levels; and 4) all people benefit. Seven elements these cultures share: 1) people-first core values; 2) leadership; 3) open communication; 4) trust; 5) aligned operations and work environments; 6) change responsiveness; and 7) organizational resiliency. This creates highly productive and highly profitable work environments. Emerging trends of people centered cultures and impact on society are discussed.