A five-year study found that employee emotions significantly impact a company’s success. Interestingly, when an employee makes a mistake and isn’t punished, they tend to perform better. A company wants its employees to try, experiment, and succeed, but it is hard for the company to grow if employees are blamed when they make mistakes or fail. Over time, the company can unintentionally become a bureaucracy, which discourages employees from working effectively. Conversely, when employees and the company work together toward the same goal, great success follows. We mistakenly believe that giving employees monetary bonuses will motivate them. However, more factors can encourage people than just money. Not only is money a limited motivator, but it is also costly compared to its effectiveness. When a company becomes an unpleasant place to work, managers, employees, shareholders, and customers all become unhappy. But when it becomes a good place to work, everyone is happy. There’s no ambiguou...
Knowing the effect means genuinely understanding it. You don’t honestly know just because you comprehend the definition and meaning. We only know when we recognize the effect it has in a specific context, how it influences that context, and what impact it creates, including any aftereffects. Therefore, there are things I am unaware of, so I cannot claim to know everything. Let’s not confuse partial knowledge with complete understanding . - Joseph’s “just my thoughts”