The Value of People

Most businesses that have grown past the point of having a single employee have been built with the people who work for the company.  Some people will have a positive effect on the corporate or company culture, and others will have a negative effect.   But every person will have an effect on the company.  That is especially true when a company is in the beginning stages and getting off the ground.  A single employee can literally make or break a new company.  Employees are the cornerstone of almost any business.  They are not cogs that can be replaced, or to be moved from one organization to another.  There is a huge value to the people in an organization, and really, the people make the organization.

Too often managers, especially in large groups, treat people as if they are replaceable, or certainly that they are interchangeable.  That couldn’t be further from the truth.  The more highly skilled the workforce is within a company, the less interchangeable employees are.  That means high tech, or any STEM field.  It is also true in medicine, and medical research.  A programmer isn’t just a programmer.  Someone in IT could do about 10,000 different things, depending on what their specialty is.  Do they do Testing?  Quality Assurance?  Project planning?  Do they code?  If so, what kind of coding?  Is it in Java, Javascript?  Assembly?  The number of questions, that arise are almost limitless.  You can’t just take two engineers in the same organization and swap them for one another.  That would be a huge mistake, yet companies do this all the time, because they don’t recognize the value of people. They don’t recognize how difficult some of these skills are to find.

If a company finds itself in a situation where it is spending too much for too little return, the answer isn’t just to eliminate people, and pile more work on the remaining employees.  Too often that is the approach that companies take.  The real answer needs to be that the company needs to find a different way to do business, not just work the current workforce harder.  It may mean actually having to make difficult decisions about what the company will and won’t do, and how it will do the things that it decides are important.

The people are what made the company, and it’s important to recognize their value.

 

Categories

All Categories

Business Operations

Entrepreneur Interviews

Marketing, Networking, & Social Media

Self Care & Personal Development

Working Moms

Business Software and Technology

Entrepreneurship & Small Business

Organizing Tips

Sales

Career Building

Family Businesses

Inspiration

Starting Your Own Business

Work-Life Balance

Communication

Hiring Help

Management & Leadership

Time Management & Priorities

Women in Leadership

Recent Posts

Business Blogging 101: How to Create and Sustain a Successful Blog

Business Blogging 101: How to Create and Sustain a Successful Blog

For businesses, business blogging is becoming a powerful tool to not only attract and engage new customers but also to build brand authority and ultimately grow your brand.
This comprehensive guide will equip you with the essential knowledge and strategies you need to start and succeed in the dynamic world of business blogging.

How to Protect Your Merchandise From Theft

How to Protect Your Merchandise From Theft

Protecting your merchandise from theft is a critical aspect of running a successful business. In a world where security threats are ever-present, safeguarding your inventory is essential. Not only does it protect your bottom line, but it also ensures the safety of...

Experts You Need to Have at Your Business

Experts You Need to Have at Your Business

In the dynamic world of business, having the right team of experts is not just beneficial; it is essential for success and growth. For female leaders who are carving out their paths in business, marketing, or HR, knowing which experts to have on board can make a...

7 Tips for Asserting Yourself as a Woman in a Medical Workplace

7 Tips for Asserting Yourself as a Woman in a Medical Workplace

As a woman in a medical workplace, you have a lot of responsibility, not just to yourself but to other women who will come along after you. Asserting yourself in your workplace and gaining the respect of other employees and leadership is essential to a successful career. You have worked hard to get where you are, you don’t want to lose momentum.

Continue to grow with online leadership training and more. Follow these tips to assert yourself in the medical workplace.