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It profits to be kind: Why there is no glory in building a billion-dollar business while emotionally bankrupting people | Current Affairs | Vision IAS

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It profits to be kind: Why there is no glory in building a billion-dollar business while emotionally bankrupting people

2 min read

Empathy and Kindness in Leadership: A New Paradigm

In the contemporary business world, where speed and innovation are often prioritised, there's a growing recognition of the need to humanise corporate culture through kindness and empathy. These are no longer optional virtues but essential elements of infrastructure that contribute to healthier, more productive workplaces.

Traditional Leadership vs. Empathetic Leadership

  • Traditional Leadership: Often idolises the "tough boss" model, characterised by demanding and fear-driven management styles. While this can lead to short-term results, it frequently results in employee burnout and high turnover.
  • Empathetic Leadership: Encourages understanding and connection. Empathy is likened to organizational Wi-Fi: invisible but critical to functioning. It encompasses three forms:
    • Cognitive Empathy: Understanding what others feel.
    • Emotional Empathy: Sharing the feelings of others.
    • Compassionate Empathy: Combining understanding and action.

Benefits of Empathy in the Workplace

  • Retention: Empathetic cultures experience lower attrition rates. Employee retention through understanding is more cost-effective than frequent hiring.
  • Innovation: Psychological safety fosters creativity, encouraging risk-taking without fear.
  • Reputation: Empathy enhances loyalty and helps maintain a positive organizational image in the social media era.

Empathy in Practice

  • Support for women facing unique workplace challenges, such as maternity and caregiving.
  • Recognizing small wins and showing appreciation through gestures like handwritten notes.
  • Encouraging a culture where leaving early to care for family is acceptable and feedback is delivered with dignity.

Generational Shift and the Role of Humour

  • Generational Shift: Millennials and Gen Z prioritise emotional well-being and purpose-driven work environments. 
  • Role of Humour: Used effectively, humour can ease tension and enhance communication when paired with empathy.

Conclusion: Designing Empathy into Organisational Policies

To create lasting change, empathy must be integrated into company policies, from parental leave to mental health support. As leadership evolves, empathy will remain a critical component, transcending traditional business metrics and fostering genuine connections.

  • Tags :
  • Empathy and Kindness
  • Leadership
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