Ashish Kothari argues that ignoring employee well-being is a financial mistake. Companies face SEC scrutiny over human capital disclosures and need measurement frameworks to track well-being metrics as a core business responsibility.
You know, the science of flourishing. We have all the data we need where this is not just sappy, feel good, do it, because you should be kind to people. If we are not integrating these and transforming our workplaces, I think we are actually not living up to our financial fiduciary responsibility either.
And we have to have that conversation that shifts the paradigm. And there are headwinds that we've both heard about that are coming that way. You have the SEC that is looking at human capital and how they're being treated, and seeing that as material to disclosures. And what I tell to clients in my research is better to get ahead of that, to come up with your own framework for doing this and measuring it so that you know the data, so you know what levers you can pull to improve those numbers, because they can be improved.
Reducing Regrettable Attrition in Organizations by Fixing the System, Not the People Reducing Regret
